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Navitas Semiconductor (NASDAQ: NVTS) director gets two stock grants for 2026 fees

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Form Type
4

Rhea-AI Filing Summary

Saluja Dipender reported acquisition or exercise transactions in this Form 4 filing.

Navitas Semiconductor Corp director Dipender Saluja received two stock grants as board fees taken in shares. He was awarded 864 Class A common shares on May 9, 2026 for first-quarter service at $14.47 per share, and 951 shares on July 31, 2026 for second-quarter service at $13.15 per share. Footnotes state each grant was elected in lieu of the cash portion of his Board fee and priced using the 20 day average closing price before the grant. As of May 9, 2026, indirect holdings reported include 3,237,161 shares held by Technology Impact Fund, L.P. and 4,755,536 shares held by Capricorn-Libra Investment Group, LP, where Saluja is managing director and disclaims beneficial ownership beyond his pecuniary interest.

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Insider Saluja Dipender
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock F2 951 $13.15 $13K
Grant/Award Class A Common Stock F1 864 $14.47 $13K
holding Class A Common Stock F3 -- -- --
holding Class A Common Stock F4 -- -- --
Holdings After Transaction: Class A Common Stock — 145,097 shares (Direct); Class A Common Stock — 3,237,161 shares (Indirect, Technology Impact Fund, L.P.); Class A Common Stock — 4,755,536 shares (Indirect, Capricorn-Libra Investment Group, LP)
Footnotes (4)
  1. F1. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the first quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of May 7, 2026.
  2. F2. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the second quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of July 29, 2026.
  3. F3. Shares are held by Technology Impact Fund, L.P., of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
  4. F4. Shares are held by Capricorn-Libra Investment Group, LP, of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
Q1 2026 board fee stock grant 864 shares of Class A common stock Grant elected in lieu of cash board fee on May 9, 2026 at $14.47 per share
Q2 2026 board fee stock grant 951 shares of Class A common stock Grant elected in lieu of cash board fee on July 31, 2026 at $13.15 per share
Indirect holdings via Technology Impact Fund, L.P. 3,237,161 shares of Class A common stock Shares held by Technology Impact Fund, L.P.; Saluja is managing director and disclaims beneficial ownership beyond his pecuniary interest
Indirect holdings via Capricorn-Libra Investment Group, LP 4,755,536 shares of Class A common stock Shares held by Capricorn-Libra Investment Group, LP; Saluja is managing director and disclaims beneficial ownership beyond his pecuniary interest
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
disclaims beneficial ownership financial
"The reporting person disclaims beneficial ownership of the reported shares"
20 day average closing price financial
"calculated based on the 20 day average closing price of the Class A"
elected in lieu of the cash portion financial
"Reflects a grant of Class A common stock elected in lieu of the cash portion"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider share transactions did Dipender Saluja report at Navitas Semiconductor (NVTS)?

Dipender Saluja reported two stock grants of Navitas Class A shares as director fees. He received 864 shares on May 9, 2026 and 951 shares on July 31, 2026, both as compensation rather than open-market purchases.

Were Dipender Saluja’s NVTS share acquisitions open-market purchases?

No. Both NVTS acquisitions were grants elected in lieu of cash board fees. The filings state the Class A common stock grants replaced the cash portion of his director compensation for the first and second quarters of 2026.

How many Navitas Semiconductor (NVTS) shares are held by funds associated with Dipender Saluja?

As of May 9, 2026, funds associated with Saluja reported 3,237,161 NVTS shares at Technology Impact Fund, L.P. and 4,755,536 shares at Capricorn-Libra Investment Group, LP. He is managing director and disclaims beneficial ownership beyond his pecuniary interest.

How were the share prices determined for Saluja’s NVTS stock grants?

The prices per share, $14.47 and $13.15, were calculated from the 20 day average closing price of Navitas Class A common stock as of May 7, 2026 and July 29, 2026, respectively, according to the footnotes.

Do the reported NVTS transactions indicate use of a Rule 10b5-1 trading plan by Saluja?

The Form 4’s Rule 10b5-1 checkbox is not marked, and the footnotes do not mention any trading plan. The activity consists of automatic stock grants elected in lieu of cash director fees, rather than discretionary market trades.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Saluja Dipender

(Last)(First)(Middle)
C/O CAPRICORN INVESTMENT GROUP, LLC
512 W 22ND ST 6TH FLOOR

(Street)
NEW YORK NEW YORK 10011

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Navitas Semiconductor Corp [ NVTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/09/2026A(1)864A$14.47144,146D
Class A Common Stock07/31/2026A(2)951A$13.15145,097D
Class A Common Stock3,237,161ITechnology Impact Fund, L.P.(3)
Class A Common Stock4,755,536ICapricorn-Libra Investment Group, LP(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the first quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of May 7, 2026.
2. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the second quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of July 29, 2026.
3. Shares are held by Technology Impact Fund, L.P., of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
4. Shares are held by Capricorn-Libra Investment Group, LP, of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
/s/ Dipender Saluja08/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)