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Navitas Semiconductor (NVTS) CEO awarded shares and sells stock to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Navitas Semiconductor Corp director and President & CEO Chris Allexandre received a grant of 22,559 shares of Class A Common Stock on March 3, 2026 at no cost, bringing his direct holdings to 822,559 shares before subsequent trades.

On the same date, he sold 9,236 Class A shares in an open‑market transaction at a weighted average price of $8.93 per share, leaving 813,323 shares owned directly afterward. According to the disclosure, these sales were executed under the company’s “sales to cover” policy to satisfy tax withholding from the vesting of compensatory awards, and he does not control the timing or number of shares sold.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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).
X
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*
Allexandre Chris

(Last) (First) (Middle)
C/O NAVITAS SEMICONDUCTOR CORPORATION
3520 CHALLENGER STREET

(Street)
TORRANCE CA 90503-1640

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Navitas Semiconductor Corp [ NVTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
PRESIDENT AND CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 03/03/2026 A 22,559 A $0 822,559 D
Class A Common Stock 03/03/2026 S(1) 9,236 D $8.93(2) 813,323 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects sales made pursuant to the issuer's policy requiring "sales to cover" of the minimum number of shares as are necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award, including restricted stock units, and intending to satisfy the requirements of Rule 10b5-1(c) under the Securities Exchange Act of 1934. The reporting person does not exercise control over the timing of such sales or the number of shares sold.
2. The reported securities were sold in multiple trades at prices ranging from $8.86 to $8.94, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
Remarks:
/s/ Rachel Roepke, attorney-in-fact 03/05/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did Navitas Semiconductor (NVTS) disclose for Chris Allexandre?

Navitas Semiconductor reported that CEO Chris Allexandre received a grant of 22,559 Class A Common Stock shares and sold 9,236 shares on March 3, 2026. The sale was executed to cover tax withholding from vesting compensation, rather than as a discretionary portfolio transaction.

How many Navitas Semiconductor (NVTS) shares did the CEO receive in the latest award?

Chris Allexandre received 22,559 shares of Navitas Semiconductor Class A Common Stock as a grant on March 3, 2026. The award was recorded at a price of $0.00 per share, reflecting a compensatory equity grant rather than a purchase in the open market.

Why did the Navitas Semiconductor (NVTS) CEO sell 9,236 shares?

The 9,236 Navitas Semiconductor shares were sold under a company “sales to cover” policy to satisfy tax withholding obligations from vesting compensatory awards, including restricted stock units. The filing notes the CEO does not control the timing of these sales or the exact number of shares sold.

What price did Navitas Semiconductor (NVTS) shares sell for in the CEO’s recent transaction?

The reported Navitas Semiconductor shares were sold in multiple trades between $8.86 and $8.94 per share. The Form 4 discloses a weighted average sale price of $8.93 for the 9,236 shares, with a commitment to provide detailed trade breakdowns upon request.

How many Navitas Semiconductor (NVTS) shares does the CEO hold after these transactions?

Following the March 3, 2026 transactions, Chris Allexandre directly owns 813,323 shares of Navitas Semiconductor Class A Common Stock. This figure reflects the grant of 22,559 shares and the sale of 9,236 shares reported, and represents his direct ownership position after the tax‑related sale.

Were the Navitas Semiconductor (NVTS) CEO’s share sales part of a Rule 10b5-1 plan?

Yes. The disclosure states the sales were intended to satisfy the requirements of Rule 10b5-1(c) under the Securities Exchange Act of 1934. Transactions occurred under the issuer’s policy mandating automatic “sales to cover” tax withholding on vesting equity awards, limiting the CEO’s control over sale timing and size.
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