Navitas Semiconductor (NVTS) director receives 4,839-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fischer Gregory Michael reported acquisition or exercise transactions in this Form 4 filing.
Navitas Semiconductor Corp director Gregory Michael Fischer received an equity award of 4,839 shares of Class A Common Stock through a grant of restricted stock units. The RSUs are scheduled to vest in full on June 9, 2026, delivering one share of common stock for each vested unit.
All 4,839 shares reported in this filing are held directly following the award. Upon vesting, some shares may be sold or withheld to cover applicable withholding taxes under Navitas Semiconductor Corp’s equity incentive plan and related policies.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fischer Gregory Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,839 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 4,839 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,839 shares
Grant price: $0.00 per share
Holdings after grant: 4,839 shares
+1 more
4 metrics
RSU grant size
4,839 shares
Restricted stock units granted on April 28, 2026
Grant price
$0.00 per share
Compensation-related RSU award, no cash paid by director
Holdings after grant
4,839 shares
Total Class A Common Stock reported as directly held after transaction
RSU vesting date
June 9, 2026
RSUs scheduled to vest in full on this date
Key Terms
restricted stock units (RSUs), vesting, withholding taxes, equity incentive plan
4 terms
restricted stock units (RSUs) financial
"Reflects grant of restricted stock units (RSUs) scheduled to vest in full"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vesting financial
"RSUs scheduled to vest in full on June 9, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
withholding taxes financial
"before sales of settled shares ... in respect of withholding taxes incurred"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
equity incentive plan financial
"subject to the issuer's equity incentive plan and applicable policies"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.