Navitas director granted 9,990 RSUs in stock award
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Rhea-AI Filing Summary
Navitas Semiconductor Corp (NVTS) reported that director Davin Lee received an annual grant of 9,990 restricted stock units (RSUs) of Class A Common Stock on July 22, 2026, for the 2026–2027 board term under the company’s non-employee director compensation program and 2021 Equity Incentive Plan. Each RSU converts into one share after vesting, and the RSUs vest in full on June 25, 2027. Following this award, Lee holds 13,420 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 9,990 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects shares underlying an annual award of restricted stock units ("RSUs") granted for the 2026-2027 board term under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan (the "Plan"). Each RSU represents the reporting person's right to receive one share of Class A Common Stock of the issuer following the vesting date in accordance with the Plan and subject to applicable issuer policies. The RSUs will vest in full on June 25, 2027.
Key Figures
Key Terms
restricted stock units financial
non-employee director compensation program financial
2021 Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did NVTS director Davin Lee report in this Form 4 transaction?
When do Davin Lee’s newly granted NVTS RSUs vest?
What is the nature of the NVTS equity award reported by Davin Lee?
Did Davin Lee pay a purchase price for the 9,990 NVTS RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.