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Navitas Semiconductor (NASDAQ: NVTS) grants director 9,990 RSUs

(Neutral)
(Neutral)
Form Type
4

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.

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Insider LEE DAVIN
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock F1 9,990 $0.00 $0.00
Holdings After Transaction: Class A Common Stock — 13,420 shares (Direct)
Footnotes (1)
  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.
RSUs granted 9,990 RSUs Annual award for the 2026–2027 board term granted on July 22, 2026
Vesting date June 25, 2027 RSUs vest in full on this date under the 2021 Equity Incentive Plan
Shares held after transaction 13,420 shares Direct ownership of Navitas Semiconductor Corp Class A Common Stock after award
Transaction price per share 0.0000 Compensation-related grant, not a market purchase or sale
restricted stock units financial
"Reflects shares underlying an annual award of restricted stock units ("RSUs") granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation program financial
"granted for the 2026-2027 board term under the issuer's non-employee director compensation program"
2021 Equity Incentive Plan financial
"under the issuer's ... program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan"

FAQ

What did NVTS director Davin Lee report in this Form 4 transaction?

Davin Lee reported an award of 9,990 RSUs of Navitas Semiconductor Corp Class A Common Stock, granted for the 2026–2027 board term under the company’s non-employee director compensation program and 2021 Equity Incentive Plan.

When do Davin Lee’s newly granted NVTS RSUs vest?

The RSUs granted to Davin Lee vest in full on June 25, 2027. After vesting, each RSU represents the right to receive one share of Class A Common Stock, subject to the company’s equity plan and applicable issuer policies.

How many NVTS shares does Davin Lee hold after this Form 4 transaction?

After this transaction, Davin Lee directly holds 13,420 shares of Navitas Semiconductor Corp Class A Common Stock, as reported in the Form 4 following the RSU award of 9,990 units.

What is the nature of the NVTS equity award reported by Davin Lee?

The award is an annual grant of restricted stock units (RSUs) under Navitas Semiconductor Corp’s non-employee director compensation program and the 2021 Equity Incentive Plan, with each RSU delivering one share of Class A Common Stock after vesting.

Did Davin Lee pay a purchase price for the 9,990 NVTS RSUs?

No purchase price is indicated; the Form 4 shows a transaction price per share of 0.0000, consistent with a grant or award of RSUs as compensation rather than an open-market purchase.

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

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Learn about SEC filing dates
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*
LEE DAVIN

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

(Street)
TORRANCE CALIFORNIA 90503-1640

(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)
07/22/2026
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 Stock07/22/2026A(1)9,990A$013,420D
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 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.
/s/ Matthew Sant, attorney-in-fact08/26/2026
** 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)