Navitas Semiconductor Corp SEC Filings

Navitas Semiconductor Corporation reports a Form 144 notice disclosing a proposed sale of 500,000 shares of Class A common stock by a broker located in Malta, with an aggregate market value of $2,860,000 and approximately 213,107,277 shares outstanding. The filing shows the shares to be sold were originally acquired on 10/19/2021 in a registered issuance related to a business combination, with an original amount acquired of 8,866,500 shares.

The notice also lists multiple recent sales by related parties over the past three months, including transactions by Atlantic Bridge III LP totaling 4,321,836 shares (with gross proceeds shown for each sale) and one sale by Brian Long of 31,460 shares. The filer affirms no undisclosed material adverse information and follows Rule 144 disclosure requirements.

Brian Long, a director of Navitas Semiconductor Corp (NVTS), reported insider sales on 08/27/2025. He disposed of 500,000 shares of Class A common stock in multiple trades at a weighted-average price of $6.0538, leaving him (indirectly) with 3,920,991 shares beneficially owned via Atlantic Bridge III LP. The filing also shows disposition of 22,048 shares that reflect shares underlying unvested restricted stock units. The reporting person is identified as managing director of Atlantic Bridge III LP and disclaims beneficial ownership except to the extent of his pecuniary interest.

Navitas Semiconductor Corporation (NVTS) filed a Form 144 notifying a proposed sale of 500,000 shares of Class A common stock with an aggregate market value of $3,060,000, to be sold through Sparkasse Bank Malta Plc on or about 08/27/2025. The filing shows 213,107,277 shares outstanding. The shares to be sold were originally acquired on 10/19/2021 in a registered issuance tied to a business combination, totaling 8,866,500 shares received on that date. The filing also reports recent sales in June 2025 by Brian Long and Atlantic Bridge III LP, listing specific sale amounts and gross proceeds.

Todd Glickman, Sr. V.P., CFO & Treasurer of Navitas Semiconductor Corp (NVTS), reported a routine withholding transaction tied to vested restricted stock units. On 08/21/2025 a total of 3,882 shares were withheld to satisfy withholding taxes at a withheld price of $6.25 per share, and the filing shows 987,581 shares beneficially owned following the transaction. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person and includes an explanation that the shares withheld were for tax withholding related to settled RSUs.

Navitas Semiconductor appointed Chris Allexandre as President, CEO and Class I director effective September 1, 2025. The Board named Mr. Allexandre to a term expiring at the 2028 annual meeting and he succeeds founder Gene Sheridan, who will step down August 31, 2025. The filing states Mr. Sheridan's departure is not due to any disagreement with the Company.

The Company and Mr. Allexandre executed an employment agreement dated August 22, 2025, providing a $520,000 base salary, a target annual bonus equal to 120% of base salary, a recruitment award of 800,000 RSUs vesting in equal installments in August 2027, 2028 and 2029, and a 2026 PSU award with an expected grant-date value of $2,500,000. Annual equity awards beginning in 2027 are expected to aggregate $2,500,000 in value, split 50/50 time-based and performance-based, subject to Board approval. The Company will pay Mr. Sheridan $2,400,000 in transition payments over 12 months. The filing also furnishes a press release and reconfirms prior Q3 2025 guidance as previously issued.

Navitas Semiconductor director Cristiano Amoruso reported awards totaling 24,634 restricted stock units (RSUs) of Class A common stock, recorded as direct beneficial ownership. An annual award of 22,048 RSUs was granted for the 2025–2026 board term under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan; those RSUs will vest in full immediately before the issuer's 2026 annual stockholders' meeting, subject to the reporting person's continued service or, if timing differs, one year after the grant. A separate grant of 2,586 RSUs for the 2024–2025 term was fully vested upon grant. All reported RSUs have an acquisition price of $0.

Navitas Semiconductor (NVTS) Director Richard J. Hendrix was granted 22,048 restricted stock units (RSUs) on 08/06/2025 under the company’s 2021 Equity Incentive Plan as the annual non-employee director award for the 2025-2026 board term. Each RSU represents the right to receive one share of Class A Common Stock and will vest in full immediately before the issuer’s 2026 annual stockholders’ meeting, subject to the reporting person’s continued service and timing conditions described in the plan.

The Form 4 shows the reporting person beneficially owns 67,504 shares following the reported transaction. The filing also discloses indirect holdings of 1,263,000 shares by Live Oak Sponsor Partners II, LLC and 176,709 shares by RJH Management Co., LLC; the reporting person disclaims beneficial ownership of the Live Oak Sponsor shares except to the extent of his pecuniary interest. The form was signed by attorney-in-fact Paul D. Delva on 08/08/2025.

Brian Long, a director of Navitas Semiconductor Corp (NVTS), was granted an annual non-employee director award of 22,048 restricted stock units (RSUs) on 08/06/2025 under the company’s 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Class A common stock upon vesting. The RSUs will vest in full immediately before the issuer’s 2026 annual stockholders’ meeting if Long continues to serve as a director and the meeting occurs within 30 days of the first anniversary of the 2025 meeting; otherwise the RSUs vest one year after the grant date. The filing also reports 4,420,991 shares held indirectly by Atlantic Bridge III LP, where Long is managing director; he disclaims beneficial ownership except to the extent of his pecuniary interest.

Navitas Semiconductor Corp director David Moxam reported an acquisition on Form 4 showing an annual grant of restricted stock units under the company’s 2021 Equity Incentive Plan. The filing records a transaction date of 08/06/2025 and shows 22,048 shares associated with the award, with a reported price of $0 (RSUs representing the right to receive one share each). The RSUs are set to vest in full immediately before the company’s 2026 annual stockholders' meeting, subject to Mr. Moxam’s continued service, or alternatively one year after the grant if the meeting timing differs.