Enovix (ENVX) CAO gifts 6,000 shares and withholds stock for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enovix Corp Chief Accounting Officer Kristina Truong reported routine share transfers and tax-related dispositions. On March 16, 2026 she made a bona fide gift of 6,000 shares of common stock, giving 3,000 shares to each of her two children, with no purchase or sale involved. On March 13, 2026, 970 shares were withheld at $4.94 per share to satisfy tax obligations tied to vesting restricted stock units. After these transactions she directly holds 218,356 common shares. Her holdings also include rights to additional shares through 134,843 RSUs, 2,489 vested PRSUs scheduled for release in March 2027, and 35,278 PRSUs expected to be released in tranches in April 2027 and April 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,000 shares gifted
Mixed
2 txns
Insider
Truong Kristina
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 6,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 970 | $4.94 | $5K |
Holdings After Transaction:
Common Stock — 218,356 shares (Direct)
Footnotes (1)
- Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). Includes 134,843 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 2,489 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 35,278 PRSUs, 50% of which will be released in April 2027, with the remainder to be released in April 2028. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. On March 16, 2026, the Reporting Person transferred 3,000 shares of the Issuer's common stock as a bona fide gift to each of her two children. There was no purchase or sale of shares of common stock in connection with the transfer.