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  4. [Form 4] Enovix Corp Insider Trading Activity

Enovix (ENVX) CAO logs 2,858-share tax withholding, holds 215,498 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enovix Corp Chief Accounting Officer Kristina Truong reported routine share withholdings for taxes tied to equity compensation, not open-market trades. On April 1 and April 5, a total of 2,858 shares of common stock were withheld to cover tax obligations associated with vesting restricted stock units.

After these tax-withholding dispositions, Truong held 215,498 shares of Enovix common stock directly. This figure includes 129,439–130,643 shares issuable upon future vesting and settlement of RSUs, as well as vested performance restricted stock units scheduled for release in March and April 2027–2028.

Positive

  • None.

Negative

  • None.
Insider Truong Kristina
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock 638 $5.06 $3K
Tax Withholding Common Stock 2,220 $4.97 $11K
Holdings After Transaction: Common Stock — 215,498 shares (Direct)
Footnotes (1)
  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 130,643 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance restricted stock units ("PRSUs"): (i) 2,489 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 (the foregoing PRSUs collectively referred to as the "Earned PRSUs"). Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. Includes 129,439 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Tax-withheld shares (total) 2,858 shares Shares withheld to satisfy tax obligations on RSU vesting
Tax-withheld lot 1 2,220 shares at $4.97/share Code F disposition on April 1, 2026
Tax-withheld lot 2 638 shares at $5.06/share Code F disposition on April 5, 2026
Shares held after transactions 215,498 shares Direct Enovix common stock holdings following April 5, 2026
RSUs issuable (higher footnote figure) 130,643 shares Shares issuable upon vesting and settlement of RSUs granted to Truong
Earned PRSUs (first tranche) 2,489 PRSUs Vested PRSUs scheduled for release in March 2027
Earned PRSUs (additional) 35,278 PRSUs Vested PRSUs, half releasing April 2027 and half April 2028
restricted stock units ("RSUs") financial
"Reflects the withholding of shares ... in connection with the vesting of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
performance restricted stock units ("PRSUs") financial
"Includes 130,643 shares issuable ... as well as the following vested performance restricted stock units ("PRSUs")."
tax withholding obligations financial
"withholding of shares ... to satisfy tax withholding obligations in connection with the vesting of restricted stock units"
contingent right to receive one share financial
"Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement."
Form 4 Insider Transactions: What Each Field Means →
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*
Truong Kristina
(Last)(First)(Middle)
3501 W WARREN AVENUE
(Street)
FREMONT CALIFORNIA 94538
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Enovix Corp [ ENVX ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		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
Common Stock04/01/2026F2,220(1)D$4.97216,136(2)D
Common Stock04/05/2026F638(1)D$5.06215,498(3)D
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 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").
2. Includes 130,643 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance restricted stock units ("PRSUs"): (i) 2,489 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 (the foregoing PRSUs collectively referred to as the "Earned PRSUs"). Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
3. Includes 129,439 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong04/06/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Enovix (ENVX) insider Kristina Truong report in this Form 4?

Kristina Truong reported routine tax-withholding share dispositions. Enovix’s Chief Accounting Officer had 2,858 common shares withheld to satisfy tax obligations related to vesting restricted stock units, leaving her with 215,498 shares owned directly after the transactions.

Were Enovix (ENVX) shares sold on the open market in this Form 4?

No open-market sales were reported. Both transactions used code F, indicating shares were withheld by Enovix to pay tax liabilities on vesting RSUs, rather than discretionary buying or selling by Chief Accounting Officer Kristina Truong in the market.

How many Enovix (ENVX) shares were withheld for taxes for Kristina Truong?

A total of 2,858 shares were withheld for taxes. The Form 4 shows 2,220 shares at $4.97 per share and 638 shares at $5.06 per share, all used to satisfy tax withholding obligations tied to restricted stock unit vesting.

How many Enovix (ENVX) shares does Kristina Truong hold after these transactions?

Kristina Truong held 215,498 Enovix shares after the transactions. This total includes currently owned common stock plus shares issuable upon future vesting and settlement of RSUs and earned performance RSUs described in the Form 4 footnotes.

What future Enovix (ENVX) stock releases are scheduled for Kristina Truong’s PRSUs?

Vested PRSUs are scheduled to be released in 2027 and 2028. Footnotes state 2,489 PRSUs will be released in March 2027, and 35,278 PRSUs will be released in two tranches in April 2027 and April 2028.

What types of equity awards does the Enovix (ENVX) Form 4 reference for Kristina Truong?

The filing references RSUs and performance RSUs (PRSUs). It notes over 129,000 shares issuable upon RSU vesting, plus earned PRSUs that represent contingent rights to additional Enovix common shares when they settle in future years.