Form 4: Enovix CEO Rajendra Talluri Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Rajendra K. Talluri, President and CEO of Enovix Corp, reports the withholding of 4,292 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 8, 2025, Rajendra K. Talluri, the President and CEO of Enovix Corporation, had 4,292 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
- The shares were withheld at a price of $6.48 per share.
- Following the transaction, Talluri beneficially owns 2,465,022 shares of Enovix common stock, which includes 2,066,744 shares issuable upon the settlement of RSUs.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and does not inherently indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: withholding of shares for tax obligations related to vesting of restricted stock units. |
| 05/09/2025 | Date of report filing. |
Keywords
Enovix, Rajendra Talluri, ENVX, Form 4, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Insider Transaction
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