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 withholding of 17,617 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 18, 2025, Rajendra K Talluri, the President and CEO of Enovix Corp, had 17,617 shares of common stock withheld to satisfy tax obligations.
- This withholding was related to the vesting of restricted stock units (RSUs).
- Following the transaction, Talluri beneficially owns 2,447,405 shares of Enovix Corp, which includes 2,033,411 shares issuable upon the settlement of RSUs.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax procedures, so it doesn't significantly impact sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 05/18/2025 | Date of transaction: withholding of shares for tax obligations related to vesting of restricted stock units. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Enovix, ENVX, Rajendra Talluri, Form 4, SEC, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Insider Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.