Form 4: Enovix CEO Rajendra Talluri Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Enovix CEO Rajendra Talluri reports the withholding of 17,617 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 18, 2025, Enovix Corp CEO Rajendra K Talluri had 17,617 shares of common stock withheld to cover tax obligations related to the vesting of restricted stock units (RSUs).
- The shares were withheld at a price of $11.16 per share.
- Following the transaction, Talluri directly owns 2,345,301 shares of Enovix Corp, which includes 1,713,138 shares issuable upon the settlement of RSUs.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested stock, so it's neutral in sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of the transaction involving the withholding of shares for tax obligations. |
| 02/19/2025 | Date of signature for the report. |
Keywords
Enovix Corp, Rajendra Talluri, Form 4, share withholding, restricted stock units, ENVX, CEO, tax obligations, beneficial ownership
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