Form 4: Enovix CFO Farhan Ahmad Reports Stock Transaction
SEC Form 4 Filing
Farhan Ahmad, CFO of Enovix Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On October 10, 2024, Enovix Corp's CFO, Farhan Ahmad, had 1,878 shares of common stock withheld to cover tax obligations related to the vesting of restricted stock units (RSUs).
- The price per share for the transaction was $11.69.
- Following the transaction, Ahmad directly owns 425,807 shares of Enovix Corp, which includes 384,093 shares issuable upon the settlement of RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/10/2024 | Date of stock transaction (withholding of shares for tax obligations). |
| 10/11/2024 | Date of signature for the Form 4 filing. |
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