Form 4: Enovix Corp 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 17,618 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 18, 2025, Rajendra K Talluri, the President and CEO of Enovix Corp, had 17,618 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 2,469,314 shares of Enovix Corp, which includes 2,074,865 shares issuable upon the settlement of RSUs.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
This is a routine filing related to insider transactions and is common for executives receiving stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 04/18/2025 | Date of share withholding for tax obligations related to RSU vesting. |
Keywords
Form 4, Rajendra Talluri, Enovix Corp, ENVX, Insider Trading, Beneficial Ownership, Restricted Stock Units, Tax Withholding, CEO
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