Form 4: Enovix Corp: Chief Accounting Officer Reports Stock Transactions
SEC Form 4 Filing
Kristina Truong, Chief Accounting Officer of Enovix Corp, reports acquisition and disposal of common stock related to vested restricted stock units (RSUs) and tax obligations.
Summary
- On May 16, 2025, Kristina Truong, the Chief Accounting Officer of Enovix Corp, acquired 5,397 shares of common stock upon the vesting of restricted stock units (RSUs).
- These RSUs represent award bonuses earned for the quarter ended March 30, 2025.
- Simultaneously, 2,853 shares were disposed of to cover tax withholding obligations at a price of $8.28 per share.
- Following these transactions, Truong beneficially owns 214,176 shares of Enovix Corp common stock, including 186,976 shares issuable upon the settlement of RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/30/2025 | End of quarter for which RSUs were awarded as bonuses. |
| 05/16/2025 | Date of stock acquisition and disposal related to RSU vesting and tax obligations. |
| 05/20/2025 | Date of Form 4 filing. |
Keywords
Enovix Corp, Kristina Truong, Chief Accounting Officer, Form 4, Stock Transactions, Restricted Stock Units, RSUs, Beneficial Ownership, ENVX
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