Form 4: Enovix Corp: Chief Legal Officer Arthi Chakravarthy Reports Stock Transaction
SEC Form 4 Filing
Arthi Chakravarthy, Chief Legal Officer of Enovix Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 8, 2024, Arthi Chakravarthy, the Chief Legal Officer of Enovix Corp, had 933 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
- The price per share for the transaction was $11.92.
- Following the transaction, Chakravarthy beneficially owns 385,959 shares of Enovix Corp, which includes 340,379 shares issuable upon the settlement of RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of stock transaction (withholding of shares for tax obligations). |
| 08/09/2024 | Date of signature for the Form 4 filing. |
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