4/A: Enovix Corp Director Corrects Stock Awards in Amended SEC Filing
SEC Filing (Form 4/A)
Joseph Ian Malchow, a director at Enovix Corp, files an amended Form 4 to correct the number of restricted stock units (RSUs) awarded on June 23, 2023.
Summary
- Joseph Ian Malchow, a director of Enovix Corp, filed an amended Form 4 with the SEC.
- The amendment corrects the number of restricted stock units (RSUs) awarded on June 23, 2023, due to an administrative error.
- The corrected filing shows that Malchow beneficially owns 393,341 shares of common stock directly and 1,300 shares indirectly through a minor child.
- It also includes 27,192 shares issuable upon the settlement of RSUs granted to the Reporting Person as of June 23, 2023.
- The RSUs vest in installments over three years, subject to continuous service.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting an administrative error. It doesn't convey strong positive or negative sentiment.
Industry Context
This is a standard SEC filing related to changes in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 06/23/2023 | Date of earliest transaction and date of RSU award. |
| 06/27/2023 | Date of original filing. |
| 09/15/2023 | First vesting date for 25% of RSUs. |
| 12/15/2023 | Second vesting date for 25% of RSUs. |
| 03/15/2024 | Third vesting date for 25% of RSUs. |
| 03/29/2024 | Date of signature on the amended form. |
| 06/15/2024 | Fourth vesting date for 25% of RSUs or earlier of the date of the next annual meeting. |
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