Form 4: Enovix Corp Director Thurman J. Rodgers Reports Changes in Beneficial Ownership

Director Thurman J. Rodgers reports transactions involving Enovix Corp stock, including transfers to trusts, affecting both direct and indirect ownership.

Summary

• On January 3, 2024, Thurman J. Rodgers transferred 3,668 shares of Enovix Corp common stock to the Rodgers Massey Revocable Living Trust.
• The same day, 3,668 shares were acquired by the trust, increasing Rodgers' indirect ownership.
• On March 21, 2024, Rodgers transferred an additional 1,834 shares to the same trust.
• The trust also acquired 1,834 shares on March 21, 2024, further increasing Rodgers' indirect ownership.
• Following these transactions, Rodgers directly owns 1,834 shares and indirectly owns 20,784,303 shares through the Rodgers Massey Revocable Living Trust and 900,000 shares through the Rodgers Family Freedom and Free Markets Charitable Trust.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the corporate world. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.

Key Dates