Form 4: Enovix Corp Executive Kristina Truong Reports Share Withholding for Tax Obligations

Kristina Truong, Chief Accounting Officer of Enovix Corp, reports withholding of 1,676 shares to cover tax obligations related to vesting restricted stock units.

Summary

• On April 8, 2025, Kristina Truong, Chief Accounting Officer of Enovix Corp, had 1,676 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
• The shares were withheld at a price of $5.46 per share.
• Following the transaction, Truong beneficially owns 214,162 shares of Enovix Corp, which includes 191,759 shares issuable upon the settlement of RSUs.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard tax withholding procedures, so the sentiment is neither positive nor negative.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of employee stock compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it relates to tax obligations from vested RSUs.

Key Dates

Keywords

Form 4, Enovix Corp, ENVX, Kristina Truong, Chief Accounting Officer, Share Withholding, Restricted Stock Units, RSUs, Beneficial Ownership, Tax Obligations