Form 4: Enovix Corp Executive Kristina Truong Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Kristina Truong, Chief Accounting Officer of Enovix Corp, reports the withholding of 252 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On May 10, 2025, Kristina Truong, the Chief Accounting Officer of Enovix Corp, had 252 shares of common stock withheld to satisfy tax obligations.
- This withholding was related to the vesting of restricted stock units (RSUs).
- The price per share for the transaction was $6.58.
- Following the transaction, Truong beneficially owns 212,645 shares of Enovix Corp, which includes 188,892 shares issuable upon the settlement of RSUs.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/10/2025 | Date of the transaction (share withholding for tax obligations). |
| 05/12/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Enovix Corp, Kristina Truong, Chief Accounting Officer, Form 4, Share Withholding, Restricted Stock Units, Tax Obligations, Beneficial Ownership
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