Form 4: Thurman J. Rodgers Transfers Shares to Revocable Living Trust
SEC Form 4 Filing
Thurman J. Rodgers, a director and 10% owner of Enovix Corp, transferred 3,782 shares of common stock to a revocable living trust on September 26, 2024.
Summary
- On September 26, 2024, Thurman J. Rodgers transferred 3,782 shares of Enovix Corp common stock to the Rodgers Massey Revocable Living Trust.
- Rodgers is a trustee of the trust and has voting and dispositive power over the shares.
- Following the transaction, Rodgers directly owns 11,346 shares issuable upon the settlement of restricted stock units and indirectly owns 20,789,919 shares through various trusts.
- Rodgers also indirectly owns 900,000 shares through the Rodgers Family Freedom and Free Markets Charitable Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a change in the company's outlook or performance.
Related Party Transactions
- The transfer of shares to the Rodgers Massey Revocable Living Trust is a related party transaction.
Stakeholder Impact
- The transfer of shares is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 4/4/11 | Date of Rodgers Massey Revocable Living Trust |
| 09/26/2024 | Date of share transfer to the Rodgers Massey Revocable Living Trust |
| 09/30/2024 | Date of signature on the Form 4 filing |
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