Form 4: Navitas CFO Sells Shares for Tax Withholding

Navitas Semiconductor's CFO, Todd Glickman, disposed of 3,882 shares of Class A Common Stock to cover tax obligations related to vested restricted stock units.

Summary

• Todd Glickman, Sr. V.P., CFO & Treasurer of Navitas Semiconductor Corp., reported a transaction on August 21, 2025.
• The transaction involved the disposition of 3,882 shares of Class A Common Stock.
• These shares were withheld to cover tax obligations upon the settlement of vested Restricted Stock Units (RSUs).
• The price used for determining the number of shares withheld for taxes was $6.25 per share.
• Following this transaction, Mr. Glickman beneficially owns 987,581 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event, representing a routine tax-related transaction for vested equity compensation, not a discretionary sale or a significant change in beneficial ownership that would indicate strong positive or negative sentiment.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related sale of a small portion of the executive's holdings.

Key Dates

Recommendation

The filing details a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the settlement of vested Restricted Stock Units. This type of transaction is common and does not reflect a change in the executive's confidence in the company or its future prospects. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Navitas Semiconductor, NVTS, Todd Glickman, CFO, Form 4, Insider Transaction, Stock Sale, RSU, Tax Withholding