Fischer Gregory Michael 4

What Happened
Gregory Michael Fischer, a director of Navitas Semiconductor Corp (NVTS), received a grant of 4,839 restricted stock units (RSUs) on April 28, 2026. The RSUs were granted at $0.00 (no cash purchase) and are scheduled to vest in full on June 9, 2026; each vested RSU converts into one share of common stock subject to withholding for taxes.

Key Details

• Transaction date: 2026-04-28 (reported on Form 4 filed 2026-04-30).
• Transaction type/code: Award / Acquisition (A). Price: $0.00; quantity: 4,839 RSUs.
• Vesting: RSUs vest in full on June 9, 2026; each vested RSU will deliver one share of common stock (tax withholding may reduce delivered shares).
• Shares owned after transaction: not specified in the Form 4 filing.
• Timeliness: Form 4 was filed two days after the transaction (appears timely under SEC Rule 16b-3 timing requirements).

Context
This was a compensatory equity grant to a director, not an open-market purchase or sale. Grants like RSUs are common part of director compensation and do not by themselves indicate immediate buying or selling intent. Upon vesting, the RSUs convert to shares (subject to tax withholding) and may then be held or sold according to the director’s decisions and any company policies.