LEE DAVIN 4
4 · Navitas Semiconductor Corp · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Navitas (NVTS) Director Lee Davin Receives 3,430 RSUs
What Happened
- Lee Davin, a director of Navitas Semiconductor Corp (NVTS), was granted 3,430 restricted stock units (RSUs) on 2026-04-30. The grant is reported at $0.00 per share (transaction code A — award/grant). No cash was exchanged at grant; the RSUs convert to common shares upon vesting.
Key Details
- Transaction date: 2026-04-30; filing date: 2026-05-04 (appears timely).
- Grant: 3,430 RSUs @ $0.00 reported price; total reported value $0.00 at grant.
- Vesting: RSUs are scheduled to vest in full on June 9, 2026; each vested RSU converts to one share of common stock.
- Tax handling: Shares may be delivered net of any withholding taxes or withholding may be satisfied via share withholding per company policy (footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
Context
- RSU grants are a common form of director compensation and do not involve an open‑market purchase or sale by the insider. The award itself is not an immediate buy/sell signal—shares will only be delivered (and potentially sold) after vesting and any tax withholding events.
Insider Transaction Report
Form 4
LEE DAVIN
Director
Transactions
- Award
Class A Common Stock
[F1]2026-04-30+3,430→ 3,430 total
Footnotes (1)
- [F1]Reflects grant of restricted stock units (RSUs) scheduled to vest in full on June 9, 2026. RSU vesting results in the delivery of one share of issuer common stock per vested RSU following the vesting date, before sales of settled shares (or, alternatively, the withholding of shares subject to settlement) in respect of withholding taxes incurred by the reporting person upon settlement, if applicable, and subject to the issuer's equity incentive plan and applicable policies.
Signature
/s/ Matthew Sant, attorney-in-fact|2026-05-04