LEE DAVIN 4

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.