Navitas (NVTS) Director Lee Davin Receives RSU Award — 9,990 Shares

What Happened

• Lee Davin, a director of Navitas Semiconductor Corp (NVTS), was granted 9,990 restricted stock units (RSUs) on July 22, 2026. The reported acquisition price is $0.00 (award/grant), so there was no immediate cash outlay. The RSUs will convert to one share of Class A common stock per RSU when they vest in full on June 25, 2027. This is a compensation award under the company’s non‑employee director program and the Navitas 2021 Equity Incentive Plan.

Key Details

• Transaction date: 2026-07-22; Report filed (Form 4) on 2026-08-26 — filing appears late relative to the 2‑business‑day requirement.
• Transaction type/code: Award/Grant (A); 9,990 RSUs granted at $0.00 reported value.
• Vesting: RSUs vest in full on June 25, 2027; each RSU equals one share upon vesting (see footnote F1).
• Shares owned after transaction: Not specified in this filing.
• Plan/footnote: Award made under the issuer’s non‑employee director compensation program and the 2021 Equity Incentive Plan (see F1).
• No 10b5‑1, tax‑withholding, or immediate sale information is indicated.

Context

• RSU grants are routine director compensation and do not represent an open‑market purchase or sale. They give the recipient the right to receive shares at vesting, so they do not necessarily signal a near‑term bullish or bearish market view. The late filing delays public disclosure, which reduces short‑term transparency for investors.