Navitas (NVTS) Director Gregory Fischer Receives RSU Award

What Happened

• Gregory Michael Fischer, a director of Navitas Semiconductor Corp (NVTS), was granted 9,990 restricted stock units (RSUs) on July 22, 2026. The Form 4 reports the grant as an award (code A) at $0.00 per share (standard for RSU grants); the RSUs convert to one share each upon vesting. The RSUs will vest in full on June 25, 2027 under the issuer’s non‑employee director compensation program and the 2021 Equity Incentive Plan.

Key Details

• Transaction date: 2026-07-22 (Grant of 9,990 RSUs; reported price $0.00; reported value $0)
• Vesting: RSUs vest in full on June 25, 2027 (see footnote F1)
• Plan: Issued under Navitas’ non‑employee director compensation program and the 2021 Equity Incentive Plan
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Report filed 2026-08-26 (appears late versus the usual two-business-day Form 4 deadline)

Context

• RSU grants are standard director compensation and represent a right to receive shares at vesting; they are not an open‑market purchase or sale. Because this is an award (not a purchase), it does not reflect an immediate cash outlay or sale by the director. The late filing may be an administrative issue; it does not change the nature of the grant but can be relevant for compliance monitoring.