ATKINS BETSY S 4
4 · Enovix Corp · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Enovix (ENVX) Director Betsy S. Atkins Receives 29,104 RSUs
What Happened Betsy S. Atkins, a director of Enovix Corp (ENVX), was granted 29,104 restricted stock units (RSUs) on June 11, 2026. The RSUs were granted at $0.00 per unit (no cash paid) and represent a contingent right to receive one share of Enovix common stock per RSU if vesting conditions are met. This is an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; Form 4 filed 2026-06-15 (timely filed within required two business days).
- Grant: 29,104 RSUs; reported acquisition price $0.00 per unit.
- Vesting: 25% of the RSUs vest on each of Sep 11, 2026; Dec 11, 2026; Mar 11, 2027; and the earlier of Jun 11, 2027 or the date of the 2027 annual meeting (subject to continued service).
- Footnotes: F1 describes the RSU vesting schedule and service condition; F2 confirms the 29,104 shares are issuable upon settlement of the RSUs.
- Shares owned after transaction: the filing reports the RSUs granted but does not state total shares owned following the grant.
Context RSUs are a form of equity compensation that convert into shares only after vesting and settlement; they do not represent immediately tradable shares. Such director grants are common as part of routine compensation and do not, by themselves, indicate the director is buying or selling stock for market-view reasons.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-11+29,104→ 151,144 total
Footnotes (2)
- [F1]1. Reflects shares issuable on the settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs will vest on each of September 11, 2026, December 11, 2026, March 11, 2027 and the earlier of (i) June 11, 2027; or (ii) the date of the Issuer's 2027 annual meeting of stockholders (or the date immediately preceding such date if the Reporting Person's service as a director ends at such meeting due to the director's failure to be re-elected or not standing for re-election), subject to the Reporting Person's continuous service through each applicable vesting date.
- [F2]Includes 29,104 shares issuable upon the settlement of RSUs granted to the Reporting Person.