Benton Ryan A 4

What Happened Benton Ryan A, Chief Financial Officer of Enovix Corp (ENVX), was granted 249,003 restricted stock units (RSUs) effective April 1, 2026. The award was reported as an acquisition at $0.00 (typical for RSU grants—no cash paid). Footnote information indicates 997,755 shares are issuable upon vesting/settlement of RSUs granted to the reporting person.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-07 (accession 0001564606-26-000002).
• Transaction type/code: A = Award/Grant. Reported price: $0.00. Shares granted: 249,003 RSUs.
• Vesting: RSUs vest in 12 equal quarterly installments beginning April 1, 2026, subject to continuous service (F1).
• Footnote: F2 states 997,755 shares issuable upon vesting/settlement of RSUs granted to the reporting person.
• Shares owned after transaction: not specified in the provided filing.
• Timeliness: No late-filing indicator provided in the supplied data.

Context RSUs are a form of equity compensation that convert into company shares as they vest; they do not involve an open-market purchase or immediate sale. Such grants are common for executive compensation and reflect potential future ownership rather than an immediate cash outlay or market trade.