Benton Ryan A 4

What Happened

• Ryan A. Benton, Chief Financial Officer of Enovix Corp (ENVX), had 79,725 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $6.36 each, for a total of approximately $507,051. This was a tax-withholding/share-surrender transaction (not an open-market sale).

Key Details

• Transaction date: 2026-04-14; Filing date: 2026-04-16 (timely)
• Transaction type/code: Tax withholding/share disposition (F)
• Shares withheld/disposed: 79,725 at $6.36 each; total ≈ $507,051
• Holdings disclosed: Filing notes 848,005 shares issuable upon vesting and settlement of RSUs for the reporting person (per footnote)
• Footnotes: F1 = withholding of shares to satisfy tax obligations on RSU vesting; F2 = number of RSUs remaining issuable
• Filing timeliness: Not reported as late

Context

• This is a routine cashless tax-withholding of shares to cover tax liabilities from vested RSUs — common for executives and not the same as an open-market sale. Such transactions reduce the insider's outstanding shares but do not necessarily signal a change in investment conviction.