Malchow Joseph Ian 4

What Happened

• Joseph Ian Malchow, a director of Enovix Corp (ENVX), was granted 29,104 restricted stock units (RSUs) on June 11, 2026. The Form 4 reports the acquisition as an award at a reported price of $0.00 (i.e., an equity grant rather than a cash purchase).
• Each RSU represents a contingent right to one share of Enovix common stock and will vest in four equal installments (25% each) on Sept 11, 2026; Dec 11, 2026; Mar 11, 2027; and the earlier of June 11, 2027 or the Issuer's 2027 annual meeting date, subject to continued service.

Key Details

• Transaction date and type: 2026-06-11 — Award/Grant of 29,104 RSUs (reported acquisition price $0.00).
• Filing: Form 4 filed 2026-06-15 (timely within SEC Form 4 reporting window).
• Vesting: 25% vests on each of the dates listed above; final vesting may occur earlier if tied to the 2027 annual meeting as described.
• Other footnotes: Filing notes 30,766 shares issuable upon settlement of RSUs (footnote F2). Ownership references also include shares held jointly with spouse (JTWROS) and shares held by a minor child (footnotes F3, F4).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• RSU grants are common compensation for executives and directors and reflect future equity compensation rather than an immediate market purchase or sale. The reported $0.00 price indicates these were issued as an award; value to the holder will depend on Enovix's future stock price and satisfaction of vesting conditions.
• No sale, exercise, 10b5-1 plan, or tax-withholding disposition is indicated in the disclosed transaction.