HENDRIX RICHARD J 4
4 · Navitas Semiconductor Corp · Filed Jun 10, 2025
Insider Transaction Report
Form 4
HENDRIX RICHARD J
Director
Transactions
- Sale
Class A Common Stock
2025-05-28$6.40/sh−1,300$8,320→ 69,739 total - Sale
Class A Common Stock
2025-05-28$6.39/sh−23,700$151,443→ 71,039 total
Holdings
- 176,709(indirect: By LLC)
Class A Common Stock
- 1,263,000(indirect: By LLC)
Class A Common Stock
Footnotes (2)
- [F1]Consists of (i) 38,279 shares of common stock held directly and (ii) 31,460 shares underlying unvested restricted stock units ("RSUs") subject to vesting on the date of the issuer's 2025 annual stockholders' meeting. RSU vesting is subject to the reporting person's continued service on the issuer's board of directors on the vesting date. RSUs are granted under the issuer's non-employee director compensation program and 2021 Equity Incentive Plan (the "Plan"), and represent the reporting person's right to receive one share of Class A Common Stock following the vesting date in accordance with the Plan and subject to applicable issuer policies.
- [F2]The reporting person is a managing member of Live Oak Sponsor. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.