GLICKMAN TODD 4

What Happened
Todd Glickman, Senior VP, Chief Financial Officer & Treasurer of Navitas Semiconductor (NVTS), sold 98,152 shares on March 17, 2026 at $10.78 per share for total proceeds of $1,058,079. This was a sale (not a purchase), and the filing indicates it was to satisfy tax withholding tied to a compensatory award (commonly a "sell to cover" of vested restricted stock units).

Key Details

• Transaction date and price: 2026-03-17, 98,152 shares sold at $10.78 each.
• Total proceeds: $1,058,079.
• Transaction code: S (Sale). Described as open market or private sale.
• Shares owned after transaction: not disclosed in the information provided in this summary.
• Footnotes: (1) Sale made to satisfy tax withholding on vesting of a compensatory award; reporting person states they do not control timing or number of shares sold and intends to satisfy Rule 10b5‑1(c). (2) Reporting person affirms the reported sale price and offers to provide full trade details on request.
• Filing timeliness: Reported and filed on March 17, 2026 (same day), so not a late filing.

Context
"Sell to cover" transactions tied to tax withholding and executed under a 10b5‑1 plan are common for executives receiving equity compensation and do not necessarily indicate a change in sentiment about the company's prospects. Retail investors typically view outright purchases as more informative about insider conviction than routine withholding sales.