Enovix Corp·4

Jun 15, 9:31 PM ET

Ebrahimi Pegah 4

Research Summary

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Enovix (ENVX) Director Pegah Ebrahimi Receives 29,104 RSU Award

What Happened

  • Pegah Ebrahimi, a director of Enovix Corp (ENVX), received a grant of 29,104 restricted stock units (RSUs) on 2026-06-11. The grant price shown is $0.00, so the immediate cash value reported is $0. These RSUs are a form of equity compensation and are not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-11 (Grant/Award, code A)
  • Price: $0.00 per RSU; total reported cash value $0
  • Vesting: 25% of the RSUs vest on each of Sep 11, 2026; Dec 11, 2026; Mar 11, 2027; and the earlier of Jun 11, 2027 or the issuer’s 2027 annual meeting (subject to continuous service) (see footnote F1)
  • Shares reported as issuable: Includes 29,104 shares issuable upon settlement of the RSUs (footnote F2)
  • Shares owned after transaction: Not specified in the provided excerpt; filing notes the 29,104 RSUs are issuable upon settlement
  • Filing timeliness: Report filed 2026-06-15 for a 2026-06-11 transaction (timely under Form 4 rules)

Context

  • RSU grants are compensation for service (common for directors) and represent a contingent right to receive shares if vesting conditions are met; they do not represent an immediate market buy or sell. This filing documents the award but does not by itself indicate the director’s market sentiment.