Ebrahimi Pegah 4
Research Summary
AI-generated summary
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.