Singh Ranbir 4
4 · Navitas Semiconductor Corp · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Navitas (NVTS) Director Singh Ranbir Sells 389,096 Shares
What Happened
Singh Ranbir, a director of Navitas Semiconductor Corp (NVTS), reported an open-market sale of 389,096 shares on February 26, 2026. The shares were sold in multiple trades at prices ranging from $9.50 to $9.59, for a weighted average price of $9.52 and total proceeds of approximately $3,704,155. This was a sale (S), which is often routine trading rather than an explicit signal about company prospects.
Key Details
- Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02). The filing date is within the SEC’s 2-business-day window, so the Form 4 appears timely.
- Price(s): $9.50–$9.59 per share; weighted average $9.52.
- Shares sold: 389,096; Proceeds: ~$3,704,155.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes:
- F1: Sale executed in multiple trades; reporting person will provide full per-trade details on request.
- F2: Reporting person is sole manager of SiCPower, LLC and may be deemed to have indirect beneficial ownership of securities held by SiCPower, LLC; the reporting person disclaims beneficial ownership for purposes of Section 16.
Context
Sales by directors can be routine (portfolio rebalancing, liquidity needs, or sales of holdings held by related entities) and do not by themselves indicate management’s view of the company’s prospects. Note the indirect-ownership disclosure through SiCPower, LLC — the reported position may reflect holdings of that entity rather than direct personal ownership.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-02-26$9.52/sh−389,096$3,704,155→ 0 total(indirect: By LLC)
Footnotes (2)
- [F1]The reported securities were sold in multiple trades at prices ranging from $9.5000 to $9.5900, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- [F2]The reporting person is the sole manager of SiCPower, LLC and may be deemed to have indirect beneficial ownership of the reported securities held by SiCPower, LLC. The reporting person disclaims beneficial ownership of the reported securities, for purposes of Section 16 of the Exchange Act or otherwise.