Talluri Rajendra K 4

What Happened
Rajendra K. Talluri, President, CEO and a director of Enovix (ENVX), received a fully vested RSU award of 17,794 shares on May 29, 2026 (transaction code A). To satisfy tax withholding obligations related to that award, 9,422 shares were withheld/disposed at $7.98 per share, totaling $75,188 (transaction code F). Net shares delivered to Mr. Talluri from this grant were 8,372 shares (17,794 awarded minus 9,422 withheld).

Key Details

• Transaction date: May 29, 2026 (Form 4 filed June 2, 2026 — timely under the two-business-day rule).
• Award: 17,794 RSUs issued to Mr. Talluri (code A) as a bonus for the quarter ended April 5, 2026 (footnote F1).
• Tax withholding: 9,422 shares withheld/disposed at $7.98/share to satisfy $75,188 in tax obligations (code F; footnote F3).
• Net shares received: 8,372 shares.
• Reported holdings/contingent awards (footnote F2): includes 1,997,944 shares issuable upon vesting of RSUs, plus 47,775 vested PRSUs (to be released March 2027) and 259,611 PRSUs with staggered release in April 2027 and April 2028.
• No indication this was an open-market sale — the share disposition was solely for tax withholding.

Context
This was a standard equity award vesting and tax-withholding event, not a discretionary sale or purchase. RSU grants and subsequent withholding to cover taxes are common and generally reflect compensation settlement rather than a change in insider sentiment.