Talluri Rajendra K 4

4 · Enovix Corp · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 6, 2026

Enovix (ENVX) CEO Rajendra Talluri Withholds 46,333 Shares

What Happened

Rajendra K. Talluri, President, CEO and a director of Enovix Corp (ENVX), had a total of 46,333 shares of Enovix common stock withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withheld lots were 15,568 shares at $5.85 each (≈ $91,073) and 30,765 shares at $5.85 each (≈ $179,975), totaling about $271,048.
This was a tax-withholding disposition (routine cashless withholding on RSU vesting), not an open-market sale or a purchase — a common administrative step when equity awards vest.

Key Details

Transaction date: July 1, 2026. Form filed: July 6, 2026 (Period of Report: 2026-07-01).
Prices: $5.85 per share for both withholding lots.
Total shares withheld/disposed: 46,333; total value withheld ≈ $271,048.
Shares/awards referenced in footnotes:
- F1: Withholding of shares to satisfy tax obligations on RSU vesting.
- F2: Reporting includes 1,927,089 shares issuable upon RSU vesting to the reporting person, plus 47,775 vested PRSUs (to be released March 2027) and an aggregate 259,611 PRSUs (half to be released April 2027, half April 2028).
- F3: Reporting alternatively notes 1,868,988 shares issuable upon RSU vesting, plus the Earned PRSUs noted above.
Filing status: No late-filing flag provided in the filing summary.

Context

These transactions were tax withholdings associated with RSU vesting (coded "F"), effectively a cashless settlement method: the company retains a portion of the vested shares to cover taxes rather than the insider selling shares on the open market.
Such withholdings are routine and do not, by themselves, indicate the insider is buying or selling shares for investment purposes.

Form 4

Period: 2026-07-01

DirectorPresident and CEO

Transactions

Tax Payment
Common Stock
[F1][F2]
2026-07-01$5.85/sh−15,568$91,073→ 3,029,048 total
Tax Payment
Common Stock
[F1][F3]
2026-07-01$5.85/sh−30,765$179,975→ 2,998,283 total

Footnotes (3)

[F1]Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
[F2]Includes 1,927,089 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 47,775 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 259,611 PRSUs, 50% of which will be released in April 2027, with the remainder to be released in April 2028 (the foregoing PRSUs collectively referred to as the "Earned PRSUs"). Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
[F3]Includes 1,868,988 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.

Signature

/s/ Arthi Chakravarthy, Attorney-in-Fact for Raj Talluri|2026-07-06

1 file