Truong Kristina 4

What Happened
Kristina Truong, Chief Accounting Officer of Enovix (ENVX), had 1,116 shares of company stock withheld on Feb 13, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding was recorded at $5.92 per share for a total value of $6,607. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: Feb 13, 2026 — 1,116 shares withheld at $5.92/share (total $6,607).
• Filing date: Form 4 filed Feb 18, 2026 (covers the Feb 13 transaction).
• Shares owned after transaction: the filing notes beneficial ownership that includes RSU/PRSU holdings — specifically 139,724 shares issuable upon RSU vesting and 4,978 vested PRSUs (see footnote). The filing does not present an isolated post-transaction common-share total beyond those disclosures.
• Footnotes: F1 = withholding of shares to satisfy tax obligations on RSU vesting. F2 = breakdown of equity awards: 139,724 shares issuable on RSU vesting and 4,978 vested performance RSUs, of which 50% are scheduled to be released on March 2, 2026 and the remaining 50% on March 1, 2027.
• Transaction code: F (tax withholding) — routine for vested equity; not a purchase (P) or sale (S) that signals market stance.

Context
Withholding shares to pay taxes is a common, administrative action when RSUs vest and generally does not reflect an executive choosing to sell shares. For investors, purchases are typically more informative of insider confidence; withholding for taxes is neutral and simply reduces the reported share count by the withheld amount.