Truong Kristina 4

What Happened
Kristina Truong, Chief Accounting Officer of Enovix (ENVX), had 241 shares of the issuer’s common stock disposed on March 10, 2026 as part of a tax-withholding transaction tied to the vesting/settlement of restricted stock units (RSUs). The shares were disposed at $4.94 per share for a total of $1,191. This was a withholding to satisfy tax obligations (code F), not an open-market sale driven by investment intent.

Key Details

• Transaction date and price: March 10, 2026 — 241 shares withheld at $4.94 each (total $1,191).
• Transaction code: F (shares withheld to satisfy tax withholding obligations).
• Shares owned after transaction: the filing does not state a single post-transaction common-share total, but footnote F2 indicates contingent/issued holdings that include 136,759 shares issuable upon RSU vesting plus 37,767 performance RSUs (2,489 vested PRSUs to be released Mar 2027 and 35,278 PRSUs released 50% Apr 2027 / 50% Apr 2028) — a total of 174,526 contingent shares referenced.
• Footnotes: F1 confirms shares were withheld to cover taxes on vested RSUs; F2 details the breakdown and timing of RSUs and PRSUs.
• Filing timeliness: Reported period is 2026-03-10 and filed 2026-03-12 — appears to be filed within the standard Form 4 reporting window.

Context
Tax-withholding disposals are routine when RSUs vest and do not necessarily indicate the insider is reducing their economic exposure or expressing a view on the stock. PRSUs noted in the filing are contingent performance awards that will convert to shares only if performance/service conditions and release schedules are met.