Ajay Marathe - 08 Oct 2025 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe
Issuer symbol
ENVX
Transactions as of
08 Oct 2025
Transactions value $
-$317,448
Form type
4
Filing time
09 Oct 2025, 17:13:05 UTC
Previous filing
06 Oct 2025
Next filing
15 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Marathe Ajay Chief Operating Officer C/O ENOVIX CORPORATION, 3501 W. WARREN AVENUE, FREMONT /s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe 09 Oct 2025 0001954760

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Tax liability -$75.5K -5.96K -0.58% $12.66 1.02M 08 Oct 2025 Direct F1, F2
transaction ENVX Common Stock Sale -$242K -18.6K -1.82% $13.00 1M 08 Oct 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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") on October 8, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 Includes 774,404 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person and 33,170 shares of vested performance RSUs ("PRSUs"), of which 50% will be released in on March 2, 2026 and the remaining 50% will be released on March 1, 2027. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F3 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025.