Singh Ranbir sold NVTS
July 28, 2025 · Form 4 insider transaction
Singh Ranbir sold 18,645,603 shares of Navitas Semiconductor Corporation at $8.79 per share, a transaction worth $163.89M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Reflects an estate-planning transaction whereby the reported shares were sold to the reporting person by SiCPower, LLC, a Delaware limited liability company ("SiCPower") of which the sole member is an irrevocable trust for which the reporting person acted as grantor, in exchange for the cancellation of certain promissory notes of SiCPower held by the reporting person.; The reporting person is the sole manager of SiCPower and may be deemed to have indirect beneficial ownership of the reported securities held by SiCPower. The reporting person disclaims beneficial ownership of the reported securities for purposes of Rule 16a-1(a)(2) under Section 16 of the Exchange Act.