July 28, 2025 · Form 4 insider transaction
Singh Ranbir bought 18,645,603 shares of NAVITAS SEMICONDUCTOR CORP at $8.79 per share, a transaction worth $163.89M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
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.