Marathe Ajay sold ENVX
October 2, 2025 · Form 4 insider transaction
Marathe Ajay sold 120,000 shares of Enovix Corporation at $12.01 per share, a transaction worth $1.44M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
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.; The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $12.00 to $12.06, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.; Includes 785,681 shares issuable upon the 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.