Wunderlich Gary Kent JR bought NVTS
May 18, 2026 · Form 4 insider transaction
Wunderlich Gary Kent JR bought 1,147,225 shares of Navitas Semiconductor Corporation, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 11 days after the transaction.
Footnotes
On May 18, 2026, Navitas Semiconductor Corporation (the "Company") entered into a Settlement, Release and Amendment Agreement, between the Company and Live Oak Sponsor Partners II, LLC ("Live Oak Sponsor"), pursuant to which the Company agreed to effectuate the transfer of an aggregate of 1,147,225 shares of the Company's common stock to Live Oak Sponsor in satisfaction of the Company's obligations under the Sponsor Letter Agreement Re: Business Combination, dated May 6, 2021 (as amended to date), between the Company and Live Oak Sponsor which, among other things, sets forth certain agreements between the Company and Live Oak Sponsor with respect to the vesting, forfeiture and transfer of earnout shares issuable in connection with the Company's business combination based on the achievement of certain price thresholds.; The Reporting Person is a managing member of Live Oak Sponsor. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.