August 6, 2025 · Form 4 insider transaction
HENDRIX RICHARD J bought 22,048 shares of NAVITAS SEMICONDUCTOR CORP at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Reflects shares underlying an annual award of restricted stock units ("RSUs") granted for the 2025-2026 board term under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan (the "Plan"). Each RSU represents the reporting person's right to receive one share of Class A Common Stock of the issuer following the vesting date in accordance with the Plan and subject to applicable issuer policies. The RSUs will vest in full immediately before the issuer's 2026 annual stockholders' meeting, subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2025 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date).