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Enovix (ENVX) CLO uses 3,337 shares to cover RSU tax withholding
Enovix Corp’s Chief Legal Officer, Arthi Chakravarthy, had 3,337 shares of common stock withheld at $4.97 per share to cover tax obligations related to the vesting of restricted stock units (RSUs). This was a tax withholding transaction, not an open-market sale. Following this transaction, Chakravarthy directly holds 451,645 shares, including those issuable from RSUs and performance restricted stock units (PRSUs) scheduled for future release.