Michael Vyvoda, Chief Operating Officer of Enovix Corp (NASDAQ: ENVX), filed a Form 4 on August 7, 2026, reporting three transactions in Enovix common stock dated August 5, 2026, including a large RSU grant, a fully vested RSU settlement, and a tax-related share withholding.

Key Highlights

  • New RSU grant: Vyvoda was granted 932,400 restricted stock units, each representing a contingent right to receive one share of Enovix common stock, at a price of $0.
  • Vesting schedule: 25% of the 932,400 RSUs vest on the one-year anniversary of the August 5, 2026 vesting commencement date, with the remainder vesting in 12 equal quarterly installments thereafter.
  • Immediate settlement: 23,310 shares were issued to Vyvoda upon settlement of a fully vested RSU award on August 5, 2026, at $0 cost.
  • Tax withholding: 13,579 shares were withheld to satisfy tax obligations in connection with the immediate RSU vesting, at a price of $4.29 per share.
  • Resulting ownership: Following all reported transactions, Vyvoda directly beneficially owns 942,131 shares, including 932,400 shares issuable upon settlement of the newly granted RSUs.

Enovix COO RSU Activity: Grant, Settlement, and Tax Withholding on August 5, 2026

According to the Form 4 filed with the SEC on August 7, 2026, by Arthi Chakravarthy as attorney-in-fact for Michael Vyvoda, three transactions in Enovix Corp common stock were reported with a transaction date of August 5, 2026. Vyvoda serves as Chief Operating Officer of Enovix Corp, which trades on NASDAQ under the ticker ENVX.

The filing discloses that Vyvoda acquired 932,400 RSUs (transaction code A) at a price of $0. The filing states that "each RSU represents a contingent right to receive one share of the Issuer's common stock," and that 25% will vest on the one-year anniversary of the August 5, 2026 vesting commencement date, with the remaining balance vesting in 12 equal quarterly installments each quarter thereafter, subject to continuous service through each applicable vesting date. Separately, 23,310 shares were issued to Vyvoda upon the settlement of a fully vested RSU award on the same date, also at $0.

Also on August 5, 2026, 13,579 shares were disposed of (transaction code F) at $4.29 per share, which the filing describes as reflecting "the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the immediate vesting of RSUs." Following all three transactions, the filing reports that Vyvoda directly and beneficially owns 942,131 shares, a figure that, according to the filing, includes the 932,400 shares issuable upon settlement of the newly granted RSUs.

What Was Disclosed

The Form 4 reports an RSU grant of 932,400 units, settlement of a fully vested award of 23,310 shares, and a tax-withholding disposal of 13,579 shares at $4.29, leaving Vyvoda with direct beneficial ownership of 942,131 shares as of August 5, 2026.