Enovix Corp. reported an insider ownership change for Rajendra K. “Raj” Talluri on July 18, 2026, involving the company’s common stock. The Form 4 shows that 17,651 shares were withheld at a price of $4.72 per share, an aggregate value of about $83,313. The transaction was not described as an open-market sale. Instead, it was reported as a tax-withholding transaction, typically coded “F” on Form 4 filings, reflecting shares withheld by the issuer to satisfy tax obligations triggered by the vesting of restricted stock units, or RSUs. In other words, the share reduction was connected to equity compensation vesting rather than a discretionary sale by the insider. The filing’s explanatory notes state that Talluri’s reported holdings include 1,801,739 shares issuable upon the vesting and settlement of RSUs previously granted to him. The holdings also include performance restricted stock units, or PRSUs: 47,775 vested PRSUs scheduled for release in March 2027, plus 259,611 additional PRSUs, half of which are scheduled to be released in April 2027 and the remainder in April 2028. Each PRSU represents a contingent right to receive one share of Enovix common stock upon settlement. The filing was signed on July 21, 2026, by Arthi Chakravarthy as attorney-in-fact for Raj Talluri. The key takeaway is that the reported change reflects routine equity-compensation tax settlement tied to RSU vesting, while also providing detail on a substantial pipeline of RSUs and PRSUs that may convert into Enovix common shares over future vesting and release dates.