Filing Details
- Accession Number:
- 0001821769-25-000012
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-28 20:14:25
- Reporting Period:
- 2025-02-26
- Filing Date:
- 2025-02-28
- Accepted Time:
- 2025-02-28 20:14:25
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1821769 | Navitas Semiconductor Corp | NVTS | Semiconductors & Related Devices (3674) | 852560226 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1888289 | Todd Glickman | C/O Navitas Semiconductor Corporation 3520 Challenger Street Torrance CA 90503-1640 | Sr. V.p., Cfo & Treasurer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2025-02-26 | 13,644 | $2.59 | 684,497 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Footnotes
- Reflects sales made pursuant to the issuer's policy requiring "sales to cover" of the minimum number of shares as are necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award, including restricted stock units, and intending to satisfy the requirements of Rule 10b5-1(c) under the Securities Exchange Act of 1934. The reporting person does not exercise control over the timing of such sales or the number of shares sold.
- Consists of (i) 617,285 shares of common stock and (ii) 67,212 shares of common stock underlying unvested restricted stock units ("RSUs") scheduled to vest through January 20, 2028 subject to the reporting person's continued employment on the applicable vesting date, or earlier upon certain events. RSU vesting results in the delivery of one share of common stock per vested RSU following the vesting date, before sales of settled shares to cover withholding taxes incurred by the reporting person upon settlement, if applicable, and subject to the issuer's equity incentive plan and applicable policies.