Filing Details
- Accession Number:
- 0001821769-25-000070
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-09 18:06:44
- Reporting Period:
- 2025-03-17
- Filing Date:
- 2025-05-09
- Accepted Time:
- 2025-05-09 18:06:44
- 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 |
---|---|---|---|---|---|---|---|
1943408 | Ranbir Singh | C/O Navitas Semiconductor Corporation 3520 Challenger Street Torrance CA 90503-1640 | Yes | No | Yes | 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 | Acquisiton | 2025-03-17 | 24,158 | $0.00 | 197,911 | No | 4 | A | Direct | |
Class A Common Stock | Disposition | 2025-03-18 | 4,400 | $2.55 | 193,511 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 24,883,161 | Indirect | SiCPower, LLC |
Footnotes
- Reflects grant of fully vested restricted stock units under the issuer's annual bonus program applicable to employees of the company during 2024. The reporting person was previously an executive officer of the issuer and was employed by an affiliate of the issuer for a portion of 2024 corresponding to this award.
- 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, as amended. The reporting person does not exercise control over the timing of such sales or the number of shares sold.
- The reported securities were sold in multiple trades at prices ranging from $2.5000 to $2.5500, inclusive. The price reported above reflects the weighted-average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- The reporting person is the sole manager of SiCPower, LLC and may be deemed to have indirect beneficial ownership of the reported securities held by SiCPower, LLC. The reporting person disclaims beneficial ownership of the reported securities for purposes of Rule 16a-1(a)(2) under Section 16 of the Securities Exchange Act of 1934, as amended.