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
  1. 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.
  2. 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.
  3. 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.
  4. 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.