HENDRIX RICHARD J (Chief Executive Officer) sold 26.4% of their position (25K shares) of NAVITAS SEMICONDUCTOR CORP on the open market
Open‑market sale worth $159.8K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 6/10/2025ACC: 0001821769-25-000121
DirectorOfficer10% Owner· Chief Executive Officer
Since Dec 2020
-25K
Net shares
Net seller
$159.8K
Total sold
2
Open market trades
0B · 2S
2
Total transactions
25K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
−23.70K
Price / share
$6.39
Trade value
$151.44K
% of position
25.0%
5/28/2025
94.74K→71.04K
Class A Common Stock
Direct
Shares
−1.30K
Price / share
$6.40
Trade value
$8.32K
% of position
1.8%
5/28/2025
71.04K→69.74K
Total
Net shares
−25K
Net value
-$159.76K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 5/28/2025 | S · Sale | −23.70K | $6.39 | $151.44K | 25.0% | 94.74K | 71.04K |
| Class A Common Stock Direct | 5/28/2025 | S · Sale | −1.30K | $6.40 | $8.32K | 1.8% | 71.04K | 69.74K |
| Total | −25K | -$159.76K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)2
Class A Common Stock
IndirectShares owned1.26M
Class A Common Stock
IndirectShares owned176.71K
Total
1.44M indirect1.44M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 1.26M | Indirect |
| Class A Common Stock | 176.71K | Indirect |
| Total | 1.44M | 1.44M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported