Form 4 for NVTS Navitas Semiconductor Corp
Accepted 2026-05-29 16:16:39 ET · period of report 2026-05-18 · accession 0001104659-26-068281 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2026-05-29 16:16 | 2026-05-18 | NVTS | Wunderlich Gary Kent JR | Dir | J - Other | — | +1.15M | 2.41M | +91% | — |
| I | 2026-05-29 16:16 | 2026-05-28 | NVTS | Wunderlich Gary Kent JR | Dir | S - Sale | $28.14 | -35.2K | 2.38M | -1% | -$989.5K |
| 2026-05-29 16:16 | 2026-05-28 | NVTS | Wunderlich Gary Kent JR | Dir | S - Sale | $28.11 | -73.0K | 14.0K | -84% | -$2.05M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2026-05-18 | J | A | 1,147,225 | — | 2,410,225 | I Live Oak Sponsor Partners II, LLC | — | — | (F1) On May 18, 2026, Navitas Semiconductor Corporation (the "Company") entered into a Settlement, Release and Amendment Agreement, between the Company and Live Oak Sponsor Partners II, LLC ("Live Oak Sponsor"), pursuant to which the Company agreed to effectuate the transfer of an aggregate of 1,147,225 shares of the Company's common stock to Live Oak Sponsor in satisfaction of the Company's obligations under the Sponsor Letter Agreement Re: Business Combination, dated May 6, 2021 (as amended to date), between the Company and Live Oak Sponsor which, among other things, sets forth certain agreements between the Company and Live Oak Sponsor with respect to the vesting, forfeiture and transfer of earnout shares issuable in connection with the Company's business combination based on the achievement of certain price thresholds. (F1) On May 18, 2026, Navitas Semiconductor Corporation (the "Company") entered into a Settlement, Release and Amendment Agreement, between the Company and Live Oak Sponsor Partners II, LLC ("Live Oak Sponsor"), pursuant to which the Company agreed to effectuate the transfer of an aggregate of 1,147,225 shares of the Company's common stock to Live Oak Sponsor in satisfaction of the Company's obligations under the Sponsor Letter Agreement Re: Business Combination, dated May 6, 2021 (as amended to date), between the Company and Live Oak Sponsor which, among other things, sets forth certain agreements between the Company and Live Oak Sponsor with respect to the vesting, forfeiture and transfer of earnout shares issuable in connection with the Company's business combination based on the achievement of certain price thresholds. (F2) The Reporting Person is a managing member of Live Oak Sponsor. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2026-05-28 | S | D | 35,165 | $28.14 | 2,375,060 | I Live Oak Sponsor Partners II, LLC | — | — | (F3) The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $28.10 to $28.18, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence. (F2) The Reporting Person is a managing member of Live Oak Sponsor. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 3 | Common | Class A Common Stock | 2026-05-28 | S | D | 73,000 | $28.11 | 13,964 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $28.10 to $28.17, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence. |