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Navitas (NVTS) CFO logs stock grant and automated tax-cover sale
Navitas Semiconductor Corp’s CFO, Todd Glickman, reported receiving a grant of 32,636 shares and subsequently selling 12,532 shares at a weighted average price of $9.82. These sales were conducted to cover tax withholding obligations associated with the vesting of a compensatory award under a Rule 10b5-1© plan, with the CFO having no control over the timing or number of shares sold. After these transactions, Glickman directly holds 833,383 shares of Navitas Class A common stock.