NVTS Navitas Semiconductor Corp
Price Chart
Executive Summary
Director Richard Hendrix filed a Form 144 to sell 33,649 shares of Navitas Semiconductor Corp common stock, with an estimated aggregate market value of approximately $998,039. The shares were acquired through restricted stock grants from 2022, 2024, and 2025, and the sale is planned via Morgan Stanley. As a director filing an intent to sell a moderately sized position relative to the issuer's $7.4B market cap, the notice is mildly bearish given the insider's governance role, but the dollar amount is small and the filing lacks additional context such as a CEO or CFO sale or proximity to earnings.
Actionable Insight
This is a small director sale relative to market cap, but the timing and the fact the insider is a director warrants monitoring for any acceleration of insider sales or Form 4 filings. If other executives file similar notices in the coming weeks, it could signal reduced confidence; otherwise, treat this as a routine portfolio diversification event.
Key Facts
- Richard Hendrix, a Director of Navitas Semiconductor, filed Form 144 on May 27, 2026 to sell 33,649 shares.
- Estimated aggregate market value of the proposed sale is $998,039.43.
- Shares were acquired from restricted stock grants on 11/11/2022 (7,168 shares), 06/07/2024 (15,021 shares), and 06/04/2025 (11,460 shares).
- The sale is proposed to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.
Financial Impact
Proposed sale of 33,649 shares valued at ~$998K, which is ~0.01% of Navitas' $7.4B market cap.
Risk Factors
- Director selling could be perceived as a lack of confidence if followed by additional insider sales.
- No specific risk of material dilution given the small share count relative to outstanding shares.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-005134 |
| Document: 0001950047-26-005134-index.html | 0001950047-26-005134 |
| Document: 0001950047-26-005134.txt | 0001950047-26-005134 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 15, 2026
5d ago
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8-K
| $22.09 $22.34 | ▲ +1.13% | ▲ +2.38% | $24.02 (+8.74%) |
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Jun 11, 2026
9d ago
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Institutional Cluster
| $22.21 $23.39 | ▲ +5.31% | ▲ +4.77% | $24.02 (+8.15%) |
|
Jun 8, 2026
12d ago
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S-3ASR
| $24.48 $22.85 | ▲ +6.66% | ▲ +6.36% | $24.02 (+1.88%) |
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Jun 3, 2026
17d ago
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Press Release
| $30.84 $30.67 | ▼ −0.55% | ▼ −0.95% | $24.02 (−22.11%) |
|
May 29, 2026
22d ago
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Insider Cluster
| $24.86 $25.86 | ▼ −4.02% | ▼ −3.87% | $24.02 (+3.38%) |
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May 28, 2026
23d ago
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144
| $26.60 $24.86 | ▼ −6.54% | ▼ −6.82% | $24.02 (−9.70%) |
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May 28, 2026
23d ago
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144
| $28.51 $26.60 | ▼ −6.70% | ▼ −6.94% | $24.02 (−15.75%) |
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May 27, 2026
24d ago
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144
| $28.51 $26.60 | ▲ +6.70% | ▲ +6.94% | $24.02 (+15.75%) |
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May 22, 2026
29d ago
|
8-K
| $31.79 $28.88 | ▼ −9.15% | ▼ −9.17% | $24.02 (−24.44%) |
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May 22, 2026
29d ago
|
8-K
| $31.79 $29.89 | ▼ −5.98% | ▼ −5.93% | $24.02 (−24.44%) |
US Market Status
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