secwatch.observer — SEC 8-K summary
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Issuer:     Enovix Corp (ENVX)
CIK:        0001828318
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001828318-25-000281
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enovix reappoints veteran semiconductor leader Dan McCranie to Board
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- Appointed J. Daniel 'Dan' McCranie to Board effective Aug 12, 2025; Board expands to 8 directors, 6 independent.
- McCranie previously served on Enovix Board (resigned Jan 2023); brings 30+ years semiconductor governance and ops experience.
- Compensation: $50k annual cash retainer, initial RSU grant of $275k vesting over 3 years, annual RSU of $195k prorated.
- Former Chairman of onsemi, Non-Executive Chairman of Freescale; currently SunPower director and EVP of Sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828318/000182831825000281/0001828318-25-000281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828318/000182831825000281/envx-20250812.htm
  HTML page:      https://secwatch.observer/filing/0001828318-25-000281

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer