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Navitas Semiconductor appointed Chris Allexandre as President, CEO and Class I director effective September 1, 2025. The Board named Mr. Allexandre to a term expiring at the 2028 annual meeting and he succeeds founder Gene Sheridan, who will step down August 31, 2025. The filing states Mr. Sheridan's departure is not due to any disagreement with the Company.

The Company and Mr. Allexandre executed an employment agreement dated August 22, 2025, providing a $520,000 base salary, a target annual bonus equal to 120% of base salary, a recruitment award of 800,000 RSUs vesting in equal installments in August 2027, 2028 and 2029, and a 2026 PSU award with an expected grant-date value of $2,500,000. Annual equity awards beginning in 2027 are expected to aggregate $2,500,000 in value, split 50/50 time-based and performance-based, subject to Board approval. The Company will pay Mr. Sheridan $2,400,000 in transition payments over 12 months. The filing also furnishes a press release and reconfirms prior Q3 2025 guidance as previously issued.

Navitas Semiconductor director Cristiano Amoruso reported awards totaling 24,634 restricted stock units (RSUs) of Class A common stock, recorded as direct beneficial ownership. An annual award of 22,048 RSUs was granted for the 2025鈥�2026 board term under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan; those RSUs will vest in full immediately before the issuer's 2026 annual stockholders' meeting, subject to the reporting person's continued service or, if timing differs, one year after the grant. A separate grant of 2,586 RSUs for the 2024鈥�2025 term was fully vested upon grant. All reported RSUs have an acquisition price of $0.

Navitas Semiconductor (NVTS) Director Richard J. Hendrix was granted 22,048 restricted stock units (RSUs) on 08/06/2025 under the company鈥檚 2021 Equity Incentive Plan as the annual non-employee director award for the 2025-2026 board term. Each RSU represents the right to receive one share of Class A Common Stock and will vest in full immediately before the issuer鈥檚 2026 annual stockholders鈥� meeting, subject to the reporting person鈥檚 continued service and timing conditions described in the plan.

The Form 4 shows the reporting person beneficially owns 67,504 shares following the reported transaction. The filing also discloses indirect holdings of 1,263,000 shares by Live Oak Sponsor Partners II, LLC and 176,709 shares by RJH Management Co., LLC; the reporting person disclaims beneficial ownership of the Live Oak Sponsor shares except to the extent of his pecuniary interest. The form was signed by attorney-in-fact Paul D. Delva on 08/08/2025.

Brian Long, a director of Navitas Semiconductor Corp (NVTS), was granted an annual non-employee director award of 22,048 restricted stock units (RSUs) on 08/06/2025 under the company鈥檚 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Class A common stock upon vesting. The RSUs will vest in full immediately before the issuer鈥檚 2026 annual stockholders鈥� meeting if Long continues to serve as a director and the meeting occurs within 30 days of the first anniversary of the 2025 meeting; otherwise the RSUs vest one year after the grant date. The filing also reports 4,420,991 shares held indirectly by Atlantic Bridge III LP, where Long is managing director; he disclaims beneficial ownership except to the extent of his pecuniary interest.

Navitas Semiconductor Corp director David Moxam reported an acquisition on Form 4 showing an annual grant of restricted stock units under the company鈥檚 2021 Equity Incentive Plan. The filing records a transaction date of 08/06/2025 and shows 22,048 shares associated with the award, with a reported price of $0 (RSUs representing the right to receive one share each). The RSUs are set to vest in full immediately before the company鈥檚 2026 annual stockholders' meeting, subject to Mr. Moxam鈥檚 continued service, or alternatively one year after the grant if the meeting timing differs.

Ranbir Singh, a director of Navitas Semiconductor (NVTS), received an annual award of 22,048 restricted stock units (RSUs) under the company’s non-employee director compensation program and the Navitas 2021 Equity Incentive Plan. Each RSU represents the right to one share and the award is scheduled to vest in full immediately before the 2026 annual stockholders meeting provided Mr. Singh remains a director, or one year after grant if timing conditions are not met. The filing also discloses indirect holdings of 568,450 shares held by SiCPower, LLC, for which the reporting person is sole manager but disclaims beneficial ownership. The RSUs are reported with a $0 price, indicating they were granted rather than purchased, and the filing lists 18,667,651 shares beneficially owned following the reported transaction.

Gary Kent Wunderlich Jr., a director of Navitas Semiconductor Corporation (NVTS), received an award of 22,048 restricted stock units (RSUs) on 08/06/2025 that each represent the right to one share of Class A common stock and were granted at a price of $0.

The RSUs will vest in full immediately before the issuer's 2026 annual stockholders' meeting if the reporting person continues to serve as a director at that time (or one year after the grant date if the timing condition is not met). Following the reported transaction, the filing shows 265,264 shares beneficially owned and an additional indirect interest of 1,263,000 shares held through Live Oak Sponsor Partners II, LLC; the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.

Dipender Saluja, a director of Navitas Semiconductor (NVTS), reported equity awards and holdings on Form 4. The filing shows transactions dated 08/06/2025: an annual award of 22,048 restricted stock units (RSUs) for the 2025鈥�2026 board term that converts to one share per RSU and will vest in full immediately before the 2026 annual meeting subject to continued service, and 40,540 RSUs that were awarded as vested compensation for board service. Both awards are shown with a $0 price per share.

The filing also discloses indirect holdings of 3,237,161 shares held by Technology Impact Fund, L.P. and 5,944,420 shares held by Capricorn鈥慙ibra Investment Group, LP; Saluja is reported as managing director of both and disclaims beneficial ownership except to the extent of his pecuniary interest.

Navitas Semiconductor (NVTS) Q2 2025 10-Q highlights:

• Revenue: $14.5 m, down 29% YoY; H1 2025 revenue $28.5 m, down 35%.
• Gross margin: 16% vs. 39% prior-year as gross profit fell to $2.3 m.
• Operating expenses: Cut 39% YoY to $24.0 m, driven by lower R&D (-39%) and SG&A (-50%) plus restructuring.
• Operating loss: -$21.7 m vs. -$31.1 m; however, a $28.0 m mark-to-market loss on earn-out liabilities pushed net loss to -$49.1 m (EPS -$0.25) versus -$22.3 m (-$0.12).
• Cash: $161.2 m (up 86% from FY-end) after raising $100 m via two at-the-market (ATM) offerings; share count rose to 213.1 m.
• Cash flow: Operating cash burn improved to -$24.8 m (H1 2024: -$34.9 m); financing inflow +$98.5 m.
• Balance sheet: $388.9 m equity; no long-term debt; earn-out liability increased to $30.1 m.
• Customer concentration: Distributor A accounted for 54% of Q2 sales; top two distributors >80% in prior year.
• Supplier risk: Sole GaN wafer supplier TSMC to exit GaN production in July 2027; Navitas accelerating qualification with Powerchip (Q4 2025) and seeking additional sources.
• Cost-cutting: 19% workforce reduction executed in January 2025; restructuring charge $1.5 m YTD.

Key takeaways: Revenue softness and margin compression overshadow expense cuts, driving a wider net loss. Liquidity is robust after the ATM raise, but dilution and supplier transition risk weigh on outlook.