SiCPower, LLC - 28 May 2025 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Reporting relationship: 10%+ Owner
Issuer ticker: NVTS
Reported as of: 28 May 2025
Net transaction value: -$6,628,166
SEC form: 4
Accepted by SEC: 30 May 2025, 18:10:55 UTC
Prior SEC filing: 24 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Paul D. Delva, as attorney-in-fact for Ranbir Singh

Key filing fact

SiCPower, LLC filed Form 4 for Navitas Semiconductor Corp (NVTS) on 30 May 2025.

Key facts

This page summarizes SiCPower, LLC's Form 4 filing for Navitas Semiconductor Corp (NVTS).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 30 May 2025, 18:10.

Change

Previous filing in this sequence was filed on 24 Mar 2023.
Current net transaction value: -$6,628,166.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0001968866 Primary reporting owner

SiCPower, LLC

Relationship: 10%+ Owner
Address: C/O CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON
Signature: /s/ Paul D. Delva, as attorney-in-fact for Ranbir Singh
Signature date: 30 May 2025

CIK 0001943408

Singh Ranbir

Relationship: Director, 10%+ Owner
Address: C/O NAVITAS SEMICONDUCTOR CORPORATION, 3520 CHALLENGER STREET, TORRANCE
Signature: /s/ Paul D. Delva, as attorney-in-fact for SiCPower, LLC
Signature date: 30 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NVTS transaction

Class A Common Stock

Sale

Transaction value: $55,505
Shares: -8,500
Change %: -0.03%
Price: $6.53^*
Shares after: 24,874,661
Date: 28 May 2025
Ownership: Direct
Footnotes: F1

NVTS transaction

Class A Common Stock

Sale

Transaction value: $3,258,578
Shares: -484,619
Change %: -1.9%
Price: $6.72^*
Shares after: 24,390,042
Date: 29 May 2025
Ownership: Direct
Footnotes: F1, F2

NVTS transaction

Class A Common Stock

Sale

Transaction value: $55,505
Shares: -8,500
Change %: -0.03%
Price: $6.53^*
Shares after: 24,874,661
Date: 28 May 2025
Ownership: By SiCPower, LLC
Footnotes: F1, F3

NVTS transaction

Class A Common Stock

Sale

Transaction value: $3,258,578
Shares: -484,619
Change %: -1.9%
Price: $6.72^*
Shares after: 24,390,042
Date: 29 May 2025
Ownership: By SiCPower, LLC
Footnotes: F1, F2, F3

NVTS holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 16,377
Date: 28 May 2025
Ownership: Direct
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Reflects sale of shares beneficially owned directly by SiCPower, LLC and beneficially owned indirectly (subject to note 3) by Ranbir Singh. The same transaction is reported in row 1 by SiCPower, LLC and in row 3 by Ranbir Singh. The same transaction is reported in row 2 by SiCPower, LLC and in row 4 by Ranbir Singh.

Footnote F2

The reported securities were sold in multiple trades at prices ranging from $6.530 to $7.5299, inclusive. The price reported above reflects the weighted-average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.

Footnote F3

The reporting person is the sole manager of SiCPower, LLC and may be deemed to have indirect beneficial ownership of the reported securities held by SiCPower, LLC. The reporting person disclaims beneficial ownership of the reported securities for purposes of Rule 16a-1(a)(2) under Section 16 of the Exchange Act.

Footnote F4

Reflects holdings held directly by Ranbir Singh. Figure excludes 9,933 shares which were incorrectly included in the balance of shares previously reported as so held.