Ajay Marathe compensation by year
Enovix Summary Compensation Table · all 4 fiscal years held| Component | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Salary | $60,577 | $450,000 | $463,500 | $473,929 |
| Bonus | $0 | $0 | $0 | $0 |
| Stock awards | $11,628,680 | $0 | $3,499,978 | $3,999,983 |
| Option awards | $0 | $0 | $0 | $0 |
| Non-equity incentive | $38,880 | $121,259 | $266,890 | $216,078 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 |
| All other | $1,650 | $13,949 | $10,392 | $3,977 |
| Total | $11,729,787 | $585,208 | $4,240,760 | $4,693,967 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Enovix Corp DEF 14A filed April 24, 2026, accession 0001828318-26-000018, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Enovix Corp filed document, accession 0001828318-26-000018. Every figure is read from that document and cited to the page and table it appears in. Filed April 24, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 319,317 | $2,436,389 | — |
| RSU | 160,513 | $1,224,714 | — |
| RSU | 117,607 | $897,341 | — |
| RSU | 84,573 | $645,292 | — |
| RSU | 67,204 | $512,767 | — |
| RSU | 45,106 | $344,159 | — |
| RSU | 33,170 | $253,087 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Enovix Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Enovix discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $358,054 | $3,941,643 | $33,129 | $4,714,750 |
| Change in control and involuntary termination | $358,054 | $6,941,202 | $33,129 | $7,714,309 |
Per the Potential Payments Upon Termination or Change in Control table in Enovix Corp's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
Enovix’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Raj Talluri | President and Chief Executive Officer | $7,996,489 |
| Ryan Benton | Chief Financial Officer | $4,899,299 |
| Ajay Marathe · this page | Former Chief Operating Officer | $4,693,967 |
| Arthi Chakravarthy | Chief Legal Officer | $2,011,955 |
Ajay Marathe's compensation dossier, Enovix
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Enovix's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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