SiCPower LLC, an entity associated with Navitas Semiconductor Corp director Ranbir Singh, sold 389,096 shares of Class A common stock in an open-market transaction at a weighted average price of $9.5199 per share. The shares were sold in multiple trades ranging from $9.5000 to $9.5900. Following this transaction, the filing indicates zero shares are held indirectly by SiCPower, LLC, though Singh disclaims beneficial ownership for Section 16 purposes.
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SiCPower LLC linked to Navitas (NASDAQ: NVTS) sells 389,096 shares
SiCPower LLC, an entity associated with Navitas Semiconductor Corp director Ranbir Singh, sold 389,096 shares of Class A common stock in an open-market transaction at a weighted average price of $9.5199 per share. The shares were sold in multiple trades ranging from $9.5000 to $9.5900. Following this transaction, the filing indicates zero shares are held indirectly by SiCPower, LLC, though Singh disclaims beneficial ownership for Section 16 purposes.