Form 4 Filing for Navitas Semiconductor Corp

On May 18, 2026, Navitas Semiconductor Corp entered into a Settlement, Release and Amendment Agreement with Live Oak Sponsor Partners II, LLC. This agreement involved the transfer of 1,147,225 shares of the Company's common stock to Live Oak Sponsor in satisfaction of obligations under a prior Sponsor Letter Agreement concerning the vesting, forfeiture, and transfer of earnout shares. Gary Kent Wunderlich JR, a managing member of Live Oak Sponsor, is noted as a director of the company. Subsequently, on May 28, 2026, 35,165 shares were sold at a weighted average price of $28.14, and an additional 73,000 shares were sold at a weighted average price of $28.11. These transactions were part of a series of sales occurring between $28.10 and $28.18 for the first batch, and $28.10 to $28.17 for the second batch. Wunderlich disclaims beneficial ownership except to the extent of his pecuniary interest.