Insider Selling: Navitas Semiconductor (NASDAQ:NVTS) Director Sells 142,150 Shares of Stock

Navitas Semiconductor Corporation (NASDAQ:NVTS - Get Free Report) Director Brian Long sold 142,150 shares of the company's stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $8.55, for a total transaction of $1,215,382.50. Following the completion of the sale, the director directly owned 80,199 shares of the company's stock, valued at $685,701.45. The trade was a 63.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.