NovoCure HR chief Michal Nath Puri sells 660 shares
The award agreement required the sale to fund tax withholding on vested Restricted Stock Units, rather than making it a discretionary trade.
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Rhea-AI Filing Summary
NovoCure Ltd (NVCR) Chief Human Resources Officer Michal Nath Puri sold 660 ordinary shares on November 2, 2026, at a weighted average price of $13.2391 per share. The sale was required under the issuer’s award agreement to cover tax withholding on vesting Restricted Stock Units and was not a discretionary trade. The shares were sold in multiple trades at prices ranging from $13.08 to $13.36. Michal Nath Puri directly held 202,567 ordinary shares after the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 660 | $13.2391 | $9K |
Footnotes (2)
- F1. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units. This sale is mandated by the issuer's award agreement under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- F2. This transaction was executed in multiple trades at prices ranging from $13.08 USD to $13.36 USD; the price reported above reflects the weighted average sale price.
Key Figures
Key Terms
Restricted Stock Units financial
sell to cover financial
weighted average sale price financial
tax withholding obligations financial
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