NovoCure (NVCR) CHRO acquires 1,905 discounted shares in ESPP purchase

Rhea-AI Filing Summary

NovoCure Ltd reported that its Chief Human Resources Officer, Michal Nath Puri, acquired additional equity through an employee share plan. On June 30, 2026, Puri received 1,905 ordinary shares under the 2025 Employee Share Purchase Plan for the purchase period from January 1, 2026 through June 30, 2026. The shares were purchased at $11.15 per share, a price determined as 85% of the closing price of NovoCure’s ordinary shares on January 1, 2026, as provided by the plan. Following this transaction, Puri directly holds 203,227 ordinary shares of NovoCure. The filing notes that this ESPP transaction is exempt under Rule 16b-3(c), reflecting a routine, compensation-related share acquisition rather than an open-market trade.

Insider Trade Summary

Net Buyer: 1,905 shares

Net Buy 1 txn

Insider Puri Michal Nath

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	1,905	$11.15	$21K

Holdings After Transaction: Ordinary Shares — 203,227 shares (Direct)

Footnotes (2)

1. F1. The reporting person is voluntarily reporting the acquisition of shares of the issuer's ordinary shares pursuant to the 2025 NovoCure Limited Employee Share Purchase Plan ("ESPP"), for the ESPP purchase period of January 1, 2026 through June 30, 2026. This transaction is also exempt under Rule 16b-3(c).
2. F2. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's ordinary shares on January 1, 2026.

Key Figures

Shares acquired: 1,905 shares Purchase price: $11.15 per share Post-transaction holdings: 203,227 shares +3 more

6 metrics

Shares acquired 1,905 shares Ordinary shares acquired on June 30, 2026 under 2025 ESPP

Purchase price $11.15 per share Price paid for ESPP shares on June 30, 2026

Post-transaction holdings 203,227 shares Total ordinary shares directly held after ESPP purchase

ESPP discount 85% of closing price Based on January 1, 2026 closing price of ordinary shares

Rule 16b-3(c) exemption Exempt transaction ESPP acquisition classified as exempt under Rule 16b-3(c)

ESPP period Jan 1, 2026 – Jun 30, 2026 Purchase period for the ESPP shares reported

Key Terms

Employee Share Purchase Plan, ESPP, Rule 16b-3(c), Ordinary Shares

4 terms

Employee Share Purchase Plan financial

"shares of the issuer's ordinary shares pursuant to the 2025 NovoCure Limited Employee Share Purchase Plan"

A program that lets employees buy their employer’s stock, often through regular payroll deductions and sometimes at a discounted price or with matching contributions; think of it as a company-run savings plan that converts part of pay into ownership. It matters to investors because it can increase insider ownership and employee motivation, potentially affecting company performance, and can slightly change share supply when new stock is issued or sold.

ESPP financial

"In accordance with the ESPP, these shares were purchased based on 85% of the closing price"

An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.

Rule 16b-3(c) regulatory

"This transaction is also exempt under Rule 16b-3(c)."

An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.

Ordinary Shares financial

"The reporting person is voluntarily reporting the acquisition of shares of the issuer's ordinary shares"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

FAQ

What insider transaction did NovoCure (NVCR) report for Michal Nath Puri?

NovoCure reported that Chief Human Resources Officer Michal Nath Puri acquired 1,905 ordinary shares. The shares were obtained through the 2025 Employee Share Purchase Plan for the period January 1, 2026 to June 30, 2026, as a routine compensation-related purchase.

At what price did NovoCure (NVCR) shares get purchased in this Form 4?

The shares were purchased at $11.15 per ordinary share under NovoCure’s 2025 Employee Share Purchase Plan. That purchase price reflected 85% of the closing price of NovoCure’s ordinary shares on January 1, 2026, as specified in the plan document.

How many NovoCure (NVCR) shares does Michal Nath Puri hold after this ESPP transaction?

After the transaction, Michal Nath Puri directly holds 203,227 NovoCure ordinary shares. This total includes the newly acquired 1,905 shares purchased through the company’s 2025 Employee Share Purchase Plan for the January 1 to June 30, 2026 purchase period.

What is the nature of the NovoCure (NVCR) insider acquisition reported in this Form 4?

The transaction is a grant or award-type acquisition under NovoCure’s 2025 Employee Share Purchase Plan. It reflects an employee stock purchase at a plan-defined discount, rather than an open-market buy, and is classified as exempt under Rule 16b-3(c).

How does NovoCure’s (NVCR) Employee Share Purchase Plan price shares for participants?

Under NovoCure’s 2025 Employee Share Purchase Plan, the reported shares were purchased at 85% of the closing price on January 1, 2026. This discount-based formula determines the purchase price for the relevant ESPP purchase period covered by the Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:34 PM Accepted by SEC EDGAR 07/01/2026 - 04:33 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Puri Michal Nath

(Last) (First) (Middle)

C/O NOVOCURE INC.

1550 LIBERTY RIDGE DRIVE, SUITE 115

(Street)

WAYNE PENNSYLVANIA 19087

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NovoCure Ltd [ NVCR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares(1)	06/30/2026		A	V	1,905	A	$11.15(2)	203,227	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person is voluntarily reporting the acquisition of shares of the issuer's ordinary shares pursuant to the 2025 NovoCure Limited Employee Share Purchase Plan ("ESPP"), for the ESPP purchase period of January 1, 2026 through June 30, 2026. This transaction is also exempt under Rule 16b-3(c).

2. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's ordinary shares on January 1, 2026.

Remarks:

	Steven Robbins, as attorney in fact for Puri, Michal Nath	07/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)