NovoCure (NASDAQ: NVCR) director granted RSUs and 16,999 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NovoCure Ltd director Jeryl L. Hilleman received new equity awards. On June 3, 2026, she was granted 11,610 Ordinary Shares as restricted stock units and 16,999 stock options with a $16.15 exercise price.
The restricted stock units are scheduled to vest 100% on the earlier of the first anniversary of the grant date or the day immediately preceding NovoCure’s 2027 annual general meeting of shareholders. The stock options follow the same vesting schedule and will become fully exercisable at that time. After the share grant, Hilleman directly holds 25,471 Ordinary Shares, and the option grant represents her reported derivative position in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HILLEMAN JERYL L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 16,999 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 11,610 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 16,999 shares (Direct, null);
Ordinary Shares — 25,471 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units that are scheduled to vest 100% on the earlier of the following dates: (i) the first anniversary of the grant date or (ii) the day immediately preceding the Company's 2027 annual general meeting of shareholders. Options to buy ordinary shares will fully vest and become exercisable on the earlier of the following dates: (i) the first anniversary of the grant date or (ii) the day immediately preceding the Company's 2027 annual general meeting of shareholders.
Key Figures
Restricted stock units granted: 11,610 Ordinary Shares
Stock options granted: 16,999 options
Option exercise price: $16.15 per share
+2 more
5 metrics
Restricted stock units granted
11,610 Ordinary Shares
Award to director on June 3, 2026
Stock options granted
16,999 options
New option award on June 3, 2026
Option exercise price
$16.15 per share
Strike price for 16,999 stock options
Shares held after award
25,471 Ordinary Shares
Director’s direct holdings after RSU grant
Award vesting trigger
First anniversary or pre-2027 AGM
Vesting schedule for RSUs and options
Key Terms
restricted stock units, stock option, exercise price, annual general meeting of shareholders, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units that are scheduled to vest 100% on the earlier of the following dates"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock option financial
"Stock Option (Right to Buy)"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"Options to buy ordinary shares will fully vest and become exercisable"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transactions did NovoCure (NVCR) director Jeryl Hilleman report?
Director Jeryl L. Hilleman reported two equity awards: a grant of 11,610 restricted Ordinary Shares and 16,999 stock options with a $16.15 exercise price, both dated June 3, 2026, reflecting routine director compensation rather than open-market trading.
What are the terms of Jeryl Hilleman’s new NovoCure stock options?
Hilleman received 16,999 stock options to buy NovoCure Ordinary Shares at $16.15 per share. According to the filing, these options fully vest and become exercisable on the earlier of the first anniversary of the grant or the day before NovoCure’s 2027 annual meeting.
When do Jeryl Hilleman’s NovoCure restricted stock units vest?
The 11,610 restricted stock units granted to Jeryl Hilleman are scheduled to vest 100% on the earlier of two dates: the first anniversary of the June 3, 2026 grant or the day immediately preceding NovoCure’s annual general meeting of shareholders in 2027.