NovoCure (NASDAQ: NVCR) grants RSUs and stock options to director Vernon W. Anthony
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NovoCure Ltd director Vernon W. Anthony reported equity compensation awards. He received 11,610 ordinary shares in the form of restricted stock units that vest 100% on the earlier of the first anniversary of the grant date or the day immediately preceding the company’s 2027 annual general meeting of shareholders. He also received stock options for 16,999 ordinary shares at an exercise price of $16.15 per share, which will fully vest and become exercisable on the same schedule and expire on June 3, 2036. Following these awards, he holds 209,267 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
VERNON W ANTHONY
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 — 209,267 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
RSUs granted: 11,610 units
Options granted: 16,999 options
Option exercise price: $16.15 per share
+2 more
5 metrics
RSUs granted
11,610 units
Restricted stock units granted June 3, 2026
Options granted
16,999 options
Stock options granted June 3, 2026
Option exercise price
$16.15 per share
Exercise price for new stock options
Shares held after grant
209,267 shares
Ordinary shares directly held post-award
Option expiration
June 3, 2036
Expiration date for new stock options
Key Terms
restricted stock units, Stock Option (Right to Buy), vest, annual general meeting of shareholders
4 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 (Right to Buy) financial
"Stock Option (Right to Buy) with underlying ordinary shares and an exercise price"
vest financial
"are scheduled to vest 100% on the earlier of the following dates"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did NovoCure (NVCR) director Vernon W. Anthony report in this Form 4?
Vernon W. Anthony reported equity compensation awards, not open-market trades. He received restricted stock units and stock options on NovoCure ordinary shares, reflecting routine director compensation rather than a discretionary purchase or sale in the market.
How many NovoCure (NVCR) restricted stock units were granted to Vernon W. Anthony?
He was granted 11,610 restricted stock units tied to NovoCure ordinary shares. These units represent share-based compensation that will convert into shares when they vest, subject to the specified vesting schedule and his continued service on the board.
What stock options did Vernon W. Anthony receive from NovoCure (NVCR)?
He received stock options covering 16,999 ordinary shares with an exercise price of $16.15 per share. These options give him the right to buy NovoCure shares at that price once they vest and become exercisable under the award terms.
When do the new NovoCure (NVCR) restricted stock units for Vernon W. Anthony vest?
The restricted stock units vest 100% on the earlier of two dates: the first anniversary of the June 3, 2026 grant date or the day immediately preceding NovoCure’s 2027 annual general meeting of shareholders, aligning vesting with the company’s board cycle.
What is the vesting and expiration schedule for Vernon W. Anthony’s NovoCure (NVCR) stock options?
The options fully vest and become exercisable on the earlier of the first anniversary of the grant date or the day immediately preceding NovoCure’s 2027 annual meeting. They have a long-term expiration date of June 3, 2036, providing extended exercise flexibility.