NovoCure (NVCR) CEO adds 1,905 shares through 2025 employee share purchase plan

Rhea-AI Filing Summary

NovoCure Ltd’s Chief Executive Officer Leonard Frank X acquired 1,905 ordinary shares through the company’s 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, based on 85% of the closing price on January 1, 2026. Following this ESPP acquisition, he directly holds 461,425 ordinary shares. The transaction is described as exempt under Rule 16b-3(c).

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Leonard Frank X

Role Chief Executive Officer

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

Holdings After Transaction: Ordinary Shares — 461,425 shares (Direct, null)

Footnotes (1)

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). 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

ESPP shares acquired: 1,905 shares Purchase price: $11.15 per share Post-transaction holdings: 461,425 shares +3 more

6 metrics

ESPP shares acquired 1,905 shares Ordinary shares acquired by CEO under 2025 ESPP

Purchase price $11.15 per share Price for ESPP acquisition on January 1, 2026 reference

Post-transaction holdings 461,425 shares CEO’s direct ordinary share holdings after ESPP purchase

ESPP purchase discount 85% of closing price Shares priced at 85% of January 1, 2026 closing price

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

ESPP purchase period Jan 1, 2026 – Jun 30, 2026 Employee Share Purchase Plan period for these acquired shares

Key Terms

Employee Share Purchase Plan, ESPP, Rule 16b-3(c), grant, award, or other acquisition

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

"for the ESPP purchase period of January 1, 2026 through June 30, 2026"

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.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:32 PM Accepted by SEC EDGAR 07/01/2026 - 04:30 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^*

Leonard Frank X

(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 Executive 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)	461,425	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 Leonard, Frank X.	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)

FAQ

What insider transaction did NovoCure (NVCR) report for its CEO?

NovoCure reported that CEO Leonard Frank X acquired 1,905 ordinary shares through the 2025 Employee Share Purchase Plan. The shares relate to the ESPP purchase period from January 1, 2026 through June 30, 2026 and are classified as a grant or award acquisition.

At what price were the NovoCure (NVCR) ESPP shares acquired by the CEO?

The CEO’s 1,905 ordinary shares were acquired at $11.15 per share under the Employee Share Purchase Plan. The filing notes this price reflects 85% of the closing price of NovoCure’s ordinary shares on January 1, 2026, consistent with the ESPP’s terms.

How many NovoCure (NVCR) shares does the CEO hold after this ESPP transaction?

After this ESPP acquisition, CEO Leonard Frank X directly holds 461,425 ordinary shares of NovoCure. This total reflects his position following the 1,905-share grant reported for the January 1, 2026 through June 30, 2026 Employee Share Purchase Plan period.

What is the NovoCure (NVCR) 2025 Employee Share Purchase Plan mentioned in the filing?

The 2025 Employee Share Purchase Plan allows eligible NovoCure employees, including the CEO, to acquire ordinary shares over defined purchase periods. For this period, shares were purchased at 85% of the January 1, 2026 closing price, offering a discount consistent with standard ESPP structures.

Is the CEO’s NovoCure (NVCR) ESPP acquisition treated as exempt under SEC rules?

Yes. The filing states the CEO’s acquisition of 1,905 ordinary shares through the ESPP is exempt under Rule 16b-3(c). This rule typically provides exemptions for certain issuer-approved transactions, such as employee benefit plan purchases, from short-swing profit recovery provisions.