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Nuvectis Pharma (NVCT) director awarded 35,000 restricted common shares in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kaplan Matthew L. reported acquisition or exercise transactions in this Form 4 filing.

Nuvectis Pharma director Matthew L. Kaplan received a grant of 35,000 shares of restricted common stock. The award was made at no cash cost per share and is classified as a compensation-related grant rather than an open-market purchase.

The 35,000 restricted shares will vest in equal annual installments over three years, beginning on the first anniversary of the grant date, as long as Kaplan continues to serve on the Board of Directors on those dates. After this grant, he directly holds 159,760 shares of Nuvectis Pharma common stock, including restricted shares.

Positive

  • None.

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Insider Kaplan Matthew L.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 35,000 $0.00 --
Holdings After Transaction: Common Stock — 159,760 shares (Direct, null)
Footnotes (1)
  1. The 35,000 shares of restricted common stock will vest in equal annual installments over three years beginning on the first anniversary of the grant date subject to Mr. Kaplan's continued service on the Company's Board of Directors on such dates. Includes shares of restricted common stock.
Restricted stock grant 35,000 shares Common stock award to director on 2026-06-11
Grant price per share $0.0000 per share Reported transaction price for restricted stock grant
Holdings after grant 159,760 shares Total direct common stock held following transaction
Vesting period 3 years Equal annual installments starting first anniversary of grant
restricted common stock financial
"The 35,000 shares of restricted common stock will vest in equal annual installments"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
vest financial
"will vest in equal annual installments over three years beginning on the first anniversary"
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.
Board of Directors financial
"subject to Mr. Kaplan's continued service on the Company's Board of Directors on such dates"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
grant date financial
"beginning on the first anniversary of the grant date subject to Mr. Kaplan's continued service"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
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SEC Form 4
FORM 4UNITED 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*
Kaplan Matthew L.

(Last)(First)(Middle)
C/O NUVECTIS PHARMA, INC.,
1 BRIDGE PLAZA, SUITE 275

(Street)
FORT LEE NEW JERSEY 07024

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Nuvectis Pharma, Inc. [ NVCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026A35,000(1)A$0159,760(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The 35,000 shares of restricted common stock will vest in equal annual installments over three years beginning on the first anniversary of the grant date subject to Mr. Kaplan's continued service on the Company's Board of Directors on such dates.
2. Includes shares of restricted common stock.
/s/ Matthew Kaplan06/12/2026
** Signature of Reporting PersonDate
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 Nuvectis Pharma (NVCT) report for Matthew L. Kaplan?

Nuvectis Pharma reported that director Matthew L. Kaplan received a grant of 35,000 shares of restricted common stock. The shares were awarded as compensation, not bought on the open market, and increase his total direct holdings in the company’s common stock.

How many Nuvectis Pharma (NVCT) shares does Matthew L. Kaplan hold after this grant?

After the grant, Matthew L. Kaplan directly holds 159,760 shares of Nuvectis Pharma common stock. This total includes the 35,000 newly granted restricted shares and other previously held common shares reported in this Form 4 filing.

How do the 35,000 restricted Nuvectis Pharma (NVCT) shares vest for Matthew L. Kaplan?

The 35,000 restricted common shares vest in equal annual installments over three years. Vesting starts on the first anniversary of the grant date and requires Kaplan’s continued service on Nuvectis Pharma’s Board of Directors at each vesting date.

Did Matthew L. Kaplan buy or sell Nuvectis Pharma (NVCT) stock on the market?

Matthew L. Kaplan did not buy or sell Nuvectis Pharma stock on the open market in this filing. He received 35,000 restricted common shares as a grant, which is a compensation-related award at no stated purchase price per share.

Is the Nuvectis Pharma (NVCT) Form 4 transaction for Matthew L. Kaplan routine compensation?

The transaction is reported with code "A" for a grant or award, indicating compensation-related issuance of 35,000 restricted shares. Such equity awards to directors are generally part of standard compensation practices rather than discretionary trading activity in the open market.