Nuvectis Pharma (NVCT) awards 30,000 restricted shares to finance VP
Rhea-AI Filing Summary
Carson Michael J. reported acquisition or exercise transactions in this Form 4 filing.
Nuvectis Pharma, Inc. granted Vice President, Finance Michael J. Carson 30,000 shares of restricted common stock on August 3, 2026. These shares will fully vest on August 3, 2027, subject to his continued service. Following this award, he directly holds 230,118 shares of common stock, including restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,000 shares
Net Buy
1 txn
Insider
Carson Michael J.
Role
Vice President, Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 30,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 230,118 shares (Direct)
Footnotes (2)
- F1. The 30,000 shares of restricted common stock will fully vest on August 3, 2027, subject to Mr. Carson's continued service on such date.
- F2. Includes shares of restricted common stock.
Key Figures
Restricted shares granted: 30,000 shares
Per-share grant price: $0.0000 per share
Shares owned after grant: 230,118 shares
+1 more
4 metrics
Restricted shares granted
30,000 shares
Grant of restricted common stock to VP Finance on August 3, 2026
Per-share grant price
$0.0000 per share
Reported price for the 30,000-share restricted stock award
Shares owned after grant
230,118 shares
Total direct common stock holdings for Michael J. Carson post-transaction, including restricted shares
Vesting date
August 3, 2027
Date on which the 30,000 restricted shares will fully vest, subject to continued service
Key Terms
restricted common stock, fully vest, continued service
3 terms
restricted common stock financial
"The 30,000 shares of restricted common stock will fully vest on August 3, 2027"
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.
fully vest financial
"The 30,000 shares of restricted common stock will fully vest on August 3, 2027"
continued service financial
"subject to Mr. Carson's continued service on such date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transaction did Nuvectis Pharma (NVCT) report for Michael J. Carson?
Nuvectis Pharma reported that Vice President, Finance Michael J. Carson received 30,000 shares of restricted common stock on August 3, 2026. This compensation-related award increased his direct holdings to 230,118 shares of Nuvectis Pharma common stock, including the newly granted restricted shares.
Was the NVCT insider stock grant to Michael J. Carson made under a Rule 10b5-1 trading plan?
The disclosure indicates the Rule 10b5-1 checkbox was not marked for this transaction. That means the reported 30,000-share restricted stock grant is not identified as being made pursuant to a pre-arranged Rule 10b5-1 trading plan in this report.
What type of security did Nuvectis Pharma (NVCT) grant to its Vice President, Finance?
Nuvectis Pharma granted Michael J. Carson 30,000 shares of restricted common stock. These shares carry vesting conditions and will fully vest on August 3, 2027, contingent on his continued service with the company through that vesting date.