Nuvectis Pharma (NVCT) CEO awarded 150,000 restricted shares as equity pay
Rhea-AI Filing Summary
Nuvectis Pharma, Inc. reported an equity award to its Chairman and CEO, Ron Bentsur. On 01/06/2026, he was granted 150,000 shares of restricted common stock at a price of $0 per share. These restricted shares will vest in equal annual installments over three years, starting on the first anniversary of the grant date, as long as he continues to serve with the company on each vesting date.
After this grant, Mr. Bentsur beneficially owns 3,675,924 shares of Nuvectis Pharma common stock, held directly, which includes previously granted restricted shares.
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FAQ
What insider transaction did Nuvectis Pharma (NVCT) report in this Form 4?
The filing reports that Chairman and CEO Ron Bentsur received an award of 150,000 shares of restricted common stock of Nuvectis Pharma, Inc. on 01/06/2026.
How many Nuvectis Pharma (NVCT) shares were granted to Ron Bentsur and at what price?
Ron Bentsur was granted 150,000 shares of Nuvectis Pharma common stock at a price of $0 per share, reflecting a restricted stock award rather than an open-market purchase.
What is the vesting schedule for Ron Bentsur’s 150,000 restricted Nuvectis Pharma shares?
The 150,000 restricted shares will vest in equal annual installments over three years, beginning on the first anniversary of the grant date, subject to Mr. Bentsur’s continued service on each vesting date.
How many Nuvectis Pharma (NVCT) shares does Ron Bentsur own after this transaction?
Following the reported grant, Ron Bentsur beneficially owns 3,675,924 shares of Nuvectis Pharma common stock, including restricted shares, held directly.
What roles does Ron Bentsur hold at Nuvectis Pharma (NVCT)?
Ron Bentsur is a Director, a 10% owner, and serves as Chairman & CEO of Nuvectis Pharma, Inc.
Was this Nuvectis Pharma Form 4 filed for a direct or indirect ownership change?
The filing shows the 150,000 restricted shares as being held under direct ownership by Ron Bentsur.