[Form 4] Nuvectis Pharma, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Nuvectis Pharma, Inc. disclosed that Emerald Hill Ventures SARL SPF, which is beneficially owned by 10% owner Charles Mosseri Marlio, executed an open-market purchase of 50,000 shares of common stock at a weighted average price of $18.32 per share. After these transactions, Emerald Hill Ventures SARL SPF holds 3,186,576 shares indirectly, while Marlio also directly owns 109,321 shares of Nuvectis Pharma common stock.
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Insights
Large shareholder adds 50,000 Nuvectis shares in open-market buy.
A beneficial owner of more than 10%, via Emerald Hill Ventures SARL SPF, reported buying 50,000 Nuvectis Pharma common shares at a weighted average price of $18.32. The purchases were standard open-market trades aggregated within a narrow price range.
Following the transaction, indirect holdings rose to 3,186,576 shares, with an additional 109,321 shares held directly. The filing does not reference any trading plan, and there are no derivative positions reported, so this reflects a straightforward net increase in equity exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,000 | $18.32 | $916K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Reflects the weighted average purchase price. The range of prices for the shares purchased was $18.29 to $18.32. The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one-dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price. Charles Mosseri Marlio is the beneficial owner of Emerald Hill Ventures SARL SPF.