Insider grant at Nuvectis Pharma (NVCT) adds 150,000 restricted shares
Rhea-AI Filing Summary
Nuvectis Pharma, Inc. reported that Chief Dev. & Ops. Officer Shay Shemesh received an award of 150,000 shares of restricted common stock on 01/06/2026 at a price of $0 per share.
The restricted shares will vest in equal annual installments over three years beginning on the first anniversary of the grant date, subject to his continued service. After this grant, Shemesh beneficially owns 1,793,068 shares of Nuvectis common stock, including restricted shares, held directly.
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FAQ
What insider transaction did NVCT report in this Form 4?
Nuvectis Pharma, Inc. reported that Chief Dev. & Ops. Officer Shay Shemesh received an award of 150,000 shares of restricted common stock on 01/06/2026 at a price of $0 per share.
How many Nuvectis Pharma (NVCT) shares does Shay Shemesh own after this grant?
Following the reported restricted stock grant, Shay Shemesh beneficially owns 1,793,068 shares of Nuvectis Pharma common stock, held directly, including restricted shares.
What is the vesting schedule for Shay Shemesh’s 150,000 restricted NVCT shares?
The 150,000 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. Shemesh’s continued service on those dates.
What role does the reporting person hold at Nuvectis Pharma (NVCT)?
The reporting person, Shay Shemesh, serves as Chief Development & Operations Officer of Nuvectis Pharma, Inc., and filed this Form 4 as an officer.
Is the reported Nuvectis Pharma (NVCT) transaction a direct or indirect holding?
The Form 4 shows the shares as held directly (D) by Shay Shemesh, with no separate entity indicated in the nature of ownership field.