[144] NOVA LTD. SEC Filing
Rhea-AI Filing Summary
Form 144 for NVMI (NOVA LTD.) reports proposed and recent insider sales of ordinary shares. The notice states 1,360 ordinary shares are proposed for sale through Oppenheimer & Co. with an aggregate market value of $434,737.60 and an approximate sale date of 10/01/2025 on Nasdaq. The filer indicates those shares were acquired as restricted stock units on 06/23/2022 totaling 1,814 units and paid on that date. The filing also discloses sales by the named person during the past three months: 479 shares on 09/15/2025 for $143,221, 303 shares on 09/22/2025 for $96,960, and 549 shares on 10/01/2025 for $175,680. The form includes the standard seller representation about material nonpublic information and references Rule 10b5-1 language where applicable.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider proposes to sell 1,360 ordinary shares (~$435k) after prior recent sales; disclosure is routine but notable for timing and aggregate value.
The filing shows a single individual selling equity acquired as restricted stock units on 06/23/2022. The proposed sale through Oppenheimer for an aggregate market value of $434,737.60 is consistent with reported transactions in the prior three months totaling 1,331 shares and $415,861 in gross proceeds. From an investor-impact perspective, the transactions are material in dollar terms for an individual insider but the filing is a standard compliance notice under Rule 144 and does not by itself indicate company operational changes.
TL;DR: Proper Rule 144 disclosure was filed; recent clustered sales merit attention but the form contains no disclosure of nonpublic information.
The document documents required public disclosure of proposed and completed insider sales and affirms the seller's representation about material nonpublic information. The acquisition source is listed as restricted stock units granted by the issuer. There is no indication in the filing of a trading plan date or other governance actions tied to these transactions. As a governance matter, timely and complete Rule 144 filings like this support transparency around insider liquidity events.