Nova Ltd. officer plans 3,864-share sale
Rhea-AI Filing Summary
NOVA LTD. (NVMI) received a Rule 144 notice that officer Shay Wolfling plans to sell 3,864 ordinary shares through Oppenheimer & Co. Inc. on Nasdaq. The filing states an aggregate market value of $1,376,009.04 and 31,780,111 ordinary shares outstanding. The shares to be sold were issued upon vesting of RSUs in tranches of 5,000, 2,400, and 1,126 shares, for which no cash consideration was paid. The sales are to be made pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2026.
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Key Figures
Shares planned for sale under Rule 144: 3,864 ordinary shares
Aggregate market value of securities to be sold: $1,376,009.04
Ordinary shares outstanding: 31,780,111 shares
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8 metrics
Shares planned for sale under Rule 144
3,864 ordinary shares
Planned disposition by officer Shay Wolfling through Oppenheimer & Co. Inc.
Aggregate market value of securities to be sold
$1,376,009.04
Value associated with the 3,864 ordinary shares covered by the notice
Ordinary shares outstanding
31,780,111 shares
NOVA LTD. ordinary shares reported as outstanding in the Form 144
RSU vesting tranche 1
5,000 shares
Ordinary shares issued on September 1, 2023 upon vesting of RSUs
RSU vesting tranche 2
2,400 shares
Ordinary shares issued on September 1, 2024 upon vesting of RSUs
RSU vesting tranche 3
1,126 shares
Ordinary shares issued on September 1, 2025 upon vesting of RSUs
Rule 10b5-1 plan adoption date
June 12, 2026
Date the trading plan governing these sales was adopted
Date of Rule 144 notice
September 21, 2026
Date the Form 144 notice was filed
Key Terms
Rule 144, Rule 10b5-1 trading plan, RSUs, Ordinary Shares
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1 trading plan regulatory
"The securities are being sold pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
RSUs financial
"Shares issued upon vesting of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does NOVA LTD. (NVMI) disclose in this Form 144 filing?
The filing reports that officer Shay Wolfling intends to sell 3,864 ordinary shares of NOVA LTD. under Rule 144 through Oppenheimer & Co. Inc., citing an aggregate market value of $1,376,009.04 and 31,780,111 shares outstanding.
Is the NOVA LTD. (NVMI) Form 144 sale under a Rule 10b5-1 trading plan?
Yes. The filing states that the securities are being sold pursuant to a Rule 10b5-1 trading plan that was adopted on June 12, 2026, providing a pre-arranged framework for executing the planned sales.
Which broker and market are involved in the NOVA LTD. (NVMI) Form 144 sale?
The filing lists Oppenheimer & Co. Inc. as the broker for the planned sale of 3,864 ordinary shares, with trading referenced on Nasdaq in the securities information section.
AI-generated analysis. How Rhea-AI works. Not financial advice.