[144] Nova Ltd. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Nova Ltd. (NVMI): The filer reports a proposed sale of 1,281 ordinary shares through Oppenheimer & Co. Inc., listed on Nasdaq, with an aggregate market value of $356,310.15. The filing lists the total number of shares outstanding as 29,278,401 and gives an approximate sale date of 09/11/2025.
The securities to be sold were originally acquired as restricted stock units: 1,605 shares on 06/23/2022, 1,814 shares on 06/23/2022, and 1,704 shares on 05/18/2023. The filer reports no securities sold in the past three months for the account whose sale is proposed. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
- Detailed acquisition history provided: acquisition dates and quantities for all RSUs being disclosed
- Broker identified (Oppenheimer & Co. Inc.) and trading venue (Nasdaq) are explicitly stated
- No sales in past three months reported for the account to be sold, clarifying recent activity
- Required attestation included that the seller lacks undisclosed material adverse information
Negative
- None.
Insights
TL;DR: Small, routine insider sale notice: 1,281 shares proposed for sale, representing a modest fraction of outstanding stock.
The Form 144 provides explicit details on the proposed sale: broker identity (Oppenheimer & Co.), listed market (Nasdaq), exact share count (1,281) and aggregate market value ($356,310.15). Acquisition history shows all securities originated as restricted stock units issued in mid-2022 and mid-2023 totaling 5,123 awarded shares, of which 1,281 are now proposed for sale. The filing states no sales by the account in the prior three months and includes the required attestation regarding material non-public information. From a valuation perspective, the disclosed aggregate value allows investors to gauge size of the sale relative to outstanding shares, but the form does not include any forward-looking commentary or company performance metrics.
TL;DR: Compliance-focused disclosure: the filer documents acquisition origin and uses a registered broker, fulfilling Rule 144 notice requirements.
The filing documents the nature of acquisition (Restricted Stock Units) and lists acquisition dates and amounts, which supports transparency about the seller's holding history. The use of a named broker and the attestation about possession of material non-public information are consistent with expected governance and insider-sale protocols. The form reports no related sales in the previous three months, simplifying aggregation questions under Rule 144. The filing does not state any trading plan adoption date or 10b5-1 plan details.