[144] NOVA LTD. SEC Filing
Rhea-AI Filing Summary
NOVA Ltd. (NVMI) filing a Form 144 notifies the proposed sale of 426 ordinary shares on 09/15/2025 via Oppenheimer & Co. on Nasdaq, with an aggregate market value of $124,860.60. The filing shows 29,278,401 shares outstanding. The securities to be sold were acquired as restricted stock units on 05/18/2023 (1,704 units reported acquired). The notice also reports a prior sale within three months: Sagiv Sarit sold 1,281 ordinary shares on 09/11/2025 for gross proceeds of $358,744.05. The filer certifies there is no undisclosed material information and includes standard Rule 10b5-1/trading-plan language.
Positive
- Regulatory compliance: The filer has submitted a Form 144 with required details, demonstrating adherence to Rule 144 disclosure obligations.
- Acquisition transparency: The filing shows the securities were acquired as restricted stock units on 05/18/2023, clarifying the origin of the holdings.
Negative
- Insider selling activity: A related sale of 1,281 shares on 09/11/2025 generated $358,744.05, indicating recent insider liquidity.
- Outstanding share context: The proposed sale is against a reported 29,278,401 shares outstanding, which may dilute relative insider holdings (factual context only).
Insights
TL;DR: Routine insider sale notice; records acquisition via RSUs and a recent related sale.
This Form 144 documents a proposed sale under Rule 144 rather than an open-market press event. It specifies the class, broker, approximate date, shares outstanding, and acquisition details (restricted stock units acquired 05/18/2023, 1,704 units). The form also discloses a related sale of 1,281 shares on 09/11/2025 for $358,744.05. From a compliance perspective, the filing contains the required elements for a Rule 144 notice and the signer attests to absence of undisclosed material information.
TL;DR: Transaction size is specified but not large relative to typical public float disclosures; appears procedural.
The Form 144 lists a proposed sale of 426 ordinary shares valued at $124,860.60 and shows total shares outstanding of 29,278,401. The securities originated as RSUs on 05/18/2023. The filing also records a recent sale (1,281 shares, $358,744.05). These facts are useful for tracking insider liquidity events; however, the form itself is a statutory disclosure rather than a corporate operational update.