Nova Ltd. Insider Stock Sale: Director Unloads 720 Shares Following Trading Plan
Rhea-AI Filing Summary
Nova Ltd Director Simon Zehava has filed Form 144 indicating a proposed sale of 720 ordinary shares with an aggregate market value of $183,852. The sale is planned to execute on June 26, 2025 through Oppenheimer & Co. Inc. on the Nasdaq exchange.
The shares were originally acquired on June 17, 2019, as Restricted Stock Units from the issuer. The filing reveals this sale is being conducted under a 10b5-1 trading plan adopted on December 2, 2024.
Recent trading activity shows Zehava previously sold 135 ordinary shares on June 24, 2025, for gross proceeds of $32,400. The company currently has 29,278,401 shares outstanding.
This planned transaction represents a relatively small portion of Nova's total outstanding shares and is being executed through a pre-planned trading arrangement, suggesting a routine insider sale rather than a significant strategic divestment.
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FAQ
How many NVMI shares is Director Simon Zehava planning to sell according to the Form 144 filed on June 28, 2025?
When did NVMI Director Simon Zehava originally acquire the shares being sold?
What is the 10b5-1 trading plan date for NVMI Director Simon Zehava's share sale?
Has NVMI Director Simon Zehava sold any other shares in the past 3 months?
What is the current total number of outstanding NVMI shares as reported in the Form 144?