Nova (NVMI) CTO reports initial ordinary share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
NOVA LTD. filed a Form 3 showing CTO Shay Wolfing’s initial ownership in the company’s ordinary shares. The filing lists several direct holdings of ordinary shares, including one line with 17,714 shares, along with additional smaller blocks reported separately.
The footnotes explain that Wolfing has been granted restricted share units (RSUs) in 2022, 2023, 2024, and 2025. For each grant, 25% of the RSUs vest on every anniversary of the September 1 grant date, meaning the underlying ordinary shares are delivered gradually over four years.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Wolfing Shay
Role
CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 17,714 shares (Direct)
Footnotes (1)
- Represents ordinary shares issuable upon vesting and settlement of an equivalent number of restricted share units (RSUs) granted to the Reporting Person by the Issuer on September 1, 2022, which vest in accordance with the following schedule: 25% of the RSUs will vest upon each anniversary of the grant date. Represents ordinary shares issuable upon vesting and settlement of an equivalent number of restricted share units (RSUs) granted to the Reporting Person by the Issuer on September 1, 2023, which vest in accordance with the following schedule: 25% of the RSUs will vest upon each anniversary of the grant date. Represents ordinary shares issuable upon vesting and settlement of an equivalent number of restricted share units (RSUs) granted to the Reporting Person by the Issuer on September 1, 2024, which vest in accordance with the following schedule: 25% of the RSUs will vest upon each anniversary of the grant date. Represents ordinary shares issuable upon vesting and settlement of an equivalent number of restricted share units (RSUs) granted to the Reporting Person by the Issuer on September 1, 2025, which vest in accordance with the following schedule: 25% of the RSUs will vest upon each anniversary of the grant date.
FAQ
What does Shay Wolfing’s Form 3 filing for NOVA LTD. (NVMI) show?
The Form 3 shows CTO Shay Wolfing’s initial holdings of ordinary shares in NOVA LTD., including a block of 17,714 shares and several additional smaller positions reported as directly owned.
Are there any buy or sell transactions in Shay Wolfing’s NOVA (NVMI) Form 3?
The Form 3 does not report buy or sell transactions. It is an initial statement of beneficial ownership listing existing ordinary share holdings and related RSU-based positions, rather than new market purchases or sales.
What RSU grants to Shay Wolfing are disclosed for NOVA LTD. (NVMI)?
The filing discloses restricted share units (RSUs) granted on September 1 in 2022, 2023, 2024, and 2025. Each grant represents ordinary shares that will be issued as the RSUs vest over time.
How do Shay Wolfing’s RSUs in NOVA LTD. (NVMI) vest over time?
Each RSU grant vests in 25% increments on every anniversary of the September 1 grant date. Over four years, 100% of each annual RSU grant converts into ordinary shares upon vesting and settlement.