Nova (NVMI) director Sarit Sagiv reports multiple RSU-based share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
NOVA LTD. director Sarit Sagiv filed an initial ownership report on Form 3 showing direct holdings of ordinary shares tied to multiple restricted share unit (RSU) awards. The reported positions represent ordinary shares issuable upon vesting of RSUs granted on June 23, 2022, May 18, 2023, June 20, 2024 and June 18, 2025. The 2022, 2023 and 2024 RSU grants each vest in four equal annual installments of 25% on every anniversary of the grant date, while the 2025 grant vests 100% on its first anniversary. The filing does not show any buy or sell transactions, only these RSU-based holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Sagiv Sarit
Role
Director
| 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 — 184 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 June 23, 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 May 18, 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 June 20, 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 June 18, 2025, which vest in accordance with the following schedule: 100% of the RSUs will vest on the first anniversary of the grant date.
FAQ
What does Nova (NVMI) director Sarit Sagiv report on this Form 3?
The filing shows Sarit Sagiv’s initial ownership in NOVA LTD. through ordinary shares issuable from several RSU grants. These awards were granted between June 2022 and June 2025 and vest over time according to specified anniversary-based schedules.
How do Sarit Sagiv’s 2022 and 2023 Nova (NVMI) RSU grants vest?
The RSUs granted on June 23, 2022 and May 18, 2023 each vest in four equal installments. According to the filing, 25% of the RSUs vest on every anniversary of the respective grant date until fully vested, creating a multi-year vesting schedule.
What is the vesting schedule for the 2024 Nova (NVMI) RSU grant to Sarit Sagiv?
The RSUs granted on June 20, 2024 follow the same pattern as earlier grants. The document states that 25% of these RSUs will vest upon each anniversary of the June 20, 2024 grant date, resulting in full vesting after four annual installments.
How is the 2025 RSU grant to Nova (NVMI) director Sarit Sagiv structured?
The RSUs granted on June 18, 2025 vest in a single cliff installment. The filing specifies that 100% of these restricted share units will vest on the first anniversary of the June 18, 2025 grant date, rather than vesting in multiple annual tranches.