Nova (NVMI) CEO reports ordinary share and RSU vesting schedule
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
NOVA LTD. filed an initial insider ownership report for CEO and president Gabriel Waisman. The Form 3 lists his direct holdings of ordinary shares along with several grants of restricted share units (RSUs).
The RSUs were granted on September 1, 2022, June 1, 2023, July 1, 2024, and July 1, 2025. For each grant, 25% of the RSUs vest on every anniversary of the grant date, and ordinary shares are issuable upon vesting and settlement of an equivalent number of RSUs. The filing does not show new purchases or sales, but instead establishes Waisman’s starting equity position and time-based vesting schedule as an executive of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Waisman Gabriel
Role
CEO & president
| 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 — 2,968 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 June 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 July 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 July 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 the NOVA LTD. (NVMI) Form 3 filing show?
The Form 3 shows CEO and president Gabriel Waisman’s initial ownership in NOVA LTD., including ordinary shares and multiple restricted share unit (RSU) awards, each scheduled to vest in 25% increments on anniversaries of their respective grant dates.
Who is the insider reporting holdings for NOVA LTD. (NVMI)?
The reporting person is Gabriel Waisman, who serves as CEO and president of NOVA LTD. The Form 3 details his direct ownership of ordinary shares and several time-vested RSU grants awarded between 2022 and 2025.
How do Gabriel Waisman’s RSUs at NOVA LTD. (NVMI) vest?
Each RSU grant vests in four equal annual installments. Specifically, 25% of the RSUs from each grant date vests on every anniversary of that grant, after which ordinary shares are issued upon vesting and settlement.
What grant dates are disclosed for NOVA LTD. (NVMI) RSUs?
The filing lists RSU grants to Gabriel Waisman dated September 1, 2022, June 1, 2023, July 1, 2024, and July 1, 2025. Each award converts into ordinary shares over time as 25% vests on each anniversary of its grant date.
Does the NOVA LTD. (NVMI) Form 3 indicate insider buying or selling?
The Form 3 does not indicate any buy or sell transactions. It is an initial ownership statement that records Gabriel Waisman’s existing ordinary share holdings and RSU awards, rather than reporting new market purchases or sales.
What type of securities does Gabriel Waisman hold in NOVA LTD. (NVMI)?
He holds ordinary shares and restricted share units (RSUs). The RSUs represent rights to receive an equivalent number of ordinary shares upon vesting and settlement, with vesting occurring at 25% on each anniversary of the grant dates listed.