Director at NOVA LTD. (NVMI) receives 334-share equity grant in 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sagiv Sarit reported acquisition or exercise transactions in this Form 4 filing.
NOVA LTD. director Sagiv Sarit received an equity award of 334 ordinary shares on June 18, 2026, recorded at no cash cost per share. Following this grant, Sarit directly holds 2,771 ordinary shares, combining vested shares and multiple restricted share unit (RSU) awards.
The position includes RSUs that vest in equal annual installments through 2028, with 827 RSUs fully vesting on June 18, 2026 and additional blocks of 454, 426, 546 and 334 RSUs scheduled to vest in future years, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sagiv Sarit
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 334 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 2,771 shares (Direct, null)
Footnotes (1)
- Includes 184 ordinary shares. Includes 454 restricted share units ("RSUs") which shall vest in equal annual installments through 2026, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 426 RSUs which shall vest in equal annual installments through 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 546 RSUs which shall vest in equal annual installments through 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 827 RSUs which fully vested on June 18, 2026. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 334 RSUs, 100% of which will vest on June 18, 2027, the first anniversary of grant, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
Key Figures
Share grant: 334 ordinary shares
Post-transaction holdings: 2,771 ordinary shares
Fully vested RSUs: 827 RSUs
+4 more
7 metrics
Share grant
334 ordinary shares
Equity award on June 18, 2026
Post-transaction holdings
2,771 ordinary shares
Direct holdings after June 18, 2026 grant
Fully vested RSUs
827 RSUs
Fully vested on June 18, 2026
RSUs vesting through 2026
454 RSUs
Vesting in equal annual installments through 2026
RSUs vesting through 2027
426 RSUs
Vesting in equal annual installments through 2027
RSUs vesting through 2028
546 RSUs
Vesting in equal annual installments through 2028
One-year cliff RSUs
334 RSUs
100% vesting on June 18, 2027
Key Terms
restricted share units ("RSUs"), vest in equal annual installments, vesting and settlement, ordinary shares, +1 more
5 terms
vest in equal annual installments financial
"RSUs which shall vest in equal annual installments through 2027, subject to the Reporting Person's provision of service"
vesting and settlement financial
"Each RSU represents the right to receive one ordinary share upon vesting and settlement."
first anniversary of grant financial
"334 RSUs, 100% of which will vest on June 18, 2027, the first anniversary of grant"
FAQ
What insider transaction did NOVA LTD. (NVMI) report for Sagiv Sarit?
NOVA LTD. reported that director Sagiv Sarit received an equity award of 334 ordinary shares on June 18, 2026. The shares were granted at no cash cost, reflecting a compensation-related award rather than an open-market purchase.
What are the vesting terms of Sagiv Sarit’s RSUs at NOVA LTD. (NVMI)?
Sagiv Sarit’s RSUs generally vest in equal annual installments through 2028, subject to continued service. Blocks of 454, 426 and 546 RSUs vest over time, while 827 RSUs fully vested on June 18, 2026 and 334 RSUs will fully vest on June 18, 2027.
Is the June 18, 2026 NOVA LTD. (NVMI) transaction a market purchase or a grant?
The June 18, 2026 transaction is a grant of 334 ordinary shares at a price of $0.0000 per share. It is classified as a compensation-related acquisition, not an open-market purchase, and reflects equity awarded to director Sagiv Sarit.