NOVA LTD. (NVMI) director sells 426 shares and details RSU holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOVA LTD. director Sagiv Sarit reported an open-market sale of 426 Ordinary Shares on May 18, 2026 at an average price of $514.49 per share. After the sale, Sarit directly holds 2,437 Ordinary Shares.
In addition to those shares, Sarit has multiple outstanding restricted share unit (RSU) awards. These include 454 RSUs vesting in equal annual installments through 2026, 426 RSUs vesting through 2027, 546 RSUs vesting through 2028, and 827 RSUs that are scheduled to fully vest on June 18, 2026, each RSU representing one Ordinary Share upon vesting and settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 426 shares ($219,173)
Net Sell
1 txn
Insider
Sagiv Sarit
Role
null
Sold
426 shs ($219K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 426 | $514.49 | $219K |
Holdings After Transaction:
Ordinary Shares — 2,437 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 100% vest on June 18, 2026, 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
Shares sold: 426 shares
Sale price per share: $514.49 per share
Shares held after transaction: 2,437 shares
+4 more
7 metrics
Shares sold
426 shares
Open-market sale on May 18, 2026
Sale price per share
$514.49 per share
Average price for the 426 shares sold
Shares held after transaction
2,437 shares
Direct ownership after the May 18, 2026 sale
RSUs vesting through 2026
454 RSUs
Vest in equal annual installments through 2026
RSUs vesting through 2027
426 RSUs
Vest in equal annual installments through 2027
RSUs vesting through 2028
546 RSUs
Vest in equal annual installments through 2028
RSUs vesting on June 18, 2026
827 RSUs
100% vest on June 18, 2026
Key Terms
restricted share units ("RSUs"), open-market sale, vesting, Ordinary Shares
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vesting financial
"shall vest in equal annual installments through 2027, subject to the Reporting Person's provision of service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did NOVA LTD. (NVMI) report for Sagiv Sarit?
NOVA LTD. director Sagiv Sarit reported selling 426 Ordinary Shares in an open-market transaction. The shares were sold at an average price of $514.49 per share, and the transaction was dated May 18, 2026, according to the Form 4 filing.
Is Sagiv Sarit’s NOVA LTD. (NVMI) transaction a buy or sell?
The Form 4 shows that Sagiv Sarit executed a sell transaction in NOVA LTD. stock. It is classified as an open-market sale under transaction code “S,” covering 426 Ordinary Shares at an average price of $514.49 per share.