NOVONIX Ltd (NVX) director Sharan Burrow adds 31,250 shares at $0.16
Rhea-AI Filing Summary
NOVONIX Ltd director Sharan Burrow reported acquiring 31,250 ordinary shares on 2026-07-22 in an "other" acquisition (transaction code J) at $0.16 per share. Following this transaction, Burrow directly holds 246,989 ordinary shares. The Rule 10b5-1 trading-plan checkbox is not marked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 31,250 shares
Net Buy
1 txn
Insider
Burrow Sharan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary shares | 31,250 | $0.16 | $5K |
Holdings After Transaction:
Ordinary shares — 246,989 shares (Direct)
Key Figures
Shares acquired: 31,250 ordinary shares
Price per share: $0.16
Total shares after transaction: 246,989 ordinary shares
3 metrics
Shares acquired
31,250 ordinary shares
Non-derivative acquisition on 2026-07-22, transaction code J
Price per share
$0.16
Reported transaction_price_per_share for the 31,250-share acquisition
Total shares after transaction
246,989 ordinary shares
Direct ownership following the reported acquisition
Key Terms
Ordinary shares, Rule 10b5-1, Form 4
3 terms
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading-plan checkbox is present and not selected."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Form 4 regulatory
"Insider transactions are reported for this officer on Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NOVONIX (NVX) report for Sharan Burrow?
NOVONIX reported that director Sharan Burrow acquired 31,250 ordinary shares on 2026-07-22. The transaction used Form 4 code J, labeled as an "other" acquisition or disposition of non-derivative securities.
Was the NOVONIX (NVX) insider transaction by Sharan Burrow under a Rule 10b5-1 plan?
The filing shows the Rule 10b5-1 checkbox as not selected, indicating the reported transaction is not affirmed as made under a pre-arranged Rule 10b5-1 trading plan framework.
What does transaction code J mean in the NOVONIX (NVX) Form 4 for Sharan Burrow?
Transaction code J on the Form 4 denotes an "other" acquisition or disposition type. In this case, the Form 4 data classifies Burrow’s 31,250-share ordinary-share change as such an "other" non-derivative acquisition.