NOVONIX (NVX) director holds 195,938 share rights exercisable by 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOVONIX Ltd director Burrow Sharan reported a holding of 195,938 share rights linked to ordinary shares. These rights have a zero exercise price and are scheduled to become exercisable on December 31, 2026, with an expiration date of December 31, 2027. The filing reflects a position update rather than a new buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burrow Sharan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share rights | -- | -- | -- |
Holdings After Transaction:
Share rights — 195,938 shares (Direct, null)
Footnotes (1)
Key Figures
Share rights underlying shares: 195,938 shares
Exercise price: $0.0000 per share
Exercisable date: December 31, 2026
+1 more
4 metrics
Share rights underlying shares
195,938 shares
Underlying ordinary shares for reported share rights
Exercise price
$0.0000 per share
Exercise price of NOVONIX share rights
Exercisable date
December 31, 2026
Share rights first exercisable date
Expiration date
December 31, 2027
Share rights expiration
Key Terms
Share rights, Ordinary shares, exercise price, expiration date
4 terms
exercise price financial
"conversion_or_exercise_price: "0.0000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2027-12-31T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did NOVONIX (NVX) director Burrow Sharan report in this Form 4?
Director Burrow Sharan reported holding 195,938 share rights tied to NOVONIX ordinary shares. The entry reflects a holdings position, not an open-market buy or sell, and updates the disclosed equity exposure.
Does this NOVONIX Form 4 show any insider buying or selling?
The Form 4 records a holding entry with an unknown transaction code and no reported share purchases or sales. It primarily updates the disclosed balance of share rights rather than documenting an open-market trade.