Sagiv Sarit 4

What Happened

• Sagiv Sarit, a director of NOVA Ltd. (NVMI), reported a sale of 426 shares on May 18, 2026. The reported price was $514.49 per share for a total proceeds of approximately $219,173.
• The filing lists the transaction as an open market or private sale (code S). Sales are often routine and do not, by themselves, indicate the insider’s view of the company.

Key Details

• Transaction date and price: 2026-05-18 — 426 shares @ $514.49 each (total ~$219,173). Form 4 filed 2026-05-20 (timely).
• Shares owned after transaction: The filing does not state a single total post-sale holding number. Footnotes disclose holdings that are included in the report (see below).
• Notable footnotes from the filing:
  • F1: Includes 184 ordinary shares.
  • F2: Includes 454 restricted share units (RSUs) vesting in equal annual installments through 2026 (each convertible to one ordinary share).
  • F3: Includes 426 RSUs vesting in equal annual installments through 2027 (each convertible to one ordinary share).
  • F4: Includes 546 RSUs vesting in equal annual installments through 2028 (each convertible to one ordinary share).
  • F5: Includes 827 RSUs that 100% vest on June 18, 2026 (each convertible to one ordinary share).
• No 10b5-1 plan, tax-withholding sale, or late filing indication was specified in the provided data.

Context

• The sale was reported within the Form 4 two-business-day window (transaction 5/18, filed 5/20), so it appears timely.
• Several items in the footnotes are RSUs (restricted share units). An RSU is a promise to issue a share when it vests — each RSU converts to one ordinary share upon vesting/settlement. The filing does not indicate that options were exercised or that this was a cashless exercise.
• Because this is a sale by a director (not a purchase), it’s typically treated as routine insider liquidity rather than a clear bullish signal.