NOVA LTD.·4

Jun 22, 9:31 AM ET

Oppenhaim Eitan 4

Research Summary

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NOVA Ltd. (NVMI) Director Eitan Oppenhaim Receives RSU Award

What Happened

  • Eitan Oppenhaim, a director of NOVA Ltd. (NVMI), received an equity award of 1,043 restricted share units (RSUs) on June 18, 2026. The Form 4 lists the acquisition price as $0.00 (standard for RSU grants), and the award is coded as an "A" (award/grant).
  • The grant is subject to vesting: all 1,043 RSUs will vest on June 18, 2027, contingent on continued service. Each RSU represents the right to receive one ordinary share upon vesting and settlement. This is a compensation award rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-18; filing date (Form 4): 2026-06-22 (timely within the two-business-day rule).
  • Transaction type: Award/Grant (code A); shares acquired: 1,043 RSUs; price reported: $0.00.
  • Shares/RSU holdings disclosed in the filing (components listed in footnotes):
    • 646 ordinary shares (F1)
    • 1,504 RSUs vesting in equal annual installments through 2027 (F2)
    • 1,932 RSUs vesting in equal annual installments through 2028 (F3)
    • 2,586 RSUs that fully vested on June 18, 2026 (F4)
    • 1,043 RSUs newly granted, 100% vesting on June 18, 2027 (F5)
  • Notable: Each RSU converts to one ordinary share upon vesting/settlement. The newly granted RSUs are service-based and will only become shares if vesting conditions are met.

Context

  • RSU grants are common executive/director compensation and do not represent a cash purchase; they are not a direct market buy or sell signal. Vesting schedules determine when the holder gains actual shares.
  • No sale or exercise occurred in this filing; the transaction increases potential future share ownership contingent on vesting.