Garty Yaniv 4
Research Summary
AI-generated summary
NOVA (NVMI) Director Garty Yaniv Receives 334-Share Award
What Happened
- Garty Yaniv, a director of NOVA Ltd. (NVMI), was granted 334 shares on June 18, 2026. The Form 4 reports the grant as an award/acquisition (code A) at $0.00 per share (total reported value $0).
- The 334 units are restricted stock units (RSUs) that, per the filing footnote, vest 100% on June 18, 2027 and each RSU converts to one ordinary share upon vesting.
Key Details
- Transaction date and price: 2026-06-18, 334 shares @ $0.00 (award).
- Vesting: Footnote F6 states these 334 RSUs vest in full on June 18, 2027, subject to continued service.
- Other holdings noted: Footnotes list additional holdings/tranches — 184 ordinary shares (F1) and multiple RSU tranches (e.g., 55, 426, 546, 827) with various vesting schedules; footnote F5 shows 827 RSUs fully vested on June 18, 2026.
- Filing timeliness: Form 4 was filed on 2026-06-22 for a 2026-06-18 grant; this filing date appears timely under the Form 4 reporting window.
Context
- These RSUs are a compensation award, not an open-market purchase or sale, so they reflect compensation/retention practices rather than an immediate market sentiment bet by the insider.
- Each RSU equals the right to receive one ordinary share upon vesting; no immediate sale or exercise occurred in this reported transaction.