NOVA LTD.·4

Jun 22, 9:36 AM ET

Cohen Raanan 4

Research Summary

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NOVA (NVMI) Director Raanan Cohen Receives RSU Award

What Happened
Raanan Cohen, a director of NOVA Ltd. (NVMI), was granted 334 restricted share units (RSUs) on June 18, 2026. The award was recorded at $0.00 per share (a compensation grant, not an open-market purchase), and the 334 RSUs will vest 100% on June 18, 2027. RSUs represent the right to receive one ordinary share upon vesting and settlement.

Key Details

  • Transaction date: 2026-06-18; Form 4 filed on 2026-06-22 (filed within the standard two-business-day reporting window).
  • Transaction type/code: Award/Grant (A); price reported $0.00.
  • Grant size: 334 RSUs, 100% vesting on 2027-06-18 (first anniversary). Each RSU converts to one ordinary share when vested/settled.
  • Shares owned after transaction: Footnote indicates beneficial ownership includes 3,461 ordinary shares.
  • Other holdings/footnotes: Reporting person also has other RSU tranches: 454 RSUs vesting through 2026; 426 RSUs vesting through 2027; 546 RSUs vesting through 2028; 827 RSUs that fully vested on 2026-06-18. These are subject to continued service for vesting.
  • No indication of a sale or purchase — this is a compensation grant.

Context
RSU grants are a form of compensation and do not involve cash changing hands at grant. Vesting schedules mean the shares are not immediately tradable; they convert to actual shares only upon vesting and settlement. Such awards are common for directors and executives and should be viewed as compensation-related, not a direct buy or sell signal.