Cohen Raanan 4
Research Summary
AI-generated summary
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.