Sagiv Sarit 4
4 · NOVA LTD. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
NOVA (NVMI) Director Sagiv Sarit Receives Award of 334 RSUs
What Happened
Sagiv Sarit, a director of NOVA Ltd. (NVMI), received an award of 334 restricted stock units (RSUs) on June 18, 2026. The grant was reported at $0.00 per share (total cash value $0 at grant). This is an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-18; Form 4 filed: 2026-06-22 (appears timely—filed within normal 2 business days).
- Grant: 334 RSUs at $0.00 per unit (total reported cash value $0).
- Shares owned after transaction: filing does not state a single total explicitly; footnotes imply current holdings include 184 ordinary shares and RSUs totaling 2,587 (454 + 426 + 546 + 827 + 334), for an inferred combined total of 2,771 shares/RSU equivalents (includes vested and unvested units).
- Notable footnotes:
- F1: Includes 184 ordinary shares.
- F2–F4: Various RSU tranches that vest in equal annual installments through 2026–2028.
- F5: 827 RSUs fully vested on June 18, 2026.
- F6: The 334 RSUs from this grant will vest 100% on June 18, 2027, subject to continued service.
- Transaction type: A = Award/grant (RSUs). No immediate sale or exercise reported.
Context
RSUs are compensation awards that convert into ordinary shares upon vesting and settlement; they do not involve immediate cash exchange or open-market buying/selling. The 334-unit grant vests in full on its first anniversary (per footnote F6). The simultaneous note that 827 RSUs fully vested on June 18, 2026 (F5) may reflect other previously granted units vesting the same day. These filings document compensation-related insider holdings rather than routine market trades.
Insider Transaction Report
- Award
Ordinary Shares
[F1][F2][F3][F4][F5][F6]2026-06-18+334→ 2,771 total
Footnotes (6)
- [F1]Includes 184 ordinary shares.
- [F2]Includes 454 restricted share units ("RSUs") which shall vest in equal annual installments through 2026, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
- [F3]Includes 426 RSUs which shall vest in equal annual installments through 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
- [F4]Includes 546 RSUs which shall vest in equal annual installments through 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
- [F5]Includes 827 RSUs which fully vested on June 18, 2026. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
- [F6]Includes 334 RSUs, 100% of which will vest on June 18, 2027, the first anniversary of grant, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.