NOVA (NVMI) Director Sagiv Sarit Sells Shares

What Happened
Sagiv Sarit, a director of NOVA Ltd. (NVMI), sold a total of 820 shares in two open-market transactions: 366 shares on June 22, 2026 at $581.20 each ($212,719) and 454 shares on June 23, 2026 at $536.52 each ($243,580), for aggregate proceeds of approximately $456,299. These were sales (transaction code S), which are commonly routine dispositions by insiders.

Key Details

• Transaction dates and prices:
  • 2026-06-22: 366 shares at $581.20 — $212,719
  • 2026-06-23: 454 shares at $536.52 — $243,580
• Total shares sold: 820; total proceeds: ~$456,299.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes about holdings (from the filing):
  • Includes 184 ordinary shares (F1).
  • Includes multiple RSU grants: 454 RSUs vesting through 2026 (F2); 426 RSUs vesting through 2027 (F3); 546 RSUs vesting through 2028 (F4); 827 RSUs that fully vested on June 18, 2026 (F5); and 334 RSUs that vest 100% on June 18, 2027 (F6). Each RSU represents the right to receive one ordinary share upon vesting and settlement.
• Filing date: June 24, 2026 (covers trades on June 22–23); appears filed within the typical two-business-day Section 16 reporting window.

Context
These were sales, not purchases. The filing shows recent and upcoming RSU vesting (including 827 RSUs that vested June 18, 2026), which can be a common reason for subsequent insider sales (e.g., to settle tax withholding or diversify), but the filing itself does not state the seller’s motive. Sales should be interpreted as factual insider activity rather than a direct signal about company fundamentals.