Simon Zehava 4
Research Summary
AI-generated summary
NOVA LTD. (NVMI) Director Simon Zehava Sells 820 Shares
What Happened
Simon Zehava, a director of NOVA LTD. (NVMI), reported two open-market sales: 366 shares sold on Jun 22, 2026 at $581.20 per share ($212,719) and 454 shares sold on Jun 23, 2026 at $536.52 per share ($243,580). Total proceeds from these transactions were approximately $456,299. These were sales (not purchases or option exercises).
Key Details
- Transaction dates & prices:
- Jun 22, 2026 — 366 shares sold at $581.20 each (proceeds $212,719).
- Jun 23, 2026 — 454 shares sold at $536.52 each (proceeds $243,580).
- Total shares sold: 820; total reported proceeds: ~$456,299.
- Shares owned after transaction: Not specified in the provided extract.
- Notable footnotes from the filing:
- F1: Includes 184 ordinary shares.
- F2–F4, F6: Various restricted share units (RSUs) that vest in annual installments through 2026–2028.
- F5: 827 RSUs fully vested on June 18, 2026 (each RSU converts to one ordinary share upon vesting).
- Filing date: Form 4 filed Jun 24, 2026 for trades on Jun 22–23, 2026 — appears to be timely based on the provided dates.
- No 10b5‑1 plan, tax‑withholding, gift, or option‑exercise codes were indicated in the provided data.
Context
- These were outright sales reported by a director. Sales are common for insiders for liquidity or tax reasons and do not, by themselves, indicate company performance.
- The filing notes several RSUs, including 827 that vested on Jun 18, 2026; vested RSUs are often the source of shares available for sale, but the filing does not state whether sold shares originated from those vested awards.