Waisman Gabriel 4
Research Summary
AI-generated summary
NOVA (NVMI) CEO Gabriel Waisman Receives Share Award
What Happened
Gabriel Waisman, CEO & President of NOVA Ltd. (NVMI), was reported to have acquired 7,056 shares on July 1, 2026 as an award/grant (transaction code A) at $0.00 per share (no cash paid). The filing shows this acquisition reflects a mix of ordinary shares and equity awards that include restricted share units (RSUs) and performance stock units (PSUs); two PSU awards vested and settled into shares on July 1, 2026.
Key Details
- Transaction date: July 1, 2026; Filing date: July 2, 2026. Reported consideration: $0.00; total value shown: $0.
- Reported shares acquired: 7,056 shares (award/grant).
- Footnotes summarize composition:
- F1: Includes 5,968 ordinary shares.
- F2–F6: Include multiple RSU tranches (1,500; 6,000; 4,446; 6,710; 3,897) that vest in equal annual installments through 2026–2030 (each RSU converts to one ordinary share on vesting).
- F7 & F8: Represent PSUs that vested and settled into 1,482 and 1,677 ordinary shares, respectively, upon achievement of performance conditions on July 1, 2026.
- Shares owned after the transaction: not specified in the provided excerpt of the Form 4.
- Filing appears to have been submitted the next day (July 2), which is generally within the Form 4 reporting window.
Context
This was a compensation-related award/acquisition (RSUs/PSUs/ordinary shares), not an open-market purchase or sale. RSUs are rights to receive shares upon future vesting (subject to continued service), while PSUs vest only if performance conditions are met—two PSUs did vest and were settled into shares on July 1, 2026. Such grants are standard executive compensation and do not necessarily signal the insider buying or selling stock in the market.