4Filed Aug 9, 8:00 PM ET
NICE VP Dayan Udi Yehuda Sells 500 Shares, Exercises Options
$NICE · NICE Ltd.Research Summary
AI-generated summary of this SEC filing
NICE VP Dayan Udi Yehuda Sells 500 Shares, Exercises Options
What Happened
- Dayan Udi Yehuda, Vice President, Corporate Finance at NICE Ltd. (NICE), exercised stock options and sold shares on August 7, 2026. The filing shows he acquired 500 shares through option exercise at $0.31 per share (reported cost $153) and sold 500 shares in an open-market transaction at $100.00 per share for proceeds of $50,000. The report also lists an additional exercise/conversion of 500 shares recorded as disposed with $0.00 consideration.
Key Details
- Transaction date: August 7, 2026; Form 4 filed August 10, 2026.
- Exercise: 500 shares at $0.31 each (total reported cost $153).
- Sale: 500 shares sold on open market at $100.00 each (total proceeds $50,000).
- Additional entry: 500 shares exercised/converted and reported as disposed at $0.00.
- Shares owned after transaction: not specified in this filing.
- Footnote: F1 notes the option exercised was fully vested and exercisable.
- No late-filing flag is indicated in the filing.
Context
- This combination of option exercise followed by a sale often reflects a cashless or partial cashless exercise where exercised shares are sold immediately to cover costs or lock in proceeds; the filing shows both the exercise and the open-market sale separately. The $0.00 disposed line may reflect a non-cash internal transfer or net settlement event recorded on the Form 4 (the filing does not explain the zero consideration). Sales by executives can be routine and do not, by themselves, indicate company performance.