Research Summary
AI-generated summary of this SEC filing
NICE Director Simon Zehava Exercises Options (554 Shares)
What Happened
- Simon Zehava, a director of NICE Ltd. (NICE), exercised stock options on 2026-08-13 to acquire 554 shares at an exercise price of $0.31 per share, paying $170 in total. The filing also shows 554 shares disposed at $0.00 (derivative), recorded the same day and reported on the Form 4.
- This transaction is an option exercise (code M). It is not a typical open-market purchase or sale — the acquisition resulted from exercising vested options, while the simultaneous zero-price disposition is consistent with shares being withheld or surrendered in settlement of the exercise.
Key Details
- Transaction date: 2026-08-13. Exercise price: $0.31; value paid: $170. Disposition: 554 shares @ $0.00 (derivative).
- Shares owned after the transaction: Not reported in this filing.
- Footnote: The stock option is fully vested and currently exercisable (F1).
- Filing timeliness: No indication of a late filing in the report (filed 2026-08-14).
Context
- For retail investors: Option exercises are common for insiders when options are vested. A simultaneous zero-price disposition typically reflects withholding/surrender to cover taxes or exercise settlement rather than an open-market sale; the filing does not show a cash sale for proceeds.
- This transaction is informational about insider equity activity; it should not be taken alone as a buy/sell signal.