VERNON W ANTHONY 4
4 · NovoCure Ltd · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
NovoCure (NVCR) Director Vernon W. Anthony Sells 2,945 Shares
What Happened
- Vernon W. Anthony, a director of NovoCure Ltd (NVCR), sold 2,945 shares on 2026-06-02 for a weighted average price of $15.77, generating approximately $46,445 in proceeds. The filing reports the sale as an open-market/private sale (Code S) and is a sell-to-cover tied to RSU vesting rather than a discretionary trade.
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-03 (timely).
- Price: weighted average $15.77; execution range $15.65–$15.88 (multiple trades) — see footnote F2.
- Shares sold: 2,945; proceeds ≈ $46,445.
- Shares owned after the transaction: not disclosed in this Form 4.
- Footnote F1: Sale was required to satisfy tax withholding obligations on vested Restricted Stock Units (i.e., a mandated "sell-to-cover"), not a voluntary sale.
- Transaction code: S = Sale; filing shows no indication of a 10b5-1 plan or late filing.
Context
- Sell-to-cover transactions are routine when RSUs vest and typically reflect tax-withholding mechanics rather than an insider signaling a view on the stock. This transaction does not, by itself, indicate insider confidence or concern.
Insider Transaction Report
Form 4
NovoCure LtdNVCR
VERNON W ANTHONY
Director
Transactions
- Sale
Ordinary Shares
[F1][F2]2026-06-02$15.77/sh−2,945$46,445→ 197,657 total
Footnotes (2)
- [F1]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units. This sale is mandated by the issuer's award agreement under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F2]This transaction was executed in multiple trades at prices ranging from $15.65 USD to $15.88 USD; the price reported above reflects the weighted average sale price.
Signature
Steven Robbins, as attorney in fact for Vernon, W. Anthony|2026-06-03