Ocean Allyson J 4
4 · NovoCure Ltd · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
NovoCure (NVCR) Director Ocean Allyson J Receives Stock Awards
What Happened
- Ocean Allyson J, a director of NovoCure Ltd (NVCR), received grants on 2026-06-03 totaling 28,609 awards: 11,610 restricted stock units (RSUs) and 16,999 derivative awards. Both grants were reported at $0.00 per share (no cash paid). These are compensation awards, not open‑market purchases or sales.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (appears timely).
- Grants reported:
- 11,610 RSUs (reported as acquisition A) — $0.00 per share.
- 16,999 derivative awards (reported as acquisition A, derivative) — $0.00 per share.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes:
- F1: RSUs scheduled to vest 100% on the earlier of (i) first anniversary of the grant or (ii) the day before the Company’s 2027 annual meeting.
- F2: Options to buy ordinary shares will fully vest on the earlier of (i) first anniversary of the grant or (ii) the day before the 2027 annual meeting.
- Transaction type code: A = Award/Grant. No indication of tax withholding, 10b5‑1 plan, or late filing in the report.
Context
- These awards are compensation grants. RSUs and the noted derivative (options) vest based on the schedule in the footnotes; the filing reports no immediate sale or purchase of shares.
- Because no cash was paid and the awards typically vest over time, this is not a market signal like an open‑market buy or sale but rather insider compensation disclosure.
Insider Transaction Report
Form 4
NovoCure LtdNVCR
Ocean Allyson J
Director
Transactions
- Award
Ordinary Shares
[F1]2026-06-03+11,610→ 22,934 total - Award
Stock Option (Right to Buy)
[F2]2026-06-03+16,999→ 16,999 totalExercise: $16.15From: 2027-06-03Exp: 2036-06-03→ Ordinary Shares (16,999 underlying)
Footnotes (2)
- [F1]Represents restricted stock units that are scheduled to vest 100% on the earlier of the following dates: (i) the first anniversary of the grant date or (ii) the day immediately preceding the Company's 2027 annual general meeting of shareholders.
- [F2]Options to buy ordinary shares will fully vest and become exercisable on the earlier of the following dates: (i) the first anniversary of the grant date or (ii) the day immediately preceding the Company's 2027 annual general meeting of shareholders.
Signature
Steven Robbins, as attorney in fact for Ocean, Allyson J.|2026-06-05