Nova's CTO Sells Nearly 4,000 Shares for $1.4 Million
Shay Wolfing, Chief Technology Officer at Nova Ltd., sold nearly 3,864 shares of the company on September 21, 2026, generating approximately $1.4 million in proceeds according to an SEC Form 4 filing. The transaction represented about 15% of his direct shareholding and was executed just below the stock's closing price that day ($362.81). Wolfing still holds over 21,000 shares directly and has additional equity exposure through restricted stock units (RSUs) set to vest until 2030. Nova Ltd., a leader in semiconductor process control systems and metrology platforms, reported strong financial performance with trailing twelve-month revenue of $937.5 million and net income of $270.4 million as of September 21, 2026. The company's stock had returned 17% over the past year but was trading well below its 52-week high at that time. Despite this decline in share price, Nova announced a new $200 million share repurchase program to signal confidence in its long-term value.
Tickers: $NVMI