03/18/2026 | Press release | Distributed by Public on 03/18/2026 06:25
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Stock options | (5) | 08/08/2034 | Ordinary Shares | 31,421 | $12.73 | D | |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Shavit Sigalit 94 SHLOMO SHMELZER ROAD PETAH TIKVA 4970602 |
Chief Information Officer | |||
| /s/ Sigalit Shavit | 03/18/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Includes 19,560 Ordinary Shares that are represented by restricted share units ("RSUs") that were granted on August 8, 2024, of which 1,956 vest on each of May 8, 2026 and every three months thereafter through August 8, 2028. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement. |
| (2) | Includes 3,132 Ordinary Shares that are represented by RSUs that were granted on February 11, 2025, of which 261 vest on each of May 11, 2026 and every three months thereafter through February 11, 2029. |
| (3) | Includes 11,740 Ordinary Shares that are represented by performance share units ("PSUs") that were granted on August 8, 2024, and vest based on the Issuer meeting certain total shareholder return thresholds for 60 consecutive trading days through August 8, 2028. Each PSU represents a contingent right to receive one Ordinary Share of the Issuer upon vesting and settlement. |
| (4) | Includes 31,593 Ordinary Shares that are represented by RSUs that were granted on February 10, 2026 and vest as follows: 7,905 vest on the one year anniversary of the grant date and 1,974 vest every three months thereafter through February 10, 2030. |
| (5) | Of these stock options, 11,791 are fully vested and exercisable and 1,963 vest on each of May 8, 2026 and every three months thereafter through August 8, 2028. |