Alarum (NASDAQ: ALAR) legal counsel details initial holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Alarum Technologies Ltd. legal counsel Weiss Omer filed an initial ownership report showing existing equity holdings rather than new trades. The filing lists direct holdings of Ordinary Shares totaling 275,440 and a position in American Depositary Receipts representing 25,420 underlying Ordinary Shares. It also notes additional Ordinary Shares issuable over time through restricted share units that vest in scheduled quarterly installments through 2028, giving Omer a mix of current ownership and time-based equity incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Weiss Omer
Role
Legal Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depositary Receipts | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Receipts — 25,420 shares (Direct);
Ordinary Shares — 275,440 shares (Direct)
Footnotes (1)
- Includes (i) 41,670 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") through April 19, 2027 in 5 equal quarterly installments of 8,334 Ordinary Shares; (ii) 29,169 Ordinary Shares, issuable upon the vesting of RSUs, through October 19, 2027 in 7 equal quarterly installments of 4,167 Ordinary Shares; and (iii) 83,340 Ordinary Shares, issuable upon the vesting of RSUs, through July 19, 2028 in 10 equal quarterly installments of 8,334 Ordinary Shares. Each RSU represents the right to receive one Ordinary Share. The Issuer's securities are listed as American Depository Shares ("ADS"), where one ADS represents 10 Ordinary Shares.
FAQ
What does Alarum (ALAR) legal counsel Weiss Omer report in this Form 3?
Weiss Omer reports existing equity holdings in Alarum Technologies, not a new trade. The filing shows direct ownership of 275,440 Ordinary Shares plus a position in American Depositary Receipts tied to 25,420 underlying Ordinary Shares, establishing Omer’s baseline stake as of the reported date.
Does this Alarum (ALAR) Form 3 show any insider buying or selling by Weiss Omer?
No specific buying or selling transactions are identified. The entries are categorized as holdings, with transaction direction fields marked as unknown. The disclosure’s main purpose is to record Omer’s initial ownership position rather than report new market purchases or sales.