Alarum (NASDAQ: ALAR) CFO Shai Avnit reports sizable equity holdings on Form 3
Rhea-AI Filing Summary
Alarum Technologies Ltd. Chief Financial Officer Shai Avnit filed an initial ownership report showing a substantial equity stake in the company. He directly holds 450,000 Ordinary Shares, along with stock options and restricted share units that can convert into additional Ordinary Shares over time.
Avnit holds stock options over 19,583 Ordinary Shares at an exercise price of $1.282 per share expiring on August 25, 2031, and options over 350,004 Ordinary Shares at an exercise price of $0.407 per share expiring on November 28, 2032. Footnotes state these options were granted in 2021 and 2022 and are fully vested.
His position also includes RSUs that vest in quarterly installments of 12,500 Ordinary Shares, including 50,000 Ordinary Shares vesting through January 19, 2027, 87,500 Ordinary Shares vesting through October 19, 2027, and 125,000 Ordinary Shares vesting through July 19, 2028. This Form 3 does not report new trades but establishes his existing equity-based compensation and ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Includes (i) 50,000 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") in 4 equal quarterly installments of 12,500 Ordinary Shares through January 19, 2027; and (ii) 87,500 Ordinary Shares issuable upon the vesting of RSUs through October 19, 2027 in 7 equal quarterly installments of 12,500 Ordinary Shares; and (iii) 125,000 Ordinary Shares issuable upon the vesting of RSUs through July 19, 2028 in 10 equal quarterly installments of 12,500 Ordinary Shares. The options were granted with an exercise price of NIS 4.00 and have been converted based on the ratio of $1.282 as of March 16, 2026. The options were granted on August 25, 2021 and fully vested as of August 25, 2024. The options were granted with an exercise price of NIS 1.27 and have been converted based on the ratio of $0.407 as of March 16, 2026 The options were granted on November 28, 2022 and fully vested as of November 28, 2025.
