Alarum (NASDAQ: ALAR) director details indirect share and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Alarum Technologies director Rubinstein Avraham filed an initial ownership report showing indirect stakes in the company. He is reported as indirectly holding 225,000 Ordinary Shares and stock options over 34,808 Ordinary Shares at an exercise price of $0.484 per share, expiring on November 8, 2029. The Ordinary Share figure includes 125,000 shares issuable from RSUs vesting in quarterly installments through July 19, 2028. These securities are owned by Ilanor Ltd., in which Mr. Rubinstein’s spouse indirectly owns 49.9%, and he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rubinstein Avraham
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to buy) — 34,808 shares (Indirect, See Footnote);
Ordinary Shares — 225,000 shares (Indirect, See Footnote)
Footnotes (1)
- Includes (i) 18,750 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") through October 19, 2026 in 3 equal quarterly installments of 6,250 Ordinary Shares; (ii) 43,750 Ordinary Shares, issuable upon the vesting of RSUs, through October 19, 2027 in 7 equal quarterly installments of 6,250 Ordinary Shares; and (iii) 62,500 Ordinary Shares, issuable upon the vesting of RSUs, through July 19, 2028 in 10 equal quarterly installments of 6,250 Ordinary Shares. Each RSU represents the right to receive one Ordinary Share. The securities are owned by Ilanor Ltd. ("Ilanor"). Mr. Rubinstein spouse indirectly owns 49.9% in Ilanor, and, therefore, Mr. Rubinstein may be deemed to beneficially own securities owned by Ilanor, to the extent of his spouse's pecuniary interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The options were granted with an exercise price of NIS 1.510 and have been converted based on the ratio of $0.484 as of March 16, 2026. The options were granted on November 8, 2022, and fully vested as of November 8, 2025.
FAQ
What insider holdings did Rubinstein Avraham report in Alarum (ALAR) Form 3?
Rubinstein Avraham reported indirect ownership of 225,000 Ordinary Shares and stock options over 34,808 Ordinary Shares. The options have a $0.484 exercise price and expire on November 8, 2029, providing a detailed view of his indirect economic exposure.
What RSU vesting schedule is disclosed for Alarum (ALAR) in this Form 3?
The filing notes 125,000 Ordinary Shares issuable from RSUs vesting in installments. These vest through October 19, 2026, October 19, 2027, and July 19, 2028, in quarterly blocks of 6,250 shares, each RSU representing one Ordinary Share upon vesting.
What are the key terms of Rubinstein Avraham’s Alarum (ALAR) stock options?
He holds stock options over 34,808 Ordinary Shares with a $0.484 exercise price, expiring on November 8, 2029. Footnotes state the options were granted on November 8, 2022 and fully vested by November 8, 2025, defining a clear exercisable position.
Does Rubinstein Avraham fully own all reported Alarum (ALAR) securities?
No. The filing states he disclaims beneficial ownership of the securities except to the extent of his pecuniary interest. Because they are held by Ilanor Ltd., tied to his spouse’s 49.9% interest, his economic stake is limited accordingly.