Alarum (NASDAQ: ALAR) director receives 75,000 RSU award and reports indirect stake
Rhea-AI Filing Summary
Rubinstein Avraham reported acquisition or exercise transactions in this Form 4 filing.
Alarum Technologies director Avraham Rubinstein reported an equity compensation grant and his current holdings. On May 27, 2026, he was granted 75,000 restricted share units (RSUs), each representing one ordinary share at no purchase price. The RSUs vest over three years, with 12,500 RSUs vesting on January 19, 2027, and the remaining units vesting in 10 equal quarterly installments of 6,250 RSUs through July 19, 2029. After this grant, Rubinstein holds 75,000 ordinary shares directly and 225,000 ordinary shares indirectly through Ilanor Ltd., for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
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Negative
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Insights
Routine three-year RSU grant increases director’s equity stake without cash buying.
Director Avraham Rubinstein received 75,000 RSUs in Alarum Technologies Ltd. on May 27, 2026. The grant carries a zero purchase price, reflecting stock-based compensation rather than an open-market share purchase.
The RSUs vest gradually: 12,500 on January 19, 2027, then 10 quarterly installments of 6,250 through July 19, 2029. This schedule encourages longer-term board alignment but does not inject new cash into the company, as it is a non-cash award.
The filing also shows 225,000 ordinary shares held indirectly via Ilanor Ltd., which is associated with Rubinstein’s spouse. He disclaims beneficial ownership beyond his pecuniary interest, so the economic exposure partly depends on that indirect stake. Overall, the activity appears as standard director compensation and updated ownership disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 75,000 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- On May 27, 2026, the Reporting Person was granted 75,000 restricted share units ("RSUs") of the Issuer, vesting over three years, with 12,500 RSUs vesting on January 19, 2027, and the rest of RSUs vesting in 10 equal quarterly installments of 6,250 RSUs through July 19, 2029. Each RSU represents the right to receive one ordinary share, no par value per share. These securities are owned by Ilanor Ltd. ("Ilanor"). Mr. Rubinstein's 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.