Boaz Schwartz (NASDAQ: ARBE) details option and share stakes
Rhea-AI Filing Summary
Arbe Robotics Ltd. director Boaz Schwartz filed an initial ownership report detailing his equity interests. He holds stock options over 81,589, 40,000 and 120,000 ordinary shares with exercise prices of $8.0000, $2.8730 and $1.3130, expiring on November 7, 2031, August 7, 2023 and September 17, 2035.
The options were granted on November 7, 2021, August 7, 2023 and September 17, 2025, with various portions already vested and the remainder vesting in scheduled installments, subject to his continued service. He also reports indirect ownership of 298,619 ordinary shares held in a Geneva Insurance Group (Barbados) Inc. separate account for a master trust where he is an indirect beneficiary and one of three investment committee members without independent control.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Consists of shares held by Geneva Insurance Group (Barbados) Inc. in respect of Separate Account 2020-418-VUL (the "Account"), which account is held for the benefit of a trust (the "Master Trust"), of which the Reporting Person, alongside others, is an indirect beneficiary. Accordingly, Mr. Schwarz may be deemed to have an indirect beneficial ownership interest with respect to the shares. Furthermore, the Reporting Person is one of three members of the investment committee of the Master Trust, which holds the Account. The investment committee operates by majority, and the Reporting Person does not have any independent control of the investment committee and may only act with the vote of one or more of the other members of the Investment Committee. Stock options were granted on November 7, 2021, and were fully vested as of October 30, 2024. Stock options were granted on August 7, 2023, with 33,333 options vested as of February 7, 2026 and the remaining 6,667 options vesting in two equal three month installments commencing on May 7, 2026 subject to the Reporting Person's continued service to the Issuer or its subsidiaries through each vesting date. Stock options were granted on September 17, 2025, with 20,000 options vested as of March 17, 2026 and the remaining 100,000 options vesting in ten equal three month installments commencing on June 17, 2026 subject to the Reporting Person's continued service to the Issuer or its subsidiaries through each vesting date.