Brenmiller Energy (BNRG) CBO discloses detailed employee stock option holdings

Rhea-AI Filing Summary

Brenmiller Energy Ltd. executive Doron Brenmiller has filed an initial ownership report showing his employee stock option holdings in the company’s ordinary shares. The Form 3 lists several direct option awards, each giving the right to buy specified numbers of shares at fixed exercise prices with future expiration dates.

The disclosed positions include options over ordinary shares with exercise prices such as $6,485, $28.70, $5.09 and $0.07 per share, expiring between 2029 and 2033. Footnotes explain that some exercise prices represent averages across multiple option tranches and that certain grants vest annually or are already fully vested.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Brenmiller Doron

(Last) (First) (Middle)

C/O BRENMILLER ENERGY LTD.

13 AMAL STREET

(Street)

ROSH HAAYIN 4809249

(City) (State) (Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Brenmiller Energy Ltd. [ BNRG ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Business Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock option (right to buy)	02/28/2025	02/28/2032	Ordinary shares	213(1)	$6,485(3)	D
Employee stock option (right to buy)	05/09/2024	05/09/2033	Ordinary shares	146(1)	$28.7	D
Employee stock option (right to buy)	08/08/2024	08/07/2029	Ordinary shares	590(1)	$0.35	D
Employee stock option (right to buy)	01/12/2025	01/12/2030	Ordinary shares	624(1)	$0.35	D
Employee stock option (right to buy)	09/25/2028	09/24/2030	Ordinary shares	27,711(2)	$5.09(4)	D
Employee stock option (right to buy)	12/29/2025	12/28/2030	Ordinary shares	6,486(1)	$0.07	D

Explanation of Responses:

1. Fully vested.

2. The options were granted on September 25, 2025, and vest on a yearly basis for three years from the date of grant.

3. Exercise price is calculated as the average of the exercise prices of the options granted, with (i) 71 options exercisable at an exercise price of $4,322; (ii) 71 options exercisable at an exercise price of $6,485; and (iii) 71 options exercisable at an exercise price of $8,648.

4. Exercise price is calculated as the average of the exercise prices of the options granted, with (i) 18,474 options exercisable at an exercise price of $0.07 and (ii) 9,237 options exercisable at an exercise price of $15.12.

	/s/ Brenmiller, Doron	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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* Form 3: SEC 1473 (03-26)

FAQ

What does Brenmiller Energy (BNRG) disclose in Doron Brenmiller’s Form 3?

The filing reports Chief Business Officer Doron Brenmiller’s existing employee stock option holdings in Brenmiller Energy ordinary shares. It details the number of underlying shares, exercise prices, vesting terms, and expiration dates for each option grant, without showing any recent purchases or sales.

How many Brenmiller Energy (BNRG) option positions does Doron Brenmiller report?

The Form 3 lists six separate employee stock option positions over Brenmiller Energy ordinary shares. Each line reflects a different grant, with its own exercise price, expiration date, and underlying share amount, giving a snapshot of his derivative-based equity exposure as of the reporting date.

What exercise prices are shown for Doron Brenmiller’s BNRG stock options?

The disclosed options carry exercise prices including $6,485, $28.70, $5.09, $0.35 and $0.07 per share. Footnotes state that some exercise prices are calculated as averages of multiple option tranches granted at different strike prices, rather than single, uniform grant prices.

When do Doron Brenmiller’s Brenmiller Energy (BNRG) options expire?

The reported employee stock options over Brenmiller Energy ordinary shares expire on dates ranging from 2029 through 2033. Each option grant has a specific expiration date, reflecting the original grant terms and providing a multi‑year window in which the options can potentially be exercised.

What vesting terms are described for Doron Brenmiller’s BNRG options?

Footnotes indicate that at least one option grant is fully vested, meaning all underlying shares are currently exercisable. Another grant was awarded on September 25, 2025 and vests annually over three years, creating a staggered schedule as additional portions become exercisable each year.

Does Doron Brenmiller’s Form 3 show Brenmiller Energy (BNRG) share purchases or sales?

The Form 3 functions as an initial ownership statement and shows option holdings, not recent trades. The transactions are coded as holdings with unknown transaction codes, and the summary data record zero buy, sell, exercise, gift, or tax‑withholding events in this disclosure.