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Brenmiller Energy (BNRG) director lists indirect stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Brenmiller Energy Ltd. director Michael Korner filed an initial ownership report showing an indirect holding of stock options. These options, held through M Korner Ltd., relate to 857 underlying ordinary shares with an exercise price of $29.05 per share and expire on December 5, 2029.

The options were granted on December 5, 2024 and vest annually over three years from the grant date. This filing does not report any share purchases or sales, only the existing option position and its vesting and ownership structure.

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SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Korner Michael

(Last)(First)(Middle)
C/O BRENMILLER ENERGY LTD.
13 AMAL STREET

(Street)
ROSH HAAYIN4809249

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 ExercisableExpiration DateTitleAmount or Number of Shares
Stock option (right to buy)12/05/202712/05/2029Ordinary shares857(1)$29.05IM Korner Ltd.(2)
Explanation of Responses:
1. The options were granted on December 5, 2024, and vest on a yearly basis for three years from the date of grant.
2. The reported securities are held by M Korner Ltd., which is wholly owned and controlled by the Reporting Person. The Reporting Person may be deemed to beneficially own the securities held by M Korner Ltd.
/s/ Korner, Michael03/18/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Brenmiller Energy (BNRG) director Michael Korner report in this Form 3?

The Form 3 shows Michael Korner’s initial beneficial ownership in Brenmiller Energy via stock options held indirectly through M Korner Ltd. It discloses grant terms, vesting schedule, exercise price, and the 857 underlying ordinary shares tied to these options.

How many Brenmiller Energy (BNRG) shares underlie Michael Korner’s reported options?

The reported stock options are exercisable into 857 underlying ordinary shares of Brenmiller Energy. This figure reflects the option-linked share amount disclosed, providing a clear view of the director’s potential equity exposure through this specific option grant.

What are the key terms of Michael Korner’s Brenmiller Energy (BNRG) stock options?

The options were granted on December 5, 2024, vest annually over three years, carry an exercise price of $29.05 per share, and expire on December 5, 2029. These terms define when and how the director may convert the options into ordinary shares.

How are Michael Korner’s Brenmiller Energy (BNRG) options held according to the filing?

The filing states the options are held by M Korner Ltd., which is wholly owned and controlled by Michael Korner. He may be deemed to beneficially own the securities held by M Korner Ltd., indicating indirect ownership of the option position.

Does this Brenmiller Energy (BNRG) Form 3 show any share purchases or sales?

No, the Form 3 does not report any purchases or sales of Brenmiller Energy shares. It solely discloses an existing stock option grant, its vesting schedule, exercise price, expiration date, and indirect ownership through M Korner Ltd.
Brenmiller Energy Ltd

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