Cognyte (CGNT) director Ron Shvili reports 75,853-share stake with RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cognyte Software Ltd. director Ron Shvili filed an initial ownership report showing beneficial ownership of 75,853 Ordinary Shares. This includes time-based restricted share units that convert into shares if vesting conditions are met.
The holdings include 7,263 Ordinary Shares represented by RSUs granted on May 1, 2024, with 3,632 vesting on May 1, 2026 and 3,631 vesting on May 1, 2027. They also include 19,048 Ordinary Shares represented by RSUs granted on March 24, 2025 that vest on March 24, 2026, and 20,974 Ordinary Shares represented by RSUs granted on March 16, 2026 that vest in four equal quarterly installments over the following year.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shvili Ron
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 75,853 shares (Direct)
Footnotes (1)
- Includes 7,263 Ordinary Shares that are represented by restricted share units ("RSUs") that were granted on May 1, 2024, of which 3,632 vest on May 1, 2026 and 3,631 vest on May 1, 2027. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement. Includes 19,048 Ordinary Shares that are represented by RSUs that were granted on March 24, 2025, all of which vest on March 24, 2026. Includes 20,974 Ordinary Shares that are represented by RSUs that were granted on March 16, 2026, and will vest in four equal quarterly installments over a one-year period following the grant date.
FAQ
What does Cognyte (CGNT) director Ron Shvili report owning on this Form 3?
Ron Shvili reports beneficial ownership of 75,853 Ordinary Shares of Cognyte Software Ltd. This total includes both currently held shares and multiple grants of restricted share units that will convert into Ordinary Shares as they vest over time.
What are the vesting terms of Ron Shvili’s March 24, 2025 RSUs in Cognyte (CGNT)?
The March 24, 2025 RSU grant represents 19,048 Ordinary Shares. All of these RSUs vest on March 24, 2026. Once vested, each restricted share unit entitles the holder to receive one Cognyte Ordinary Share upon settlement, subject to plan terms.
How do the March 16, 2026 RSUs for Cognyte (CGNT) director Ron Shvili vest?
The March 16, 2026 RSU grant represents 20,974 Ordinary Shares. These RSUs vest in four equal quarterly installments over the one-year period following March 16, 2026, gradually delivering Ordinary Shares as each quarterly tranche vests and is settled.
Does this Cognyte (CGNT) Form 3 show any insider buying or selling activity?
This Form 3 is an initial ownership report and does not reflect any buy or sell transactions. It simply discloses Ron Shvili’s existing holdings, including time-based RSU awards, rather than recording new market purchases or sales of Cognyte shares.