Ceragon Networks (CRNT) director discloses option and share holdings

Rhea-AI Filing Summary

Ceragon Networks Ltd director Yael Shaham filed an initial ownership report showing existing equity interests in the company. The filing lists 37,680 Ordinary Shares held directly, including shares issued upon vesting of previously granted RSUs.

Shaham also holds fully vested stock options over Ordinary Shares that are immediately exercisable: 33,333 shares at an exercise price of $1.99 per share expiring on September 7, 2029, 26,790 shares at $3.08 per share expiring on May 23, 2030, and two grants for 14,850 and 33,700 shares at $2.45 per share expiring on May 22 and May 23, 2031.

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^*

Shaham Yael

(Last) (First) (Middle)

SIMCHA HOLTZBERG 8

(Street)

KIRYAT ONO

(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
CERAGON NETWORKS LTD [ CRNT ]

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)

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

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)
Ordinary Shares	37,680(1)	D

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
Stock Option (Right to Buy)	09/08/2023(2)	09/07/2029	Ordinary Shares	33,333	$1.99	D
Stock Option (Right to Buy)	05/23/2024(2)	05/23/2030	Ordinary Shares	26,790	$3.08	D
Stock Option (Right to Buy)	05/22/2025(2)	05/22/2031	Ordinary Shares	14,850	$2.45	D
Stock Option (Right to Buy)	05/23/2025(2)	05/23/2031	Ordinary Shares	33,700	$2.45	D

Explanation of Responses:

1. These shares were issued upon vesting of previously granted RSU's

2. The Stock Options are Fully vested and immediately exercisable

Remarks:

This Form 3 is being filed to report the Reporting Person beneficial ownership of securities of the Issuer as of the date the Reporting Person became subject to the reporting requirements of Section 16 of the Securities Exchange Act of 1934.

	Yael Shaham by: Oppenheimer Israel, as Attorney-in-fact	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).
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 the Ceragon Networks (CRNT) Form 3 filed by Yael Shaham show?

The Form 3 shows director Yael Shaham’s existing holdings in Ceragon Networks, including 37,680 Ordinary Shares and several fully vested stock option grants over additional Ordinary Shares at specified exercise prices and expiration dates.

How many Ceragon Networks (CRNT) Ordinary Shares does Yael Shaham directly own?

Yael Shaham directly owns 37,680 Ordinary Shares of Ceragon Networks. According to the filing, these include shares that were issued upon vesting of previously granted RSUs, reflecting her existing equity stake rather than a new market transaction.

What stock options does Yael Shaham hold in Ceragon Networks (CRNT)?

Yael Shaham holds fully vested options to buy 33,333 shares at $1.99, 26,790 shares at $3.08, and 14,850 plus 33,700 shares at $2.45. Each grant has its own expiration date between 2029 and 2031.

Are Yael Shaham’s Ceragon Networks (CRNT) stock options currently exercisable?

Yes. The filing states that the stock options are fully vested and immediately exercisable. This means Shaham can choose to convert these options into Ordinary Shares at their respective exercise prices any time before their listed expiration dates.

Did the Ceragon Networks (CRNT) Form 3 report any share purchases or sales by Yael Shaham?

No new purchases or sales are reported. The Form 3 for Yael Shaham lists holdings and existing option awards as of the reporting date, rather than recording fresh market transactions like open-market buys or sells.