Ceragon Networks (CRNT) CFO discloses initial equity holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ceragon Networks Ltd. Chief Financial Officer Ronen Stein filed an initial ownership report showing his direct equity interests in the company. He reports stock options over 101,590 ordinary shares at an exercise price of $1.9307 expiring on January 1, 2029, 11,640 shares at $2.5800 expiring on August 5, 2030, and 26,985 shares at $3.0020 expiring on March 24, 2031. He also holds ordinary shares directly, including 50,795, 5,820 and 13,492 shares. Footnotes state that related restricted stock units and options vest 25% after the first year and the remaining 75% in twelve equal quarterly installments, conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
STEIN RONEN
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 101,590 shares (Direct);
Ordinary Shares — 50,795 shares (Direct)
Footnotes (1)
- The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one ordinary share of Ceragon Networks Ltd. (the "Company"). The RSUs vest in four equal annual installments (25% per year) commencing on 01/01/2024 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one ordinary share of Ceragon Networks Ltd. (the "Company"). The RSUs vest in four equal annual installments (25% per year) commencing on 08/05/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one ordinary share of Ceragon Networks Ltd. (the "Company"). The RSUs vest in four equal annual installments (25% per year) commencing on 03/24/2026 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Options vest 25% on the first year (01/01/2024) and the remaining 75% vest in twelve equal quarterly installments over a three-year period, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Options vest 25% on the first year (08/05/2025) and the remaining 75% vest in twelve equal quarterly installments over a three-year period, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Options vest 25% on the first year (03/24/2026) and the remaining 75% vest in twelve equal quarterly installments over a three-year period, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
FAQ
What does Ceragon Networks (CRNT) CFO Ronen Stein report on this Form 3?
He reports his initial equity holdings in Ceragon Networks, including stock options and ordinary shares. This Form 3 filing discloses his existing ownership as a new reporting insider rather than new market transactions or trades.
How many Ceragon Networks stock options does the CFO hold according to the filing?
The filing lists stock options over 101,590 ordinary shares at $1.9307, 11,640 shares at $2.5800, and 26,985 shares at $3.0020. Each option series has its own expiration date between 2029 and 2031.
How do the Ceragon Networks CFO’s equity awards vest under this filing?
Footnotes state that options and related restricted stock units vest 25% after the first year, with the remaining 75% vesting in twelve equal quarterly installments. Vesting depends on the CFO’s continued service with Ceragon Networks or its subsidiaries at each vesting date.