Ceragon Networks (CRNT) CRO Ben-Hamou details initial share and stock option positions
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ceragon Networks Chief Revenue Officer Ronen Ben-Hamou filed an initial ownership report showing direct holdings of ordinary shares and stock options. He holds stock options over 45,957 ordinary shares at an exercise price of $2.0400, 29,100 shares at $2.5800, and 40,636 shares at $3.0020. Related restricted stock units and options generally vest in multi‑year schedules, with initial vesting dates on December 4, 2024, August 5, 2025, and March 24, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
BEN-HAMOU RONEN
Role
Chief Revenue 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 | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 45,957 shares (Direct);
Ordinary Shares — 22,978 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 12/04/2024 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 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 40% on the first year (03/24/2026 ) and the remaining 60% vest in two equal yearly installments 30% each year, 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 (12/04/2024 ) 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 the Ceragon Networks (CRNT) Form 3 filing show for Ronen Ben-Hamou?
The Form 3 shows Chief Revenue Officer Ronen Ben-Hamou’s initial ownership in Ceragon Networks, including ordinary shares and multiple stock option awards, each tied to specified exercise prices and long-term vesting schedules contingent on his continued service with the company.
What stock options does Ceragon CRO Ronen Ben-Hamou hold according to the Form 3?
Ronen Ben-Hamou holds stock options over 45,957 ordinary shares at $2.0400, 29,100 shares at $2.5800, and 40,636 shares at $3.0020. These options provide potential future share ownership if exercised after vesting conditions are met.
How do Ronen Ben-Hamou’s RSUs vest at Ceragon Networks (CRNT)?
His restricted stock units each represent a right to one ordinary share and generally vest in four equal annual installments of 25% per year, beginning on specified dates, provided he continues serving Ceragon Networks or its subsidiaries through each vesting date.
What is the vesting structure of Ronen Ben-Hamou’s stock options at Ceragon Networks?
The options typically vest 25% on the first anniversary of the grant date, with the remaining 75% vesting in twelve equal quarterly installments over three years, subject to his continued service through each vesting date at Ceragon Networks or its subsidiaries.
Does the Ceragon (CRNT) Form 3 indicate any insider buying or selling by Ronen Ben-Hamou?
The Form 3 is an initial ownership report and does not show any explicit insider buying or selling transactions. It lists existing holdings of ordinary shares, stock options, and restricted stock units together with their vesting and exercise terms.
When do key equity awards for Ceragon CRO Ronen Ben-Hamou start vesting?
Key equity awards begin vesting on December 4, 2024, August 5, 2025, and March 24, 2026, depending on the specific RSU or option grant, as long as Ronen Ben-Hamou continues providing service to Ceragon Networks or its subsidiaries.