Ceragon director granted shares and options

Ceragon Networks Ltd director David Ripstein reported equity compensation awards.

Rhea-AI Filing Summary

Ceragon Networks Ltd director David Ripstein reported equity compensation awards. On 05/22/2026 and 05/23/2026, he received fully vested restricted stock units that were automatically settled into 6,520 and 14,750 ordinary shares, respectively, at no cash cost.

He was also granted stock options for 13,030 ordinary shares at an exercise price of $2.79 per share expiring on 05/22/2032, and options for 29,500 ordinary shares at $2.80 per share expiring on 05/23/2032. Following these grants, he directly holds 46,760 ordinary shares, plus the newly awarded options.

Insider Trade Summary

Grant/Award: 63,800 shares

Grant/Award 4 txns

Insider Ripstein David

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	29,500	$0.00	$0.00
Grant/Award	Ordinary Shares	14,750	$0.00	$0.00
Grant/Award	Stock Option (Right to Buy)	13,030	$0.00	$0.00
Grant/Award	Ordinary Shares	6,520	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 42,530 contracts (Direct); Ordinary Shares — 46,760 shares (Direct)

Footnotes (4)

1. F1. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Ceragon Networks Ltd. (the "Company"). The RSUs were fully vested upon grant and were automatically settled in ordinary shares on the grant date 05/22/2026.
2. F2. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Ceragon Networks Ltd. (the "Company"). The RSUs were fully vested upon grant and were automatically settled in ordinary shares on the grant date 05/23/2026.
3. F3. The Reporting Person was granted stock options to purchase ordinary shares of Ceragon Networks Ltd. (the "Company"). The options were fully vested and immediately exercisable on the grant date 05/22/2026
4. F4. The Reporting Person was granted stock options to purchase ordinary shares of Ceragon Networks Ltd. (the "Company"). The options were fully vested and immediately exercisable on the grant date 05/23/2026

Key Figures

RSU shares 05/22/2026: 6,520 shares RSU shares 05/23/2026: 14,750 shares Shares held after 05/23/2026: 46,760 shares +2 more

5 metrics

RSU shares 05/22/2026 6,520 shares Ordinary shares from fully vested RSUs settled on 05/22/2026

RSU shares 05/23/2026 14,750 shares Ordinary shares from fully vested RSUs settled on 05/23/2026

Shares held after 05/23/2026 46,760 shares Total direct ordinary shares following the latest RSU grant

Option grant 05/22/2026 13,030 options at $2.79 Stock options for ordinary shares, expiring 05/22/2032

Option grant 05/23/2026 29,500 options at $2.80 Stock options for ordinary shares, expiring 05/23/2032

Key Terms

restricted stock units ("RSUs"), stock options, immediately exercisable, exercise price

4 terms

restricted stock units ("RSUs") financial

"The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

stock options financial

"The Reporting Person was granted stock options to purchase ordinary shares of Ceragon Networks Ltd."

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

immediately exercisable financial

"The options were fully vested and immediately exercisable on the grant date 05/22/2026"

exercise price financial

"conversion_or_exercise_price": "2.8000""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Ceragon Networks (CRNT) report for David Ripstein?

Ceragon Networks reported that director David Ripstein received equity compensation awards, including new ordinary shares and stock options. These are grants and not open-market purchases or sales, reflecting compensation rather than a trading decision in Ceragon’s stock.

How many Ceragon Networks (CRNT) shares did David Ripstein receive in this Form 4?

David Ripstein received 6,520 ordinary shares on 05/22/2026 and 14,750 ordinary shares on 05/23/2026 through fully vested RSU grants. After these awards, his direct ordinary share holdings increased to 46,760 shares, according to the Form 4 disclosure.

What stock options were granted to David Ripstein by Ceragon Networks (CRNT)?

He was granted 13,030 stock options with a $2.79 exercise price expiring 05/22/2032 and 29,500 options with a $2.80 exercise price expiring 05/23/2032. The options were fully vested and immediately exercisable on their respective grant dates.

Are the Ceragon Networks (CRNT) insider transactions open-market trades?

No. The Form 4 shows code A transactions, described as grants or awards. The shares came from restricted stock units and stock option grants that were fully vested, representing compensation arrangements rather than open-market buying or selling of Ceragon stock.

How many Ceragon Networks (CRNT) shares does David Ripstein hold after these grants?

Following the reported grants, David Ripstein directly holds 46,760 ordinary shares of Ceragon Networks. He also holds newly granted stock options for 13,030 and 29,500 underlying ordinary shares, which are fully vested and exercisable at their stated strike prices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 07:43 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ripstein David

(Last) (First) (Middle)

7 MIZAN ST.

(Street)

TEL AVIV

(City) (State) (Zip)

ISRAEL

(Country)

2. Issuer Name and Ticker or Trading Symbol
CERAGON NETWORKS LTD [ CRNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/22/2026		A(1)		6,520	A	$0	32,010	D
Ordinary Shares	05/23/2026		A(2)		14,750	A	$0	46,760	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$2.79	05/22/2026		A(3)		13,030		05/22/2026	05/22/2032	Ordinary Shares	13,030	$0	13,030	D
Stock Option (Right to Buy)	$2.8	05/23/2026		A(4)		29,500		05/23/2026	05/23/2032	Ordinary Shares	29,500	$0	29,500	D

Explanation of Responses:

1. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Ceragon Networks Ltd. (the "Company"). The RSUs were fully vested upon grant and were automatically settled in ordinary shares on the grant date 05/22/2026.

2. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Ceragon Networks Ltd. (the "Company"). The RSUs were fully vested upon grant and were automatically settled in ordinary shares on the grant date 05/23/2026.

3. The Reporting Person was granted stock options to purchase ordinary shares of Ceragon Networks Ltd. (the "Company"). The options were fully vested and immediately exercisable on the grant date 05/22/2026

4. The Reporting Person was granted stock options to purchase ordinary shares of Ceragon Networks Ltd. (the "Company"). The options were fully vested and immediately exercisable on the grant date 05/23/2026

	/s/ Netta Cohen on behalf of Oppenheimer Israel, as Attorney-in-fact	05/26/2026
	** 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 4 (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 4: SEC 1474 (03-26)