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Ceragon Networks (CRNT) director granted RSUs and stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ceragon Networks director Yael Shaham reported equity awards consisting of fully vested restricted stock units and stock options in Ceragon Networks Ltd.

On May 22, 2026, Shaham received 6,520 ordinary shares through RSUs that were fully vested and automatically settled in shares on that date, plus stock options for 13,030 ordinary shares at an exercise price of $2.79 per share, immediately exercisable and expiring on May 22, 2032.

On May 23, 2026, Shaham received an additional 14,750 ordinary shares through fully vested RSUs settled in shares that day, plus stock options for 29,500 ordinary shares at an exercise price of $2.80 per share, immediately exercisable and expiring on May 23, 2032. After these awards, Shaham directly holds 58,950 ordinary shares, alongside the newly granted options. These are compensation-related grants rather than open-market purchases or sales.

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Insider Shaham Yael
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 shares (Direct); Ordinary Shares — 58,950 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
RSU shares granted 05/22/2026 6,520 ordinary shares Fully vested RSUs settled in shares on May 22, 2026
RSU shares granted 05/23/2026 14,750 ordinary shares Fully vested RSUs settled in shares on May 23, 2026
Options granted 05/22/2026 13,030 options at $2.79/share Stock options, immediately exercisable, expiring May 22, 2032
Options granted 05/23/2026 29,500 options at $2.80/share Stock options, immediately exercisable, expiring May 23, 2032
Shares held after awards 58,950 ordinary shares Direct holdings following May 23, 2026 transactions
Options held after 05/23/2026 grant 29,500 options Total stock options shown as owned after May 23, 2026
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"
Ordinary Shares financial
"The RSUs were fully vested upon grant and were automatically settled in ordinary shares on the grant date"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transactions did Ceragon Networks (CRNT) report for Yael Shaham?
Ceragon Networks reported that director Yael Shaham received equity awards, including ordinary shares via fully vested RSUs and immediately exercisable stock options. These awards were granted on May 22 and May 23, 2026, as compensation, not open-market purchases or sales.

How many Ceragon Networks (CRNT) shares does Yael Shaham hold after the Form 4?
After the reported awards, Yael Shaham directly holds 58,950 ordinary shares of Ceragon Networks. This total reflects the settlement of fully vested restricted stock units granted on May 22 and May 23, 2026, in addition to prior holdings.

What stock options were granted to Yael Shaham by Ceragon Networks (CRNT)?
Yael Shaham received options for 13,030 ordinary shares at $2.79 per share and 29,500 ordinary shares at $2.80 per share. All options are fully vested, immediately exercisable, and expire on May 22 and May 23, 2032, respectively.

Were Yael Shaham’s Ceragon Networks (CRNT) equity awards open-market transactions?
No. The Form 4 shows compensation-related awards coded as grants, not open-market buys or sells. They include fully vested restricted stock units settled in shares and immediately exercisable stock options granted on May 22 and May 23, 2026.

What are the terms of the RSU grants to Yael Shaham at Ceragon Networks (CRNT)?
The RSUs granted to Yael Shaham each represent a contingent right to one ordinary share. According to the disclosure, they were fully vested upon grant and automatically settled in ordinary shares on their respective grant dates in May 2026.
SEC Form 4
FORM 4UNITED 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*
Shaham Yael
(Last)(First)(Middle)
SIMCHA HOLTZBERG 8
(Street)
KIRYAT ONO
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares05/22/2026A(1)6,520A$044,200D
Ordinary Shares05/23/2026A(2)14,750A$058,950D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$2.7905/22/2026A(3)13,03005/22/202605/22/2032Ordinary Shares13,030$013,030D
Stock Option (Right to Buy)$2.805/23/2026A(4)29,50005/23/202605/23/2032Ordinary Shares29,500$029,500D
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/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact05/26/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR