Ceragon Networks (CRNT) director exercises options, sells 5K shares, retains stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceragon Networks director Efrat Makov exercised stock options for 5,000 Ordinary Shares at $1.99 per share and, on the same June 12, 2026, sold 5,000 shares in an open-market trade at an average of $2.9943. After these transactions, she holds 58,950 Ordinary Shares directly and 11,666 remaining stock options, indicating a routine exercise-and-sell with essentially unchanged share ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($14,972)
Net Sell
3 txns
Insider
Makov Efrat
Role
null
Sold
5,000 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 5,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 5,000 | $1.99 | $10K |
| Sale | Ordinary Shares | 5,000 | $2.9943 | $15K |
Holdings After Transaction:
Stock Option (Right to Buy) — 11,666 shares (Direct, null);
Ordinary Shares — 63,950 shares (Direct, null)
Footnotes (1)
- The shares were acquired upon the exercise of stock options The shares sold were acquired upon the exercise of stock options on the same date The options reported herein were exercised and the underlying shares were sold on the same date as reported in Table I.
Key Figures
Shares sold: 5,000 shares
Sale price: $2.9943/share
Options exercised: 5,000 options
+4 more
7 metrics
Shares sold
5,000 shares
Open-market sale of Ordinary Shares on June 12, 2026 at $2.9943
Sale price
$2.9943/share
Average price for 5,000 Ordinary Shares sold June 12, 2026
Options exercised
5,000 options
Stock Option (Right to Buy) exercised at $1.99 on June 12, 2026
Exercise price
$1.99/share
Conversion or exercise price of stock options into Ordinary Shares
Shares held after
58,950 shares
Direct Ordinary Share ownership following June 12, 2026 transactions
Options remaining
11,666 options
Stock Option (Right to Buy) balance after 5,000-option exercise
Net buy/sell shares
-5,000 shares
Net common share selling in transaction summary, despite stable holdings
Key Terms
open-market sale, derivative exercise/conversion, Stock Option (Right to Buy), derivative security, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
