Ceragon Networks (CRNT) CRO granted options and RSUs in new award

Rhea-AI Filing Summary

Ceragon Networks’ Chief Revenue Officer Ronen Ben-Hamou received new equity compensation awards. He was granted stock options for 54,427 ordinary shares at an exercise price of $2.276 per share and 27,213 restricted stock units.

The RSUs vest in four equal annual installments of 25% starting on 03/23/2027, contingent on continued service. The options vest 25% on 03/23/2027, with the remaining 75% vesting in twelve equal quarterly installments over three years beginning on that date. Following these grants, his direct holdings of ordinary shares increased to 109,441 shares, reflecting a compensation-related award rather than open-market purchases.

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
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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^*

BEN-HAMOU RONEN

(Last) (First) (Middle)

11A SHMULIK SEGAL

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

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	03/23/2026		A(1)		27,213	A	$0	109,441	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)	$2.276	03/23/2026		A(2)		54,427		03/23/2027	03/23/2032	Ordinary Shares	54,427	$0	54,427	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 vest in four equal annual installments (25% per year) commencing on 03/23/2027 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.

2. The Options vest 25% on the first anniversary of the grant date (03/23/2027) and the remaining 75% vest in twelve equal quarterly installments over a three year period commencing on 3/23/2027, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date

	Ronen Ben-Hamou by: Oppenheimer Israel, as Attorney-in-fact	03/25/2026
	** 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)

FAQ

What did Ceragon Networks (CRNT) grant to its Chief Revenue Officer?

Ceragon Networks granted its Chief Revenue Officer stock options and restricted stock units as equity compensation. The awards include 54,427 options and 27,213 RSUs, providing potential future ownership in ordinary shares, subject to multi-year vesting and continued service conditions.

How many Ceragon (CRNT) stock options were granted to the CRO and at what price?

The Chief Revenue Officer received 54,427 stock options with an exercise price of $2.276 per ordinary share. These options give the right, but not the obligation, to buy shares at that price if and when they vest and are exercised.

What restricted stock unit (RSU) grant did the Ceragon (CRNT) CRO receive?

The Chief Revenue Officer received 27,213 restricted stock units, each representing one ordinary share upon vesting. The RSUs are part of compensation and do not involve any cash purchase by the executive at grant, aligning interests with long-term share performance.

When do the Ceragon Networks (CRNT) RSUs granted to the CRO vest?

The RSUs vest in four equal annual installments of 25% each, starting on 03/23/2027. Vesting is conditioned on the Chief Revenue Officer’s continued service with Ceragon Networks or its subsidiaries through each annual vesting date.

What is the vesting schedule for the Ceragon (CRNT) stock options granted to the CRO?

The stock options vest 25% on the first anniversary of the grant date, 03/23/2027. The remaining 75% vest in twelve equal quarterly installments over three years, also requiring the executive to remain in service through each vesting date.

How many Ceragon (CRNT) ordinary shares does the CRO hold after these grants?

After the equity grants, the Chief Revenue Officer directly holds 109,441 ordinary shares. This figure reflects his post-transaction share ownership and excludes the unexercised stock options and unvested restricted stock units granted as part of the same compensation package.