[SCHEDULE 13G] CERAGON NETWORKS LTD Passive Investment Disclosure (>5%)

Rhea-AI Filing Summary

Ceragon Networks Ltd. reports that First Wilshire Securities Management, Inc. beneficially owns 4,854,150 ordinary shares, representing 5.3% of the class.

The filing states First Wilshire has sole dispositive power over 4,854,150 shares and sole voting power for 4,674,842 shares. The Schedule 13G is signed by Howard Lu, CEO, dated 04/29/2026.

Insights

Institutional Ownership Analyst

Passive holder discloses a 5.3% position with sole dispositive authority.

First Wilshire Securities Management, Inc. is shown as beneficial owner of 4,854,150 shares or 5.3% of Ceragon's ordinary shares. The filing records sole dispositive power for the full holding and slightly lower sole voting power.

Disclosure clarifies ownership scale and voting profile; subsequent filings may update percent or voting changes if holdings are traded or reorganized.

Key Figures

Beneficial ownership: 4,854,150 shares Percent of class: 5.3% Sole voting power: 4,674,842 shares +3 more

6 metrics

Beneficial ownership 4,854,150 shares Amount beneficially owned reported on Schedule 13G

Percent of class 5.3% Percent of ordinary shares outstanding reported in Item 4

Sole voting power 4,674,842 shares Number with sole power to vote per Item 4(i)

Sole dispositive power 4,854,150 shares Number with sole power to dispose per Item 4(iii)

Signature date 04/29/2026 Date the Schedule 13G was signed

CUSIP M22013102 CUSIP number for ORD class as listed in filing

Key Terms

Schedule 13G, beneficially owned, sole dispositive power, sole voting power

4 terms

Schedule 13G regulatory

"Item 1. (a) Name of issuer: CERAGON NETWORKS LTD"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficially owned financial

"Item 4. (a) Amount beneficially owned: 4854150"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power regulatory

"(iii) Sole power to dispose or to direct the disposition of: 4854150"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

sole voting power regulatory

"(i) Sole power to vote or to direct the vote: 4674842"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

CERAGON NETWORKS LTD

(Name of Issuer)

ORD

(Title of Class of Securities)

M22013102

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): M22013102

1

Names of Reporting Persons

First Wilshire Securities Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,674,842.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,854,150.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,854,150.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CERAGON NETWORKS LTD
(b)	Address of issuer's principal executive offices: 3 URI ARIAV ST., PO BOX 112, ROSH HA AYIN, Israel 4810004810
Item 2.
(a)	Name of person filing: First Wilshire Securities Management, Inc.
(b)	Address or principal business office or, if none, residence: 1214 East Green Street, Suite 104, Pasadena, CA 91106
(c)	Citizenship: California
(d)	Title of class of securities: ORD
(e)	CUSIP Number(s): M22013102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4854150
(b)	Percent of class: 5.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4674842
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4854150
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

First Wilshire Securities Management, Inc.

Signature:	Howard Lu
Name/Title:	CEO
Date:	04/29/2026