Caesarstone executive files initial ownership report
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Form Type
3
Rhea-AI Filing Summary
Caesarstone Ltd. executive David Vincent Cullen filed an initial statement of beneficial ownership, reporting indirect holdings through a trust of 7,700 Ordinary Shares and several stock option grants on Ordinary Shares with exercise prices from 13.4300 to 1.6000 per share and expirations between 2026 and 2032.
Footnotes indicate 7,025 restricted stock units are already vested, with a further 225 RSUs vesting on September 21, 2026 and 450 RSUs vesting in two equal installments on September 19, 2026 and September 19, 2027, all subject to his continued service.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Cullen David Vincent
Role
Managing Director, APAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option — 135,100 contracts (Indirect, By Trust);
Ordinary Shares — 7,700 shares (Indirect, By Trust)
Footnotes (8)
- F1. Restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Ordinary Shares, subject to the Reporting Person's continued service through the applicable vesting date. Of the RSUs reported herein, 7,025 are fully vested. The remaining RSUs vest as follows: 225 RSUs vest on September 21, 2026; and 450 RSUs vest in two equal installments on September 19, 2026, and September 19, 2027.
- F2. The stock options were granted on May 27, 2019, and are fully vested.
- F3. The stock options were granted on September 1, 2021, and are fully vested.
- F4. The stock options were granted on September 22, 2022, and vest in four equal annual installments on September 21, 2023, September 21, 2024, September 21, 2025, September 21, 2026, subject to the Reporting Person's continued service through each applicable vesting date.
- F5. The stock options were granted on September 20, 2023, and vest in four equal annual installments on September 19, 2024, September 19, 2025, September 19, 2026, September 19, 2027, subject to the Reporting Person's continued service through each applicable vesting date.
- F6. The stock options were granted on February 20, 2024, and vest in four equal annual installments on February 19, 2025, February 19, 2026, February 19, 2027, February 19, 2028, subject to the Reporting Person's continued service through each applicable vesting date.
- F7. The stock options were granted on May 8, 2024, and vest in four equal annual installments on May 7, 2025, May 7, 2026, May 7, 2027, May 7, 2028, subject to the Reporting Person's continued service through each applicable vesting date.
- F8. The stock options were granted on December 17, 2025, and vest in four equal annual installments on December 16, 2026, December 16, 2027, December 16, 2028, December 16, 2029, subject to the Reporting Person's continued service through each applicable vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Caesarstone (CSTE) Form 3 filing by David Vincent Cullen show?
The Form 3 shows David Vincent Cullen’s initial indirect holdings in Caesarstone securities, including 7,700 Ordinary Shares held by a trust and multiple stock option grants on Ordinary Shares with various exercise prices and expirations between 2026 and 2032.
What stock options are reported for David Vincent Cullen in the Caesarstone Form 3?
The filing lists several indirect stock option positions on Caesarstone Ordinary Shares, with exercise prices ranging from 13.4300 to 1.6000 per share and expiration dates from May 25, 2026 through December 15, 2032, all held through a trust structure.
What restricted stock units (RSUs) are disclosed for David Vincent Cullen at Caesarstone?
Footnotes state that 7,025 RSUs are fully vested, while 225 RSUs vest on September 21, 2026 and 450 RSUs vest in two equal installments on September 19, 2026 and September 19, 2027, contingent on his continued service with Caesarstone.
Are David Vincent Cullen’s Caesarstone holdings direct or indirect?
All reported holdings in the excerpt, including Ordinary Shares and stock options, are classified as indirect, held "By Trust." This means a trust is the record holder, while Cullen is treated as the beneficial owner for reporting purposes under SEC rules.
Does the Caesarstone (CSTE) Form 3 show any insider buying or selling activity?
No explicit insider buying or selling is indicated in the excerpt. The entries are categorized as holdings, and the transaction summary shows zero buy and sell transactions, reflecting an initial statement of beneficial ownership rather than new market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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