Caesarstone (CSTE) controller reports stock option and share holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Caesarstone Ltd. Corporate Controller Sandler Timor filed an initial Form 3 reporting existing indirect equity interests held through a trust. The filing lists several stock option awards over Ordinary Shares with exercise prices ranging from $12.8800 to $1.6000 and expiration dates between 2028 and 2032, plus 102 Ordinary Shares held indirectly. Footnotes describe grant dates and multi‑year vesting schedules for these options and related restricted stock units, which vest in stages between 2025 and 2029 subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Sandler Timor
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| 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 — 6,000 shares (Indirect, By Trust);
Ordinary Shares — 102 shares (Indirect, By Trust)
Footnotes (1)
- 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. The RSUs vest as follows: 34 RSUs vest on September 21, 2026; and 68 RSUs vest in two equal installments on September 19, 2026, and September 19, 2027. The stock options were granted on September 1, 2021, and are fully vested. 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. 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. 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. 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. 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
What does the Caesarstone (CSTE) Form 3 filing by Sandler Timor show?
The Form 3 shows Sandler Timor’s existing indirect holdings in Caesarstone. It lists multiple stock option awards over Ordinary Shares and 102 Ordinary Shares held by a trust, providing a baseline of his beneficial ownership as Corporate Controller.
What stock options does Sandler Timor report in his Caesarstone (CSTE) Form 3?
The filing reports several stock option grants over Ordinary Shares held indirectly. Exercise prices range from $12.8800 to $1.6000, with stated expiration dates between 2028 and 2032, reflecting compensation awards over multiple years.
Are there any Caesarstone (CSTE) restricted stock units disclosed for Sandler Timor?
Yes, the footnotes describe restricted stock units (RSUs). Each RSU represents one Ordinary Share, vesting 34 units on September 21, 2026 and 68 units in two equal installments on September 19, 2026 and September 19, 2027, subject to continued service.
Does the Caesarstone (CSTE) Form 3 indicate recent insider buying or selling?
No, the entries are categorized as holdings, not new trades. Transaction codes are unspecified and transactionSummary shows zero buys and zero sells, indicating the filing records existing positions rather than recent market purchases or sales.
How do Sandler Timor’s Caesarstone (CSTE) stock options vest over time?
Footnotes detail multi-year vesting schedules. Some options are fully vested, while others vest in four equal annual installments on specified dates from 2023 through 2029, contingent on Sandler Timor’s continued service with the company.