Caesarstone (CSTE) CIO details stock options and RSU vesting
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Caesarstone Ltd. executive Livne Chen, CIO & VP Global Operations, reported initial insider holdings in a Form 3. The filing shows indirect ownership through a trust of stock options over 25,000 and 28,700 Ordinary Shares at exercise prices of $5.9400 and $1.6000, expiring on May 7, 2031 and December 15, 2032, plus 3,750 indirectly held Ordinary Shares. Footnotes explain these options and related restricted stock units vest in equal annual installments through 2029, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Livne Chen
Role
CIO & VP, Global Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option — 25,000 shares (Indirect, By Trust);
Ordinary Shares — 3,750 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. Of the RSUs reported herein, 938 are fully vested. The remaining RSUs vest in three equal installments on May 7, 2026, and May 7, 2027, May 7, 2028. 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 Livne Chen report?
The Form 3 reports initial insider holdings for executive Livne Chen. It details stock options over 25,000 and 28,700 Ordinary Shares and 3,750 indirectly held Ordinary Shares, all owned indirectly through a trust, with specified exercise prices and expirations.
When do Livne Chen’s Caesarstone (CSTE) stock options expire?
The reported stock options expire on May 7, 2031 and December 15, 2032. Each grant vests in four equal annual installments, subject to Chen’s continued service through the applicable vesting dates stated in the footnotes.
Are Livne Chen’s Caesarstone (CSTE) holdings direct or indirect?
The Form 3 shows indirect ownership for all reported positions. Stock options and 3,750 Ordinary Shares are held “By Trust,” meaning a trust structure, rather than Chen personally, is listed as the direct holder of record.
What vesting schedule applies to Livne Chen’s Caesarstone (CSTE) stock options?
The options granted in May 2024 and December 2025 vest in four equal annual installments. Vesting dates run from May 7, 2025 through May 7, 2028 and from December 16, 2026 through December 16, 2029, contingent on continued service.
What restricted stock units (RSUs) are mentioned for Caesarstone (CSTE) executive Livne Chen?
Footnotes describe RSUs where each unit equals one Ordinary Share. Of these, 938 RSUs are fully vested. The remaining RSUs vest in three equal installments on May 7, 2026, May 7, 2027, and May 7, 2028, subject to continued service.