Caesarstone (CSTE) director Halperin details 3.6M-share indirect stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Caesarstone Ltd. director Ariel Halperin has filed a Form 3 detailing his indirect ownership in the company. The filing shows indirect holdings of 3,589,494 Ordinary Shares through Tene Investment in Projects 2016, L.P., where affiliated entities serve as general partners.
In addition, Halperin reports indirect ownership of stock options over 3,750 Ordinary Shares at an exercise price of 4.02 per share, expiring on September 18, 2030, which are fully vested from a November 10, 2020 grant. He also holds stock options over a further 3,750 Ordinary Shares at an exercise price of 11.16 per share, expiring on November 9, 2027, which vest in three equal annual installments on September 20, 2024, 2025 and 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Halperin Ariel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option — 3,750 shares (Indirect, By Trust);
Ordinary Shares — 3,589,494 shares (Indirect, By Tene Investment in Projects 2016, L.P)
Footnotes (1)
- The Reporting Person is the sole director of Tene Growth Capital III (G.P.) Company Ltd., which is the general partner of Tene Growth Capital 3 (Fund 3 G.P.) Projects, L.P, which is the general partner of Tene Investment in Projects 2016, L.P. who hold these shares. The stock options were granted on November 10, 2020, and are fully vested. The stock options were granted on September 20, 2023, and vest in three equal annual installments on September 20, 2024, September 20, 2025, September 20, 2026, subject to the Reporting Person's continued service through each applicable vesting date.
Key Figures
Indirect Ordinary Shares: 3,589,494 shares
Option grant 1 size: 3,750 shares
Option grant 1 exercise price: 4.02 per share
+3 more
6 metrics
Indirect Ordinary Shares
3,589,494 shares
Indirectly held through Tene Investment in Projects 2016, L.P.
Option grant 1 size
3,750 shares
Underlying Ordinary Shares for fully vested options granted November 10, 2020
Option grant 1 exercise price
4.02 per share
Exercise price for options expiring September 18, 2030
Option grant 2 size
3,750 shares
Underlying Ordinary Shares for options granted September 20, 2023
Option grant 2 exercise price
11.16 per share
Exercise price for options expiring November 9, 2027
Holding entries
3 entries
One Ordinary Share position and two stock option positions reported
Key Terms
Stock Option, fully vested, vest in three equal annual installments, general partner
4 terms
Stock Option financial
"The stock options were granted on November 10, 2020, and are fully vested."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
fully vested financial
"The stock options were granted on November 10, 2020, and are fully vested."
vest in three equal annual installments financial
"The stock options were granted on September 20, 2023, and vest in three equal annual installments"
general partner financial
"which is the general partner of Tene Growth Capital 3 (Fund 3 G.P.) Projects, L.P, which is the general partner"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
FAQ
What does Ariel Halperin’s Form 3 filing show for Caesarstone (CSTE)?
The Form 3 shows Ariel Halperin’s existing indirect holdings in Caesarstone. He reports 3,589,494 Ordinary Shares held through Tene Investment in Projects 2016, L.P., plus two indirect stock option positions over 3,750 Ordinary Shares each with specified exercise prices and expiration dates.
Are Ariel Halperin’s Caesarstone (CSTE) stock options fully vested?
One option grant from November 10, 2020 is fully vested, covering 3,750 Ordinary Shares at 4.02 per share. A second grant from September 20, 2023 vests in three equal annual installments in 2024, 2025 and 2026, subject to his continued service with the company.
Does the Form 3 for Caesarstone (CSTE) show new insider buying or selling?
The Form 3 presents Ariel Halperin’s beneficial ownership positions as a director, not new transactions. It lists indirect Ordinary Share holdings and existing stock option awards, providing a baseline of his equity exposure rather than recording recent market trades.