Caesarstone (CSTE) CFO discloses option and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Caesarstone Ltd. Chief Financial Officer Trost Nahum filed an initial ownership report showing existing equity interests in the company. The filing lists indirect stock options held through a trust over blocks of Ordinary Shares at exercise prices from $1.60 to $13.31 expiring between 2028 and 2032, along with both indirect and direct holdings of Ordinary Shares. Footnotes also describe restricted stock units, including 9,125 already vested and additional RSUs scheduled to vest on specified dates, reflecting compensation tied to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Trost Nahum
Role
Chief Financial Officer
| 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 | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option — 40,000 shares (Indirect, By Trust);
Ordinary Shares — 9,800 shares (Indirect, By Trust);
Ordinary Shares — 7,600 shares (Direct)
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, 9,125 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. The stock options were granted on July 14, 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 CFO Trost Nahum report?
The Form 3 reports Trost Nahum’s existing equity holdings in Caesarstone, not new trades. It details stock options over multiple blocks of Ordinary Shares, indirect and direct share ownership, and restricted stock units with specific vesting schedules tied to continued service.
How many Caesarstone stock options does CFO Trost Nahum indirectly hold via a trust?
Trost Nahum indirectly holds several stock option grants through a trust over underlying Ordinary Shares, including 40,000 at $13.31, 6,000 at $9.12, 6,000 at $4.31, 34,000 at $4.10, 1,400 at $5.94, and 28,700 at $1.60, with expirations from 2028 to 2032.
What restricted stock units (RSUs) for Caesarstone are disclosed for CFO Trost Nahum?
The footnotes state that each RSU converts into one Ordinary Share, with 9,125 RSUs already vested. Additional RSUs vest as 225 on September 21, 2026, and 450 in two equal installments on September 19, 2026 and September 19, 2027, subject to continued service.
Are Trost Nahum’s Caesarstone stock options fully vested or still vesting?
Some option grants are fully vested, while others vest over time. One grant dated July 14, 2021 is fully vested, and later grants from 2022, 2023, February 2024, May 2024, and December 2025 vest in four equal annual installments, contingent on continued service.
Does the Caesarstone (CSTE) Form 3 show any recent buying or selling by the CFO?
No, the Form 3 lists holdings rather than new transactions. All entries are categorized as holdings, with no buy or sell counts, indicating this filing establishes Trost Nahum’s baseline equity position as a Caesarstone officer.