Caesarstone (CSTE) executive details stock options and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Caesarstone Ltd. executive Kenneth Gordon Williams, President of Caesarstone Canada, reported his initial indirect holdings in the company. Through a trust, he holds stock options over 6,000, 34,000, 12,200 and 28,700 ordinary shares at exercise prices of $4.31, $4.10, $5.94 and $1.60, expiring between 2030 and 2032, plus 7,700 ordinary shares. Related footnotes indicate these options, granted in 2023–2025, vest in four equal annual installments through 2029, and he also has RSUs where 7,025 are vested and the remaining units vest during 2026 and 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Williams Kenneth Gordon
Role
President Caesarstone Canada
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| 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 — 7,700 shares (Indirect, By Trust)
Footnotes (1)
- Restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock, 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. 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 Form 3 filing show for Caesarstone (CSTE) executive Kenneth Gordon Williams?
The Form 3 shows Kenneth Gordon Williams’ initial indirect ownership in Caesarstone, including multiple stock option grants and ordinary shares held through a trust. It outlines exercise prices, expiration dates, and vesting schedules tied to his continued service with the company.
How many stock options does Kenneth Gordon Williams report in Caesarstone (CSTE)?
Kenneth Gordon Williams reports stock options linked to 6,000, 34,000, 12,200 and 28,700 Caesarstone ordinary shares. These options have exercise prices from $1.60 to $5.94 and expire between 2030 and 2032, reflecting long-dated, service-based equity compensation.
How do the Caesarstone (CSTE) stock options for Kenneth Gordon Williams vest?
The stock options were granted in 2023, 2024 and 2025 and vest in four equal annual installments. Vesting dates run from 2024 through 2029, and each installment requires Kenneth Gordon Williams to remain in service with Caesarstone through the applicable vesting date.
What restricted stock units (RSUs) are mentioned for Caesarstone (CSTE) executive Kenneth Gordon Williams?
Footnotes state that Kenneth Gordon Williams has RSUs where 7,025 units are fully vested. Additional RSUs vest in 2026 and 2027, contingent on continued service, providing time-based equity that converts into one Caesarstone ordinary share per vested RSU.
Are Kenneth Gordon Williams’ Caesarstone (CSTE) holdings direct or indirect?
The reported holdings are indirect, held "By Trust" on behalf of Kenneth Gordon Williams. Both the stock options over ordinary shares and the 7,700 ordinary shares are classified as indirect ownership, reflecting a trust structure rather than direct personal registration.