Caesarstone (CSTE) APAC managing director sells 7,025 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Caesarstone Ltd. Managing Director APAC David Vincent Cullen reported an open-market sale of 7,025 Ordinary Shares. The sale occurred on May 19, 2026 at an average price of $1.57 per share, leaving him with 675 Ordinary Shares held directly.
The footnotes explain that these shares related to fully vested restricted stock units. After this transaction, 225 RSUs are scheduled to vest on September 21, 2026, and 450 RSUs vest in two equal installments on September 19, 2026 and September 19, 2027, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,025 shares ($11,029)
Net Sell
1 txn
Insider
Cullen David Vincent
Role
Managing Director, APAC
Sold
7,025 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 7,025 | $1.57 | $11K |
Holdings After Transaction:
Ordinary Shares — 675 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 7,025 shares
Sale price per share: $1.57 per share
Shares held after transaction: 675 shares
+2 more
5 metrics
Shares sold
7,025 shares
Open-market sale on May 19, 2026
Sale price per share
$1.57 per share
Average sale price for Ordinary Shares
Shares held after transaction
675 shares
Direct ownership following sale
RSUs vesting September 21, 2026
225 RSUs
Unvested restricted stock units
RSUs vesting 2026–2027
450 RSUs
Vesting in equal installments on Sept 19, 2026 and 2027
Key Terms
Restricted stock units ("RSUs"), open-market sale, Ordinary Shares, vesting date
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
open-market sale financial
"transaction_action": "open-market sale","transaction_code_description": "Sale in open market"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vesting date financial
"subject to the Reporting Person's continued service through the applicable vesting date"
FAQ
What insider transaction did Cullen David Vincent report at Caesarstone (CSTE)?
Cullen David Vincent reported an open-market sale of 7,025 Caesarstone Ordinary Shares. The transaction was executed at an average price of $1.57 per share, reflecting a net reduction in his directly held share position with the company.
What restricted stock units (RSUs) remain for Cullen David Vincent at Caesarstone (CSTE)?
Following the sale of 7,025 fully vested RSUs, Cullen David Vincent retains 225 RSUs vesting on September 21, 2026, and 450 RSUs vesting in two equal installments on September 19, 2026, and September 19, 2027, subject to continued service conditions.