Caesarstone counsel sells 64 shares for tax withholding
The 64-share sale satisfied tax-withholding obligations under a mandatory sell-to-cover provision and was not discretionary.
Rhea-AI Filing Summary
Caesarstone Ltd.'s General Counsel & Corporate Secretary Ron Mosberg reported a sale of 64 ordinary shares held through a trust on September 24, 2026, at $2.82 per share. The shares were issued upon settlement of fully vested RSUs, and the sale satisfied tax-withholding obligations under the equity plan’s mandatory “sell-to-cover” provision; it was not discretionary. Reported trust holdings after the sale were 4,625 ordinary shares. The remaining 141 RSUs vest on September 19, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 64 | $2.82 | $180.48 |
Footnotes (2)
- F1. Represents shares sold by the Reporting Person solely to satisfy tax withholding obligations incident to the vesting of restricted stock units ("RSUs") pursuant to a mandatory "sell-to-cover" provision under the Issuer's equity incentive plan and the applicable award agreement, and does not represent a discretionary transaction by the Reporting Person.
- F2. 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. Following the sale of the Ordinary Shares issued upon settlement of the RSUs that had fully vested, the remaining RSUs vest as follows: 141 RSUs vest on September 19, 2027.
Key Figures
Key Terms
sell-to-cover provision financial
restricted stock units (RSUs) financial
contingent right financial
vesting date financial
FAQ
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Was Ron Mosberg's CSTE transaction under a Rule 10b5-1 plan?
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