Hortig Shimie of Amdocs (DOX) reports 97,213 Ordinary Shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Amdocs Ltd director and officer Hortig Shimie filed an initial ownership report on Ordinary Shares. The filing shows direct ownership of 97,213 Ordinary Shares as of the reported date. The total includes Ordinary Shares that are subject to outstanding restricted stock awards, so some shares are still tied to vesting conditions rather than being fully unrestricted.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hortig Shimie
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 97,213 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Ordinary Shares held: 97,213 shares
Buy transactions reported: 0 transactions
Sell transactions reported: 0 transactions
+1 more
4 metrics
Ordinary Shares held
97,213 shares
Direct ownership reported on Form 3
Buy transactions reported
0 transactions
No buys in transaction summary
Sell transactions reported
0 transactions
No sells in transaction summary
Holding entries
1 entry
Single holding record of Ordinary Shares
Key Terms
Ordinary Shares, restricted stock awards, Form 3
3 terms
restricted stock awards financial
"includes Ordinary Shares subject to outstanding restricted stock awards."
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Form 3 regulatory
"Hortig Shimie filed an initial ownership report on Ordinary Shares."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What does Hortig Shimie’s Form 3 filing for AMDOCS LTD (DOX) show?
The Form 3 shows Hortig Shimie’s initial ownership in Amdocs Ltd, reporting direct holdings of 97,213 Ordinary Shares. This is a baseline disclosure required when becoming a director or officer, not a record of a new stock purchase or sale.
Does Hortig Shimie buy or sell AMDOCS LTD (DOX) stock in this Form 3?
No, this Form 3 does not report a buy or sell transaction. It is an initial ownership statement listing 97,213 Ordinary Shares held directly, including shares subject to restricted stock awards. Form 3s typically establish a starting point for future Form 4 transaction reports.
What is the significance of restricted stock awards in the AMDOCS LTD (DOX) Form 3?
The filing notes that the 97,213 Ordinary Shares include shares subject to outstanding restricted stock awards. These awards represent equity granted as compensation that becomes fully owned only after vesting requirements, such as time or performance conditions, are satisfied.