ELTEK (NASDAQ: ELTK) CIO discloses 25,000 employee stock options in Form 3

Rhea-AI Filing Summary

ELTEK LTD reported that Chief Information Officer Yaniv Luria holds employee stock options over 10,000 ordinary shares with an exercise price of $9.78 expiring on August 14, 2034, and options over 15,000 ordinary shares at $8.82 expiring on March 8, 2036. Both option grants vest over four years, with 25% vesting after one year from the grant date and 6.25% at the end of each following quarter.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Luria Yaniv

Role Chief Information Officer

Type	Security	Shares	Price	Value
holding	Employee Stock Option	--	--	--
holding	Employee Stock Option	--	--	--

Holdings After Transaction: Employee Stock Option — 10,000 shares (Direct)

Footnotes (1)

1. The option agreement provides that the option will become exercisable over a four-year period. Twenty-five percent (25%) of the options will become exercisable on the first anniversary of the grant date, and an additional 6.25% will become exercisable at the end of each subsequent quarter thereafter. The option was granted on August 14, 2024 The option agreement provides that the option will become exercisable over a four-year period. Twenty-five percent (25%) of the options will become exercisable on the first anniversary of the grant date, and an additional 6.25% will become exercisable at the end of each subsequent quarter thereafter. The option was granted on March 8, 2026

Key Figures

Underlying shares (grant 1): 10,000 shares Exercise price (grant 1): $9.78 per share Underlying shares (grant 2): 15,000 shares +2 more

5 metrics

Underlying shares (grant 1) 10,000 shares Employee stock option, exercise price $9.78, expires August 14, 2034

Exercise price (grant 1) $9.78 per share Employee stock option on 10,000 underlying ordinary shares

Underlying shares (grant 2) 15,000 shares Employee stock option, exercise price $8.82, expires March 8, 2036

Exercise price (grant 2) $8.82 per share Employee stock option on 15,000 underlying ordinary shares

Vesting pattern 25% then 6.25% quarterly Four-year vesting for each option grant from its grant date

Key Terms

Employee Stock Option, underlying security, exercise price, expiration date, +1 more

5 terms

Employee Stock Option financial

"security_title: "Employee Stock Option" for both derivative holdings"

An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.

underlying security financial

"underlying_security_title: "Ordinary share" describes the underlying security"

exercise price financial

"conversion_or_exercise_price fields of $9.7800 and $8.8200"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

expiration date financial

"expiration_date fields in 2034-08-14 and 2036-03-08"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

vesting financial

"footnotes describe options becoming exercisable over a four-year period"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Luria Yaniv

(Last) (First) (Middle)

8 HASADOT

(Street)

RAMAT HASHARON 4704352

(City) (State) (Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
ELTEK LTD [ ELTK ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Information Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option	(1)	08/14/2034	Ordinary share	10,000	$9.78	D
Employee Stock Option	(2)	03/08/2036	Ordinary share	15,000	$8.82	D

Explanation of Responses:

1. The option agreement provides that the option will become exercisable over a four-year period. Twenty-five percent (25%) of the options will become exercisable on the first anniversary of the grant date, and an additional 6.25% will become exercisable at the end of each subsequent quarter thereafter. The option was granted on August 14, 2024

2. The option agreement provides that the option will become exercisable over a four-year period. Twenty-five percent (25%) of the options will become exercisable on the first anniversary of the grant date, and an additional 6.25% will become exercisable at the end of each subsequent quarter thereafter. The option was granted on March 8, 2026

	/s/ Yaniv Luria	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does ELTK’s Form 3 filing by Yaniv Luria show?

The Form 3 shows Chief Information Officer Yaniv Luria holds employee stock options in ELTEK LTD. These options relate to 25,000 ordinary shares in total, split between two grants with different exercise prices and expiration dates, vesting gradually over a four-year schedule.

How many ELTEK LTD shares are covered by Yaniv Luria’s options?

Luria’s options cover 25,000 ELTEK LTD ordinary shares in total. One grant relates to 10,000 underlying shares and the other to 15,000 underlying shares, according to the derivative holdings disclosed in the Form 3 filing data.

What are the exercise prices of Yaniv Luria’s ELTK stock options?

The disclosed options have exercise prices of $9.78 and $8.82 per ordinary share. Each price applies to a separate grant, reflecting different award dates and expiration dates, and both grants vest over four years under their respective option agreements.

When do Yaniv Luria’s ELTK stock options expire?

One option grant expires on August 14, 2034, and the other on March 8, 2036. These long-dated expirations give the holder an extended period in which vested portions of the options can potentially be exercised, subject to the terms of each agreement.

How do Yaniv Luria’s ELTK options vest over time?

Each option grant vests over four years, with 25% of the options becoming exercisable on the first anniversary of the grant date. An additional 6.25% vests at the end of each following quarter until the full grant is vested under the agreement.