Eltek (ELTK) director reports 20,000 employee stock options holdings

Rhea-AI Filing Summary

Eltek Ltd. director David Rubner filed an initial ownership report showing stock option holdings. He holds employee stock options over 10,000 ordinary shares at an exercise price of $5.89 per share expiring on September 6, 2031, and options over another 10,000 ordinary shares at $8.67 per share expiring on October 6, 2033. Footnotes state each option grant vests over four years, with 25% becoming exercisable on the first anniversary of the grant date and 6.25% at the end of each following quarter, for grants dated September 6, 2021 and October 10, 2023.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rubner David

Role Director

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 September 6, 2021 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 October 10, 2023

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

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1. Name and Address of Reporting Person^*

Rubner David

(Last) (First) (Middle)

32 WEIZMAN

SGOOLA INDUSTRIAL ZONE

(Street)

PETAH TIKVA 4955640

(City) (State) (Zip)

UNITED STATES

(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)

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

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)	09/06/2031	Ordinary share	10,000	$5.89	D
Employee Stock Option	(2)	10/06/2033	Ordinary share	10,000	$8.67	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 September 6, 2021

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 October 10, 2023

	/s/ Rubner David	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 David Rubner report in his Eltek (ELTK) Form 3 filing?

He reports initial holdings of employee stock options over Eltek ordinary shares. These options give the right to buy 20,000 shares in total at preset prices and future expiration dates, subject to a four-year vesting schedule.

How many Eltek (ELTK) shares are covered by Rubner’s reported stock options?

The filing shows options over 20,000 Eltek ordinary shares. One grant covers 10,000 shares at a $5.89 exercise price, and another covers 10,000 shares at an $8.67 exercise price, each with its own expiration date.

What are the exercise prices and expirations of Rubner’s Eltek stock options?

One option grant has a $5.89 exercise price and expires on September 6, 2031. The second has an $8.67 exercise price and expires on October 6, 2033, both referencing Eltek ordinary shares.

How do Rubner’s Eltek (ELTK) stock options vest over time?

Each option grant vests over four years. Twenty-five percent vests on the first anniversary of the grant date, then 6.25% additional vests at the end of each following quarter until fully vested, according to the option agreements.

Were any Eltek shares bought or sold in this Rubner Form 3?

No share purchases or sales are reported in this Form 3. It only lists existing employee stock option holdings and their terms, without showing any buy, sell, or exercise transactions in the reported data.

What are the grant dates for Rubner’s Eltek employee stock options?

Footnotes state one option grant was made on September 6, 2021 and the other on October 10, 2023. Each grant follows the same four-year vesting pattern starting from its respective grant date.