Eltek (NASDAQ: ELTK) VP holds options on 7,000 and 15,000 shares

Rhea-AI Filing Summary

ELTEK LTD executive Segev Raviv, VP of Process & Technology, reported his initial holdings of employee stock options on a Form 3. He holds options over 7,000 ordinary shares at an exercise price of $8.82 per share and options over 15,000 ordinary shares at $8.84 per share.

According to the option agreements, each grant vests over four years: 25% becomes exercisable on the first anniversary of the grant date, with an additional 6.25% becoming exercisable at the end of each subsequent quarter. The options expire in 2036 on their respective expiration dates.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Segev Raviv

Role VP of Process & Technology

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

Holdings After Transaction: Employee Stock Option — 15,000 shares (Direct, null)

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 January 1, 2026 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

Option grant 1 underlying shares: 7,000 shares Option grant 1 exercise price: $8.82/share Option grant 1 expiration: 2036-03-08 +5 more

8 metrics

Option grant 1 underlying shares 7,000 shares Underlying ordinary shares for first employee stock option

Option grant 1 exercise price $8.82/share Exercise price for first employee stock option

Option grant 1 expiration 2036-03-08 Expiration date for first employee stock option

Option grant 2 underlying shares 15,000 shares Underlying ordinary shares for second employee stock option

Option grant 2 exercise price $8.84/share Exercise price for second employee stock option

Option grant 2 expiration 2036-01-01 Expiration date for second employee stock option

Initial vesting portion 25% Options exercisable on first anniversary of grant date

Quarterly vesting portion 6.25% Additional options exercisable at end of each subsequent quarter

Key Terms

Employee Stock Option, Ordinary share, exercise price, grant date, +1 more

5 terms

Employee Stock Option financial

"security_title: "Employee Stock Option""

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.

Ordinary share financial

"underlying_security_title: "Ordinary share""

An ordinary share is a unit of ownership in a company that gives the holder a stake in its profits and usually the right to vote on key decisions. Think of it like a slice of a pizza where each slice entitles you to a portion of what’s left after bills are paid; value can rise or fall with the business and may pay dividends, so it matters to investors for income, growth and control.

exercise price financial

"exercisePrice: "8.8200" and "8.8400""

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.

grant date financial

"The option was granted on January 1, 2026"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

exercisable over a four-year period financial

"The option agreement provides that the option will become exercisable over a four-year period."

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Understanding Insider Trading Forms →

Available on EDGAR 06/29/2026 - 07:46 AM Accepted by SEC EDGAR 06/29/2026 - 07:45 AM Learn about SEC filing dates

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^*

Segev Raviv

(Last) (First) (Middle)

GINAT EGOZ 10

(Street)

PARDES-HANNA 3708456

(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)
	VP of Process & Technology

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)	01/01/2036	Ordinary share	15,000	$8.84	D
Employee Stock Option	(2)	03/08/2036	Ordinary share	7,000	$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 January 1, 2026

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/ Raviv Segev	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 Eltek (ELTK) VP Segev Raviv report on this Form 3?

VP of Process & Technology Segev Raviv reports his initial holdings of employee stock options. These options give him the right to acquire Eltek ordinary shares at fixed exercise prices, with vesting spread over four years under the terms described in the option agreements.

How many Eltek ELTK ordinary shares are covered by Segev Raviv’s options?

Raviv holds employee stock options linked to 7,000 ordinary shares in one grant and 15,000 ordinary shares in another. These underlying share amounts reflect the number of Eltek ordinary shares he can purchase if he exercises each option grant under its terms.

What are the exercise prices of Segev Raviv’s Eltek (ELTK) employee stock options?

One option grant has an exercise price of $8.82 per ordinary share, and the other has an exercise price of $8.84 per ordinary share. These fixed prices determine what Raviv would pay per share if he chooses to exercise the options in the future.

How do Segev Raviv’s Eltek stock options vest over time?

Each option grant vests over four years. Twenty-five percent of the options become exercisable on the first anniversary of the grant date, and an additional 6.25% become exercisable at the end of each subsequent quarter, gradually increasing the portion he can exercise.

When do Segev Raviv’s Eltek (ELTK) employee stock options expire?

The options have long-dated expirations in 2036. One grant expires on March 8, 2036, and the other expires on January 1, 2036. After the respective expiration dates, any unexercised options from each grant can no longer be exercised.