Eltek (ELTK) VP lists 26,000 employee stock options in Form 3

Rhea-AI Filing Summary

Eltek Ltd VP Sales and Marketing Tomer Segev filed an initial Form 3 reporting holdings of employee stock options. He holds options linked to 20,000 ordinary shares with a $10.51 exercise price expiring on November 18, 2034, granted on November 18, 2024, and options linked to 6,000 ordinary shares with a $8.82 exercise price expiring on March 8, 2036, granted on March 8, 2026. Both grants vest over four years, with 25% vesting after one year and 6.25% at the end of each following quarter.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Segev Tomer

Role VP Sales and Marketing

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

Holdings After Transaction: Employee Stock Option — 20,000 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 November 18, 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

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^*

Segev Tomer

(Last) (First) (Middle)

12 MOSHE VILENSKI

(Street)

RAANANA 4329512

(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 Sales and Marketing

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)	11/18/2034	Ordinary share	20,000	$10.51	D
Employee Stock Option	(2)	03/08/2036	Ordinary share	6,000	$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 November 18, 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/ Tomer 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 Tomer Segev report in his Eltek (ELTK) Form 3 filing?

Tomer Segev reports initial holdings of employee stock options in Eltek. The filing lists two option grants over ordinary shares, detailing exercise prices, expiration dates, and four-year vesting schedules, establishing his baseline derivative ownership as VP Sales and Marketing.

How many Eltek (ELTK) shares are covered by Tomer Segev’s stock options?

The reported stock options cover 26,000 ordinary shares of Eltek. One grant relates to 20,000 underlying shares, and another to 6,000 underlying shares, giving investors a clear view of his potential future equity exposure through options.

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

Tomer Segev holds options with exercise prices of $10.51 and $8.82 per underlying ordinary share. These prices define the cost at which he can buy Eltek shares if he chooses to exercise the options after they vest.

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

One option grant expires on November 18, 2034, and the other on March 8, 2036. These long-dated expirations give him an extended window to exercise the options once they vest according to the four-year schedules.

How do Tomer Segev’s Eltek (ELTK) options vest over time?

Both option agreements use a four-year vesting structure. Twenty-five percent vests on the first anniversary of each grant date, with an additional 6.25% vesting at the end of each subsequent quarter until fully vested, aligning incentives with longer-term performance.

Are Tomer Segev’s Eltek (ELTK) Form 3 entries market transactions?

The Form 3 entries reflect holdings of employee stock options rather than new market trades. Transaction codes are unknown, and the summary shows holding entries, so this filing mainly discloses his existing derivative positions, not open-market buying or selling.