Eltek (NASDAQ: ELTK) director reports employee stock option holdings

Rhea-AI Filing Summary

Eltek Ltd director Cohen Tsemah Revital filed an initial ownership report showing existing employee stock options, not new share purchases or sales. The holdings include options over 3,750 ordinary shares at an exercise price of $4.94, expiring on March 24, 2031, and options over 8,000 ordinary shares at $8.70, expiring on August 3, 2033. Both option grants vest over four years, with 25% vesting on the first anniversary of the grant date and 6.25% vesting at the end of each following quarter.

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^*

Cohen Tsemah Revital

(Last) (First) (Middle)

32 BEN GURION

(Street)

PETAH TIKVA 4955257

(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)

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)	03/24/2031	Ordinary share	3,750	$4.94	D
Employee Stock Option	(2)	08/03/2033	Ordinary share	8,000	$8.7	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 March 24, 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 August 3, 2023

	/s/ Cohen Tsemah Revital	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 did Eltek (ELTK) director Cohen Tsemah Revital report on this Form 3?

The filing reports existing employee stock option holdings, not new trades. It shows Revital holds options over 3,750 and 8,000 Eltek ordinary shares at fixed exercise prices, establishing her initial beneficial ownership position as a director.

How many Eltek (ELTK) shares are covered by Revital’s employee stock options?

Revital’s options currently cover 3,750 and 8,000 underlying ordinary shares. These options give the right, subject to vesting and timing, to purchase those shares at preset exercise prices if she chooses to exercise before expiration.

What are the exercise prices and expiration dates of Revital’s Eltek options?

One option grant has a $4.94 exercise price and expires March 24, 2031. The second has an $8.70 exercise price and expires August 3, 2033. These terms define the cost and time window to potentially convert options into ordinary shares.

How do Revital’s Eltek employee stock options vest over time?

Each option vests over four years. Twenty-five percent becomes exercisable on the first anniversary of the grant date, with an additional 6.25% vesting at the end of each subsequent quarter, gradually increasing the exercisable portion of the award.

Does this Eltek (ELTK) Form 3 show any insider buying or selling of shares?

The Form 3 does not show insider share purchases or sales. It records existing employee stock option awards and their vesting terms, establishing Revital’s derivative ownership position as she begins reporting as a company director.