Eltek CFO Ron Freund reports initial holdings
ELTEK LTD Chief Financial Officer Ron Freund filed an initial ownership report showing both ordinary shares and multiple employee stock option grants.
Rhea-AI Filing Summary
ELTEK LTD Chief Financial Officer Ron Freund filed an initial ownership report showing both ordinary shares and multiple employee stock option grants. He directly holds 7,558 ordinary shares, plus options over 58,500 ordinary shares at exercise prices ranging from $3.60 to $15.83 per share with expirations between 2031 and 2036. Footnotes state that each option grant vests over four years, with 25% vesting after one year and 6.25% vesting at the end of each subsequent quarter.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Freund Ron
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option — 57,500 contracts (Direct);
Ordinary shares — 7,558 shares (Direct)
Footnotes (6)
- F1. 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 January1, 2022
- F2. 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 December 28, 2022
- F3. 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
- F4. 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 10, 2024
- F5. 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
- F6. 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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing by ELTK CFO Ron Freund report?
It reports Ron Freund’s initial ownership in ELTEK LTD, including 7,558 ordinary shares held directly and several employee stock option grants over additional ordinary shares, with specified exercise prices, expiration dates, and four-year vesting schedules described in the accompanying footnotes.
What stock options are reported for ELTK CFO Ron Freund in this Form 3?
The filing lists several employee stock options over ELTEK ordinary shares, including blocks of 13,000, 15,000, 8,000, 10,000, 9,000, and 2,500 underlying shares, with exercise prices from $3.60 to $15.83 and expirations between 2031 and 2036.
How do Ron Freund’s ELTK stock options vest according to the footnotes?
Each option grant vests over four years. The footnotes state that 25% of the options become exercisable on the first anniversary of the grant date, with an additional 6.25% becoming exercisable at the end of each subsequent calendar quarter until fully vested.
Are there any buy or sell transactions in this ELTK Form 3 for Ron Freund?
The Form 3 presents holdings information only, showing existing ordinary shares and option positions for Ron Freund. The transaction summary reflects no recorded buys or sells, focusing instead on the number of shares and option awards beneficially owned as of the reported date.
What are some key exercise prices and expirations for Ron Freund’s ELTK options?
Reported employee stock options include exercise prices of $3.60, $3.65, $8.70, $15.83, $8.84, and $8.82 per ordinary share. Expiration dates run from December 29, 2031 through March 8, 2036, covering multiple long-dated grants.
AI-generated analysis. How Rhea-AI works. Not financial advice.
