Elbit Systems (ESLT) director reports initial Form 3 share holding
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Elbit Systems Ltd director Rina Baum filed an initial Form 3 reporting indirect ownership of 199 ordinary shares. The shares are held by her spouse, and she formally disclaims beneficial ownership of these securities for Section 16 and other purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baum Rina
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary shares, par value 1.00 NIS per share | -- | -- | -- |
Holdings After Transaction:
Ordinary shares, par value 1.00 NIS per share — 199 shares (Indirect, By spouse)
Footnotes (1)
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FAQ
What does the Elbit Systems (ESLT) Form 3 filing by Rina Baum report?
It reports initial insider holdings. Director Rina Baum disclosed indirect ownership of 199 Elbit Systems ordinary shares held by her spouse, while formally disclaiming beneficial ownership of these securities for Section 16 and any other legal purpose.
Is the Elbit Systems (ESLT) Form 3 a buy or sell transaction?
This Form 3 is not a buy or sell record. It is an initial ownership statement listing 199 indirectly held ordinary shares, rather than reporting a new purchase, sale, or other transaction in Elbit Systems securities by the director.
Why does the Elbit Systems (ESLT) Form 3 include a beneficial ownership disclaimer?
The disclaimer clarifies that the director does not admit beneficial ownership. Although 199 shares are reported as indirectly owned through her spouse, the footnote states she disclaims beneficial ownership for Section 16 and any other legal or regulatory purpose.