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Femto Technologies (FMTOF) CEO details 23.2% voting control

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Femto Technologies Inc. chief executive Yftah Ben Yaackov filed Amendment No. 1 to his Schedule 13D to update his ownership in the company’s common shares. The cover page lists beneficial ownership of 290,819 shares, representing 23.24% of the class.

Within the detailed ownership discussion, he reports holding 70,219 common shares, equal to 6.81% of Femto’s issued and outstanding common shares, plus 4,412 enhanced voting shares, each carrying 50 votes, giving him 23.2% of the company’s voting rights. The shares were issued as part of his compensation, including vesting of RSUs for services as CEO.

The amendment records enhanced voting shares granted on September 20, 2024, following shareholder approval at the August 1, 2024 annual meeting, and notes that his beneficial ownership percentage has been reduced due to additional share issuances by the company.

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Beneficial ownership shares 290,819 shares Aggregate amount beneficially owned by reporting person
Percent of class 23.24% Percent of common share class represented by 290,819 shares
Common shares held 70,219 shares Common shares representing 6.81% of issued and outstanding common shares
Common shares percent 6.81% Portion of issued and outstanding common shares held by CEO
Enhanced voting shares 4,412 shares Enhanced voting shares, each with 50 votes, all held by CEO
Voting rights 23.2% Total company voting rights from common and enhanced voting shares
Votes per enhanced share 50 votes per share Each enhanced voting share carries 50 votes
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition..."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficial ownership financial
"This filing updates the Reporting Person's beneficial ownership to include 4,412 enhanced voting shares..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
enhanced voting shares financial
"as well as 4,412 enhanced voting shares (each enhanced voting shares carries 50 votes)..."
RSUs financial
"Common Shares issued to Reporting Person are the result of vesting of RSUs issued to him..."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Annual General Meeting regulatory
"pursuant to approval by the Company's shareholders at the Annual General Meeting held on August 1, 2024..."
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31447N303

(CUSIP Number)
Yftah Ben Yaackov
Eilat 15,
Ashkelon, L3, 7844317
972 50 726 2830

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
04/03/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


Yftah Ben Yaackov
Signature:/s/ Yftah Ben Yaackov
Name/Title:Yftah Ben Yaackov
Date:04/03/2026

FAQ

What ownership stake does Femto Technologies (FMTOF) CEO Yftah Ben Yaackov report?

He reports beneficial ownership of 290,819 shares, representing 23.24% of Femto Technologies’ common share class. In detailed terms, this includes 70,219 common shares plus 4,412 enhanced voting shares, which together provide 23.2% of the company’s voting rights.

How many common shares of Femto Technologies (FMTOF) does the CEO directly hold?

The CEO holds 70,219 common shares, which represent 6.81% of Femto Technologies’ issued and outstanding common shares. This percentage reflects only the common stock and is separate from his enhanced voting shares, which add to his total voting influence in the company.

What are Femto Technologies (FMTOF) enhanced voting shares and how many does the CEO hold?

He holds 4,412 enhanced voting shares, each carrying 50 votes. These securities represent 100% of Femto’s outstanding enhanced voting shares and, combined with his common stock, give him 23.2% of the company’s total voting rights according to the filing disclosures.

Why did Femto Technologies (FMTOF) CEO file Amendment No. 1 to Schedule 13D?

The amendment updates his reported beneficial ownership to include 4,412 enhanced voting shares granted on September 20, 2024. It also notes that his overall percentage ownership declined because of additional share issuances by the company, which increased the total outstanding shares.

How did Femto Technologies (FMTOF) CEO acquire the shares reported in this Schedule 13D/A?

The filing states that common shares were issued due to vesting of RSUs granted for his services to the company. These equity awards form part of his compensation package as Chief Executive Officer, rather than resulting from open-market purchases or secondary market transactions.

When were Femto Technologies (FMTOF) enhanced voting shares granted to the CEO and who approved them?

The filing explains that 4,412 enhanced voting shares were granted on September 20, 2024, following approval by the company’s shareholders. That approval occurred at Femto Technologies’ Annual General Meeting held on August 1, 2024, as described in the company’s prior annual reports.