Formula Systems (NASDAQ: FORTY) CEO discloses share and RSU stake

Rhea-AI Filing Summary

FORMULA SYSTEMS (1985) LTD CEO Guy Bernstein filed an initial ownership report showing his direct stake in the company. He holds 1,797,973 Ordinary Shares and 611,771 RSUs, each RSU linked to one Ordinary Share at an exercise price of $1.00 and expiring on December 31, 2027.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bernstein Guy

Role CEO

Type	Security	Shares	Price	Value
holding	RSU	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: RSU — 611,771 shares (Direct, null); Ordinary Shares — 1,797,973 shares (Direct, null)

Footnotes (1)

Key Figures

Ordinary Shares held: 1,797,973 shares RSUs held: 611,771 RSUs RSU exercise price: $1.00 per share +1 more

4 metrics

Ordinary Shares held 1,797,973 shares Direct holdings reported on Form 3

RSUs held 611,771 RSUs Direct RSU holdings linked to Ordinary Shares

RSU exercise price $1.00 per share Exercise price for RSUs into Ordinary Shares

RSU expiration date December 31, 2027 Expiration date of reported RSU awards

Key Terms

RSU, Ordinary Shares, exercise price, expiration date

4 terms

RSU financial

"security_title: "RSU" and underlying_security_title: "Ordinary Shares""

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

Ordinary Shares financial

"security_title: "Ordinary Shares" with 1,797,973.0000 total shares following"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

exercise price financial

"conversion_or_exercise_price: "1.0000" for RSUs into Ordinary Shares"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

expiration date financial

"expiration_date: "2027-12-31T00:00:00.000Z" for RSU awards"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Bernstein Guy

(Last) (First) (Middle)

C/O FORMULA SYSTEMS (1985) LTD.

5 HAPLADA STREET

(Street)

OR YEHUDA 60218

(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
FORMULA SYSTEMS (1985) LTD [ FORTY ]

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)
	CEO

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)
Ordinary Shares	1,797,973	D

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
RSU	12/31/2027	12/31/2027	Ordinary Shares	611,771	$1	D

Explanation of Responses:

Remarks:

This Form 3 has been filed after March 18, 2026 but prior to April 20, 2026 in reliance on the temporary relief made available to the directors and officers of certain foreign private issuers by the Staff of the Securities and Exchange Commission in its no-action letter dated March 13, 2026.

	Guy Bernstein	04/20/2026
	** 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 the Form 3 filing by FORTY CEO Guy Bernstein show?

The Form 3 filing shows CEO Guy Bernstein’s existing equity stake in Formula Systems. He directly holds 1,797,973 Ordinary Shares and 611,771 RSUs, giving investors a clear view of his current ownership and incentive alignment through share-based awards.

How many Formula Systems (FORTY) Ordinary Shares does the CEO own?

CEO Guy Bernstein directly owns 1,797,973 Ordinary Shares of Formula Systems. This reported holding reflects his current direct equity stake in the company and is part of his initial beneficial ownership disclosure on Form 3 as a company officer.

What RSU holdings are disclosed for the FORTY CEO in this Form 3?

The filing discloses that Guy Bernstein holds 611,771 RSUs, each tied to Formula Systems Ordinary Shares. These RSUs carry an exercise price of $1.00 per share and are scheduled to expire on December 31, 2027, highlighting a multi‑year equity incentive position.

Are there any buy or sell transactions reported in this FORTY Form 3?

The Form 3 reflects holding entries only, not new buy or sell transactions. It records Guy Bernstein’s existing Ordinary Share and RSU positions, serving as an initial ownership snapshot rather than a report of recent trading activity in Formula Systems securities.

What is the exercise price and expiration date of the CEO’s RSUs at Formula Systems (FORTY)?

The CEO’s RSUs have an exercise price of $1.00 per underlying Ordinary Share and an expiration date of December 31, 2027. This structure shows the terms under which RSUs may convert into Ordinary Shares over the award’s remaining life.