New FORMULA SYSTEMS (FORTY) director files initial insider Form 3

Rhea-AI Filing Summary

FORMULA SYSTEMS (1985) LTD director Marek Pawel Panek filed an initial Form 3, which is a required ownership report for insiders. This filing does not list any share transactions, exercises, gifts, or holdings, and serves only to register his status as a reporting person.

Key Terms

Form 3, reporting person, director

3 terms

Form 3 regulatory

"INSIDER FILING DATA (Form 3):"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

reporting person regulatory

""reportingPersons": [ { "name": "Panek Marek Pawel""

director regulatory

""is_director": 1"

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

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1. Name and Address of Reporting Person^*

Panek Marek Pawel

(Last) (First) (Middle)

50 SANOCKA STR

(Street)

RZESZOW 35-504

(City) (State) (Zip)

POLAND

(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)

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

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.

No securities are beneficially owned.

	Marek Pawel Panek	04/16/2026
	** 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 Marek Pawel Panek’s Form 3 filing mean for FORTY investors?

The Form 3 shows that Marek Pawel Panek is now an insider (director) of FORMULA SYSTEMS (1985) LTD. It is an initial ownership report and, in this case, contains no share transactions or reported holdings, so it has no direct trading implication.

Does the FORTY Form 3 for Marek Pawel Panek show any share purchases or sales?

No. The Form 3 for Marek Pawel Panek lists no buy or sell transactions. All transaction counts, including purchases, sales, exercises, gifts, and tax withholdings, are reported as zero, indicating no trading activity in this filing.

What is the role of Marek Pawel Panek at FORMULA SYSTEMS (1985) LTD (FORTY)?

The filing identifies Marek Pawel Panek as a director of FORMULA SYSTEMS (1985) LTD. He is not listed as an officer or a ten percent owner in this document, which focuses solely on his status as a reporting insider.

Does the FORTY Form 3 disclose any derivative securities for Marek Pawel Panek?

No derivative securities are disclosed for Marek Pawel Panek. The derivativeSummary section is empty and the derivative transaction count is zero, indicating no options, warrants, or other derivative positions reported in this Form 3.

Are there any notable footnotes or special ownership arrangements in this FORTY Form 3?

The Form 3 includes a footnotes section, but no substantive footnote text is provided in the data. There is no indication of special ownership structures, voting limitations, or Rule 10b5-1 trading plans in the information available.