Formula Systems director files initial Form 3

FORMULA SYSTEMS (1985) LTD filed an initial insider ownership report for director Hillman Amir on Form 3.

Rhea-AI Filing Summary

FORMULA SYSTEMS (1985) LTD filed an initial insider ownership report for director Hillman Amir on Form 3. This filing establishes Amir as a reporting person for the company’s securities. The summary data show no reported purchases, sales, exercises, gifts, or other transactions in this filing.

Key Figures

Buy transactions reported: 0 transactions Sell transactions reported: 0 transactions Net buy/sell shares: 0 shares

3 metrics

Buy transactions reported 0 transactions Form 3 transaction summary buyCount

Sell transactions reported 0 transactions Form 3 transaction summary sellCount

Net buy/sell shares 0 shares Form 3 transaction summary netBuySellShares

Key Terms

Form 3, reporting person, beneficial ownership

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

"This filing establishes Amir as a reporting person"

beneficial ownership financial

"initial statement of beneficial ownership"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing by Hillman Amir for FORTY mean?

The Form 3 filing identifies Hillman Amir as a director and reporting person for FORMULA SYSTEMS (1985) LTD (FORTY). It is an initial statement of beneficial ownership, providing a baseline for any future insider transactions.

Does the FORTY Form 3 for Hillman Amir report any stock transactions?

No transactions are reported in this Form 3 for Hillman Amir. The transaction summary shows zero buys, sells, exercises, gifts, tax withholdings, or restructurings, indicating this filing is purely an initial ownership report.

What roles does Hillman Amir hold at FORMULA SYSTEMS (1985) LTD (FORTY)?

The filing lists Hillman Amir as a director of FORMULA SYSTEMS (1985) LTD. He is not identified as an officer and is not marked as a ten percent owner in this Form 3 submission.

Are there any derivative securities reported for Hillman Amir in the FORTY Form 3?

The Form 3 shows an empty derivative summary for Hillman Amir. That means no options, warrants, or other derivative securities are listed for him in this particular filing’s derivative section.

What does a neutral net buy/sell direction indicate in FORTY’s Form 3?

A neutral net buy/sell direction with zero net shares indicates no insider trading activity is reported in this Form 3. It simply sets up reporting for future activity by director Hillman Amir in FORMULA SYSTEMS (1985) LTD.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/16/2026 - 12:50 PM EDT Learn about SEC filing dates

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^*

Hillman Amir

(Last) (First) (Middle)

11 YEHUDA WHOLMAN STREET

(Street)

TEL AVIV 00000

(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)

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.

	Amir Hillman	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)