Formula Systems (FORTY) director Itay Meroz submits initial Form 3

Rhea-AI Filing Summary

FORMULA SYSTEMS (1985) LTD director Itay Meroz filed an initial Form 3, which is a baseline disclosure of his status as a reporting person. The filing lists him as a director and indicates he is not classified as a ten percent owner.

Key Terms

reporting person, ten percent owner, Form 3

3 terms

reporting person regulatory

"The Form 3 shows that Itay Meroz is a director and reporting person"

ten percent owner regulatory

"The filing indicates that director Itay Meroz is not a ten percent owner"

Form 3 regulatory

"The Form 3 shows that Itay Meroz is a director and reporting person"

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.

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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^*

Meroz Itay IM

(Last) (First) (Middle)

20 METSADA ST,

(Street)

RAMAT GAN 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.

	Itay Meroz	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 the FORMULA SYSTEMS (1985) LTD (FORTY) Form 3 filing show?

The Form 3 shows that Itay Meroz is a director and reporting person for FORMULA SYSTEMS (1985) LTD. It establishes his insider status with the SEC but does not list any specific transactions or changes in ownership.

Who is the reporting person in the FORTY Form 3 filing?

The reporting person is Itay Meroz, identified as a director of FORMULA SYSTEMS (1985) LTD. The filing records his role and insider status, serving as his initial ownership report under SEC rules for company insiders.

Does the FORMULA SYSTEMS (1985) LTD Form 3 report any stock transactions?

No, the Form 3 does not report any stock transactions. It only provides an initial registration of Itay Meroz as a reporting person and director, with transaction counts and share activity fields all recorded as zero in the summary data.

Is the director in the FORTY Form 3 a ten percent owner?

The filing indicates that director Itay Meroz is not a ten percent owner of FORMULA SYSTEMS (1985) LTD. The ten percent owner flag is set to zero, meaning he is treated solely as a director for reporting purposes in this document.

What is the purpose of this FORTY Form 3 insider filing?

This Form 3 serves as an initial statement of beneficial ownership for director Itay Meroz at FORMULA SYSTEMS (1985) LTD. It identifies him as an insider subject to ongoing SEC reporting, even though no specific share holdings or transactions are detailed here.