FORMULA SYSTEMS (FORTY) director Ilan Regev files initial Form 3 ownership report
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
FORMULA SYSTEMS (1985) LTD director Ilan Regev has filed an initial Form 3, which is a statement of beneficial ownership for insiders. This filing lists him as a director but does not report any stock transactions or specific share holdings in the provided data.
Positive
- None.
Negative
- None.
Key Terms
Form 3, beneficial ownership, reporting person
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.
beneficial ownership financial
"initial statement of beneficial ownership for insiders"
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.
reporting person regulatory
""reportingPersons": [ { "name": "Regev Ilan""
FAQ
What does the Form 3 filing by FORMULA SYSTEMS (1985) LTD (FORTY) show?
The Form 3 filing identifies Ilan Regev as a director of FORMULA SYSTEMS (1985) LTD. It serves as an initial statement of beneficial ownership for insiders but, in the provided data, does not list any transactions or specific share amounts.
Who is the reporting person on the FORMULA SYSTEMS (FORTY) Form 3?
The reporting person is Ilan Regev, who is listed as a director of FORMULA SYSTEMS (1985) LTD. The filing records his insider status with the company but does not, in the provided data, include detailed holdings or trades.
Are any derivative securities reported in the FORMULA SYSTEMS (FORTY) Form 3?
The derivative section in the provided Form 3 data is empty. This indicates that no options, warrants, or other derivative positions are disclosed for Ilan Regev in this particular filing excerpt, beyond noting his role as a director.
What does the transaction summary in the FORMULA SYSTEMS (FORTY) Form 3 indicate?
The transaction summary shows zero counts for buys, sells, exercises, gifts, tax withholding, and restructurings. Net buy-sell direction is neutral, meaning the filing does not reflect any insider trading activity during the period covered by this initial statement.