FORMULA SYSTEMS director files initial Form 3

FORMULA SYSTEMS (1985) LTD director Ilan Regev has filed an initial Form 3, which is a statement of beneficial ownership for insiders.

Accepted by SEC EDGAR 04/16/2026 - 01:09 PM EDT Learn about SEC filing dates

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.

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

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

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.

Does the FORMULA SYSTEMS (FORTY) Form 3 include any insider share transactions?

No share transactions appear in the provided Form 3 data. The transaction summary shows zero buys, sells, exercises, gifts, and other dispositions, indicating that this filing functions only as an initial ownership statement, without reporting trading activity.

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.

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

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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

OMB APPROVAL

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

1. Name and Address of Reporting Person^*

Regev Ilan

(Last) (First) (Middle)

2 HEFTMAN ST

(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.

	Regev Ilan	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)