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Hub Cyber Security (HUBC) CRO discloses RSU-based share stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Hub Cyber Security Ltd. executive Paul F. Parisi, the Chief Revenue Officer, filed an initial Form 3 reporting his beneficial ownership of the company’s ordinary shares. The filing shows two direct ownership entries of ordinary shares and notes that part of his interest is in the form of restricted share units.

According to the footnote, these restricted share units vest in sixteen quarterly installments of 375 ordinary shares beginning on June 10, 2025, with each unit delivering one ordinary share when it vests. This structure gradually increases his equity exposure over time as the RSUs vest.

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Insider Parisi Paul F.
Role Chief Revenue Officer
Type Security Shares Price Value
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 750 shares (Direct)
Footnotes (1)
  1. [object Object]
Ordinary shares holding entry 1 750 ordinary shares Total shares following first reported holding entry
Ordinary shares holding entry 2 5,250 ordinary shares Total shares following second reported holding entry
Quarterly RSU vesting tranche 375 ordinary shares per installment Each RSU installment beginning June 10, 2025
Number of vesting installments 16 quarterly installments RSUs vest over sixteen quarterly periods
Restricted Share Units ("RSUs") financial
"Represents Restricted Share Units ("RSUs") that vest in sixteen quarterly installments"
Ordinary Shares financial
"Each RSU represents the right to receive one ordinary share ("Ordinary Share")"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
vest in sixteen quarterly installments financial
"that vest in sixteen quarterly installments of 375 Ordinary Shares"
Chief Revenue Officer financial
"officer_title": "Chief Revenue Officer""
A chief revenue officer is a top executive responsible for overseeing all aspects of generating income for a company, including sales, marketing, and customer relationships. They develop strategies to attract and retain customers, much like a coach guiding a team to score more points. Investors pay attention to this role because it directly influences the company's growth and profitability.
SEC Form 3
FORM 3UNITED 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*
Parisi Paul F.

(Last)(First)(Middle)
C/O HUB CYBER SECURITY LTD.
2 KAPLAN STREET

(Street)
TEL AVIV6473403

(City)(State)(Zip)

ISRAEL

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/31/2026
3. Issuer Name and Ticker or Trading Symbol
Hub Cyber Security Ltd. [ HUBC ]
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Ordinary Shares750D
Ordinary Shares5,250(1)D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents Restricted Share Units ("RSUs") that vest in sixteen quarterly installments of 375 Ordinary Shares beginning June 10, 2025. Each RSU represents the right to receive one ordinary share ("Ordinary Share") of the Issuer.
Remarks:
Exhibit List Exhibit 24 - Power of Attorney
/s/ Tuvia Grossman as attorney-in-fact for Paul Parisi03/31/2026
** Signature of Reporting PersonDate
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 Hub Cyber Security (HUBC) disclose about Paul Parisi’s share holdings?

Hub Cyber Security reports that Chief Revenue Officer Paul F. Parisi holds ordinary shares directly and also has restricted share units. These RSUs vest in scheduled quarterly installments, giving him the right to receive additional ordinary shares over time as they vest.

How many ordinary shares does Paul Parisi hold after the reported Form 3 entries for HUBC?

The Form 3 lists two direct ownership entries: one showing 750 ordinary shares and another showing 5,250 ordinary shares following the reported holdings. These entries reflect his beneficial ownership positions as recorded on the Form 3 for Hub Cyber Security Ltd.

How do Paul Parisi’s RSUs at Hub Cyber Security (HUBC) vest over time?

Parisi’s RSUs vest in sixteen quarterly installments of 375 ordinary shares beginning June 10, 2025. Each restricted share unit converts into one ordinary share when it vests, gradually increasing his equity stake as long as vesting conditions continue to be met.

What role does Paul F. Parisi hold at Hub Cyber Security (HUBC)?

Paul F. Parisi serves as Chief Revenue Officer of Hub Cyber Security Ltd., according to the Form 3 filing. His reported ordinary share holdings and RSUs align his compensation with the company’s equity performance over time through ongoing vesting.

Are Paul Parisi’s HUBC holdings direct or indirect according to the Form 3?

The Form 3 shows both holdings as direct ownership entries, indicated by the code "D" and an ownership type described as direct. These entries, combined with his RSUs, reflect equity interests held personally rather than through a separate entity.