Director Ilan Flato details Hub Cyber Security (HUBC) RSU grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Hub Cyber Security Ltd. director Ilan Flato filed a Form 3 reporting his initial ownership of the company’s Ordinary Shares. The filing lists several direct holdings, including positions showing 17,235, 2,000 and 44,705 Ordinary Shares in separate entries.
The footnotes describe two Restricted Share Unit (RSU) awards. One RSU grant vests in eight quarterly installments of 500 Ordinary Shares beginning on December 30, 2024. A second RSU grant vests in eight monthly installments of 7,451 Ordinary Shares beginning on January 16, 2026, with each RSU convertible into one Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Flato Ilan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 17,235 shares (Direct)
Footnotes (1)
- Represents Restricted Share Units ("RSUs") that vest in eight quarterly installments of 500 Ordinary Shares beginning December 30, 2024. Each RSU represents the right to receive one ordinary share ("Ordinary Share") of the Issuer. Represents RSUs that vest in eight monthly installments of 7,451 Ordinary Shares beginning January 16, 2026. Each RSU represents the right to receive one Ordinary Share of the Issuer.
Key Figures
Ordinary Share holding: 17,235 shares
Ordinary Share holding: 2,000 shares
Ordinary Share holding: 44,705 shares
+4 more
7 metrics
Ordinary Share holding
17,235 shares
Direct Ordinary Share position listed for Ilan Flato
Ordinary Share holding
2,000 shares
Additional direct Ordinary Share position listed for Ilan Flato
Ordinary Share holding
44,705 shares
Further direct Ordinary Share position listed for Ilan Flato
Quarterly RSU vesting size
500 shares
RSUs vest in eight quarterly installments beginning December 30, 2024
Number of quarterly installments
8 installments
Quarterly RSU award starting December 30, 2024
Monthly RSU vesting size
7,451 shares
RSUs vest in eight monthly installments beginning January 16, 2026
Number of monthly installments
8 installments
Monthly RSU award starting January 16, 2026
Key Terms
Restricted Share Units ("RSUs"), Ordinary Shares, vest, quarterly installments, +1 more
5 terms
vest financial
"RSUs that vest in eight quarterly installments of 500 Ordinary Shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
quarterly installments financial
"vest in eight quarterly installments of 500 Ordinary Shares beginning December 30, 2024"
monthly installments financial
"vest in eight monthly installments of 7,451 Ordinary Shares beginning January 16, 2026"
Monthly installments are regular, fixed payments made each month to gradually pay off a larger amount, such as a loan or purchase. Think of it like paying for a big item in small, manageable parts instead of all at once. For investors, understanding installment payments helps gauge how debts are structured and how they might affect financial stability or cash flow over time.
FAQ
What does Hub Cyber Security (HUBC) director Ilan Flato report on this Form 3?
Director Ilan Flato reports his initial ownership of Ordinary Shares of Hub Cyber Security Ltd. The filing lists several direct positions, plus RSU grants that convert into ordinary shares over time as they vest under defined schedules.
How do Ilan Flato’s Hub Cyber (HUBC) RSUs vest over time?
One RSU grant vests in eight quarterly installments of 500 Ordinary Shares starting December 30, 2024. Another RSU grant vests in eight monthly installments of 7,451 Ordinary Shares starting January 16, 2026, each RSU delivering one Ordinary Share upon vesting.
What is an RSU in the context of Hub Cyber (HUBC) director compensation?
An RSU, or Restricted Share Unit, is a promise to deliver a share in the future. For Hub Cyber, each RSU represents the right to receive one Ordinary Share once vesting conditions are met over the specified quarterly or monthly schedules.
Does this Hub Cyber (HUBC) Form 3 show any insider buying or selling activity?
The Form 3 primarily reports initial holdings and RSU awards for director Ilan Flato. The transaction records are categorized as holdings with unknown transaction codes, and summary data show no classified buy or sell transactions in this particular filing.
When do Ilan Flato’s larger RSU tranches in Hub Cyber (HUBC) begin vesting?
The larger RSU award begins vesting on January 16, 2026 in eight monthly installments of 7,451 Ordinary Shares. A smaller RSU grant starts earlier, vesting from December 30, 2024 in eight quarterly installments of 500 Ordinary Shares each.