Innoviz Technologies (NASDAQ: INVZ) grants 110,668 RSUs to company director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Innoviz Technologies Ltd. director Ronit Maor Shenaar received an equity grant in the form of restricted share units. The filing reports an award of 110,668 Ordinary Shares at a price of $0.00 per share, increasing direct holdings to 344,997 ordinary shares.
According to the footnotes, the grant consists of 110,668 Restricted Share Units (RSUs) granted on May 13, 2026, which will fully vest on April 5, 2027, provided the director remains a service provider to Innoviz through that date. Each RSU represents a contingent right to receive one ordinary share with no exercise price. The filing also notes that the reported post-transaction position includes 234,329 ordinary shares in addition to the new RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maor Shenaar Ronit
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 110,668 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 344,997 shares (Direct, null)
Footnotes (1)
- Represents 110,668 Restricted Share Units (RSUs) granted on May 13, 2026, which shall fully vest on April 5, 2027, subject to the Reporting Person remaining a service provider of the Issuer on the vesting date. Each RSU represents a contingent right to receive one ordinary share. No exercise price is applicable. Includes 234,329 ordinary shares.
Key Figures
RSUs granted: 110,668 RSUs
Grant price: $0.00 per share
Shares after transaction: 344,997 ordinary shares
+2 more
5 metrics
RSUs granted
110,668 RSUs
Grant on May 13, 2026 to director Ronit Maor Shenaar
Grant price
$0.00 per share
Price per Ordinary Share for the RSU award
Shares after transaction
344,997 ordinary shares
Total direct holdings following the RSU grant
Existing ordinary shares
234,329 ordinary shares
Ordinary shares included within the post-transaction total
Vesting date
April 5, 2027
Date when all 110,668 RSUs vest if service continues
Key Terms
Restricted Share Units (RSUs), vest, contingent right
3 terms
vest financial
"RSUs granted on May 13, 2026, which shall fully vest on April 5, 2027"
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.
contingent right financial
"Each RSU represents a contingent right to receive one ordinary share."
FAQ
What insider transaction did Innoviz Technologies (INVZ) report for Ronit Maor Shenaar?
Innoviz reported a grant of 110,668 Restricted Share Units to director Ronit Maor Shenaar. These RSUs are a form of equity compensation, not an open-market share purchase, and increase her reported direct holdings to 344,997 ordinary shares after the grant.
What are the vesting terms of the 110,668 RSUs granted by Innoviz (INVZ)?
The 110,668 Restricted Share Units granted on May 13, 2026 fully vest on April 5, 2027. Vesting is conditional on Ronit Maor Shenaar remaining a service provider to Innoviz Technologies through that vesting date, aligning compensation with continued service.
Does the Innoviz (INVZ) RSU grant to Ronit Maor Shenaar have an exercise price?
The RSU grant carries no exercise price; it is reported at $0.00 per share. Each Restricted Share Unit represents a contingent right to receive one ordinary share of Innoviz upon vesting, making it standard equity compensation rather than an options-style instrument.