Director at Innoviz (NASDAQ: INVZ) receives 110,668 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Innoviz Technologies Ltd. director Aharon Aharon received a compensation grant of 110,668 Restricted Share Units (RSUs) on May 13, 2026. Each RSU gives the right to one ordinary share with no exercise price, so there is no cash paid to acquire these shares.
The RSUs will fully vest on April 5, 2027, if he remains a service provider to the company on that date. After this grant, he directly holds 344,997 ordinary shares, including 234,329 ordinary shares already held before this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aharon Aharon
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
Vesting date: April 5, 2027
Shares after transaction: 344,997 ordinary shares
+2 more
5 metrics
RSUs granted
110,668 RSUs
Grant dated May 13, 2026
Vesting date
April 5, 2027
RSUs fully vest if service continues
Shares after transaction
344,997 ordinary shares
Direct holdings following RSU grant
Existing ordinary shares
234,329 ordinary shares
Included within total direct holdings
Exercise price
$0.00 per RSU
No exercise price is applicable
Key Terms
Restricted Share Units (RSUs), vesting, ordinary shares
3 terms
vesting financial
"which shall fully vest on April 5, 2027, subject to the Reporting Person remaining"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Innoviz (INVZ) director Aharon Aharon report in this Form 4?
Director Aharon Aharon reported receiving a grant of 110,668 Restricted Share Units (RSUs). These are compensation-related awards, not open-market purchases or sales, and each RSU represents a right to receive one Innoviz ordinary share with no exercise price.
How many Innoviz (INVZ) RSUs were granted and when do they vest?
Innoviz granted 110,668 Restricted Share Units (RSUs) to director Aharon Aharon. According to the filing, these RSUs will fully vest on April 5, 2027, provided he continues as a service provider to the company through the vesting date.
Does the Innoviz (INVZ) RSU grant to Aharon Aharon require any purchase price?
The RSU grant carries no exercise price. Each Restricted Share Unit represents a contingent right to receive one ordinary share of Innoviz, so the director does not pay cash to exercise the award when it vests, according to the filing footnote.
Is this Innoviz (INVZ) Form 4 transaction a buy or sell in the market?
The Form 4 reports a grant or award acquisition, not a market trade. The transaction is coded “A,” indicating 110,668 RSUs were granted as compensation. There are no reported open-market purchases or sales of Innoviz ordinary shares in this filing.