Innoviz Technologies grants equity awards to CBO
Innoviz Technologies Ltd. granted Chief Business Officer Elad Ben Hofstetter 57,968 share options on August 4, 2026, each for one ordinary share at an exercise price of $0.42 per share.
Rhea-AI Filing Summary
Innoviz Technologies Ltd. granted Chief Business Officer Elad Ben Hofstetter 57,968 share options on August 4, 2026, each for one ordinary share at an exercise price of $0.42 per share. These options vest one-fourth on August 4, 2027, with the remainder vesting quarterly through 2030, and expire on August 4, 2033.
The company also granted 54,112 Restricted Share Units (RSUs), each a contingent right to one ordinary share with no exercise price, vesting on the same schedule and subject to continued service. After these awards, he directly holds 286,256 ordinary shares, including 176,964 shares issuable upon vesting of multiple RSU grants.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option F4 | 57,968 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares F1, F2, F3 | 54,112 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents 54,112 Restricted Share Units (RSUs) granted on August 4, 2026, one-fourth vesting on August 4, 2027, remainder vesting quarterly through 2030, 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.
- F2. Includes 176,964 ordinary shares issuable upon vesting of RSUs; of which (a) 1,782 RSUs granted August 9, 2022, vesting quarterly through 2026; (b) 7,592 RSUs granted August 1, 2023, vesting quarterly through 2027; (c) 10,454 RSUs granted February 27, 2024, with 1,788 vesting quarterly through 2027 and 8,666 vesting quarterly through 2028; (d) 21,087 RSUs granted August 20, 2024, vesting quarterly through 2028; (e) 11,341 RSUs granted February 25, 2025, vesting quarterly through 2029; (f) 30,804 RSUs granted August 5, 2025, vesting quarterly through 2029; (g) 39,792 RSUs granted November 11, 2025, one-fourth vesting on November 11, 2026, remainder vesting quarterly through 2029; and (h) 54,112 RSUs granted August 4, 2026, one-fourth vesting on August 4, 2027, remainder vesting quarterly through 2030.
- F3. Vesting is subject to the Reporting Person remaining a service provider of the Issuer on each applicable vesting date. Each RSU represents a contingent right to receive one ordinary share.
- F4. Share options granted on August 4, 2026, one-fourth vesting on August 4, 2027, remainder vesting quarterly through 2030, subject to the Reporting Person remaining a service provider of the Issuer on each applicable vesting date.
Key Figures
Key Terms
contingent right financial
exercise price financial
vesting financial
service provider financial
FAQ
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What insider equity awards did Innoviz Technologies (INVZ) disclose for Elad Ben Hofstetter?
How many RSUs were granted to the Innoviz Technologies (INVZ) CBO and how do they vest?
What are the terms of the stock options granted by Innoviz Technologies (INVZ) to its CBO?
How many RSUs remain outstanding for the Innoviz Technologies (INVZ) CBO from all grants?
Are the Innoviz Technologies (INVZ) equity awards to the CBO subject to conditions?
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