Director Shani Yigal details direct and indirect Ituran (ITRN) shareholdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ituran Location & Control Ltd. director Shani Yigal has filed an initial statement of ownership showing his stake in the company’s ordinary shares. The filing reports 5,000 ordinary shares held directly and a further 206,442 ordinary shares held indirectly through his holdings in Moked Ituran Ltd. There are no reported purchases, sales, or option exercises in this filing; it simply establishes Yigal’s current direct and indirect ownership positions in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shani Yigal
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 5,000 shares (Direct);
Ordinary Shares — 206,442 shares (Indirect, Through his holdings In Moked Ituran Ltd.)
Footnotes (1)
FAQ
What does the Form 3 filing by Shani Yigal for ITRN show?
The Form 3 shows that director Shani Yigal reports 5,000 ordinary shares held directly and 206,442 ordinary shares held indirectly through Moked Ituran Ltd., establishing his initial ownership position in Ituran Location & Control Ltd..
What is the meaning of indirect ownership in Moked Ituran Ltd. for ITRN?
Indirect ownership means the shares are held through another entity. Here, 206,442 ordinary shares of Ituran Location & Control Ltd. are attributed to Shani Yigal through his holdings in Moked Ituran Ltd., rather than being registered in his own name.
Does the Ituran (ITRN) Form 3 include any derivative or option positions for Shani Yigal?
No, the Form 3 shows no derivative or option holdings. It lists only ordinary shares: 5,000 held directly and 206,442 held indirectly through Moked Ituran Ltd., with no options, warrants, or other derivative securities reported.