Kornit Digital CPO discloses options and RSUs
Kornit Digital Ltd. filed an initial ownership report for chief product officer Daniel Gazit, detailing his existing equity awards.
Rhea-AI Filing Summary
Kornit Digital Ltd. filed an initial ownership report for chief product officer Daniel Gazit, detailing his existing equity awards. The filing lists options to buy 7,000 ordinary shares at an exercise price of 105.0600 per share, expiring on January 31, 2032.
It also describes multiple time-based restricted share unit (RSU) grants made between March 2022 and March 2025. Each grant vests 25% on the one-year anniversary of its grant date, then 6.25% quarterly over three years, with full vesting scheduled between March 2026 and March 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Gazit Daniel
Role
CHIEF PRODUCT OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (right to buy ordinary shares) | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Options (right to buy ordinary shares) — 7,000 contracts (Direct);
Ordinary shares — 45,738 shares (Direct)
Footnotes (6)
- F1. The ordinary shares reported in this row consist of shares underlying restricted share units ("RSUs") that were granted to the Reporting Person on March 20, 2022 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 20, 2026).
- F2. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on September 19, 2022 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (September 19, 2026).
- F3. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 9, 2023 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 9, 2027).
- F4. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 19, 2024 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 19, 2028).
- F5. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 13, 2025 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs will vest and settle for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs will vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 13, 2029).
- F6. The options to purchase ordinary shares reported in this row were granted by the Issuer to the Reporting Person on January 31, 2022 and vest and become exercisable for underlying ordinary shares in accordance with the following schedule: 25% of the options vested upon the one-year anniversary of the grant date, and an additional 6.25% of the options vest on a quarterly basis over the following three years such that all options reported in this row will be fully vested and exercisable on the four-year anniversary of the grant date (January 31, 2026).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Daniel Gazit Form 3 filing for KRNT show?
The filing shows chief product officer Daniel Gazit’s existing Kornit Digital equity awards, including options and RSUs. It is an initial ownership report, not a record of new share purchases or sales, and outlines how these awards vest over time.
How many stock options does Daniel Gazit hold in Kornit Digital (KRNT)?
Daniel Gazit holds options to buy 7,000 Kornit Digital ordinary shares. These options were granted on January 31, 2022, carry an exercise price of 105.0600 per share, and vest quarterly after the first year until fully vested on January 31, 2026.
What is the vesting schedule for Daniel Gazit’s RSUs at KRNT?
Each RSU grant vests 25% on the first anniversary of its grant date, then 6.25% every quarter for three years. According to the filing, the various grants will fully vest on March 20, 2026, September 19, 2026, March 9, 2027, March 19, 2028, and March 13, 2029.
Does the Daniel Gazit Form 3 for Kornit Digital include any stock sales?
The report does not indicate any stock sales or purchases. It classifies the entries as holdings, listing Gazit’s existing ordinary share and RSU positions, plus options, rather than recording market transactions or changes in his overall ownership stake.
What derivative securities are reported for Daniel Gazit in KRNT?
The filing reports options to purchase 7,000 Kornit Digital ordinary shares as derivative securities. These options have an exercise price of 105.0600, vest over four years from the January 31, 2022 grant date, and expire on January 31, 2032 if not exercised.
Over what period will Daniel Gazit’s Kornit Digital RSUs fully vest?
The RSU grants to Daniel Gazit have staggered full vesting dates between March 20, 2026 and March 13, 2029. Each grant follows the same structure: 25% vesting after one year, then 6.25% quarterly over three years until fully vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.
