Mobileye (NASDAQ: MBLY) CEO reports major stock grant from Mentee Robotics buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mobileye Global Inc. CEO and President Amnon Shashua reported stock awards tied to the acquisition of Mentee Robotics Ltd. On February 3, 2026, he acquired 1,554,310 shares of Class A Common Stock, bringing one reported holding to 6,535,468 shares, held directly.
He also acquired 13,988,788 additional Class A shares, increasing another reported holding to 20,524,256 shares, also held directly. These shares were issued as part of the purchase consideration for Mentee, with portions deposited with a trustee and subject to lock-up, escrow, and deferred consideration arrangements under the Share Purchase Agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shashua Amnon
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,554,310 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 13,988,788 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 6,535,468 shares (Direct)
Footnotes (1)
- On February 3, 2026 (the "Closing Date"), pursuant to that certain Share Purchase Agreement (the "Share Purchase Agreement"), the Issuer directly and indirectly acquired all of the outstanding share capital of Mentee Robotics Ltd. ("Mentee" and together with the Share Purchase Agreement, the "Acquisition"). In connection with the Acquisition, each share of Mentee Robotics Ltd. held by the Reporting Person immediately prior to the Closing Date was exchanged for a combination of cash and shares of the Issuer's Class A Common Stock, par value $0.01 per share ("MBLY Global Common Stock"). Such shares of MBLY Global Common Stock were deposited with a trustee (the "Trustee"), portions of which are subject to a lock-up agreement and an escrow agreement, respectively, entered into in connection with the Acquisition. On the Closing Date, the Reporting Person sold all of the issued and outstanding shares of Mentee held by the Reporting Person immediately prior to the Closing Date in exchange for the right to receive (i) cash equal to fifty percent (50%) of the Reporting Person's total consideration, less (a) fifty percent (50%) of the Reporting Person's pro rata escrow amount contribution and (b) the Reporting Person's pro rata representative expense amount contribution, and (ii) shares of MBLY Global Common Stock. The number of shares of MBLY Global Common Stock issued was determined by dividing fifty percent (50%) of the Reporting Person's total consideration by a volume weighted average of the closing sale prices for MBLY Global Common Stock as quoted on the NASDAQ Stock Market over the thirty (30) trading days ending immediately prior to the date of the Share Purchase Agreement (the "Signing Date"). An amount of MBLY Global Common Stock issued to the Reporting Person equal to fifty percent (50%) of the Reporting Person's pro rata escrow amount contribution is subject to an escrow agreement entered into on the Closing Date and pursuant to the Share Purchase Agreement. Represents shares of MBLY Global Common Stock issued in connection with the Acquisition that were deposited with a Trustee as deferred consideration pursuant to the Share Purchase Agreement and a deferred consideration trustee agreement entered into on the Closing Date. Shares of MBLY Global Common Stock released from escrow to the Reporting Person pursuant to the terms of the Share Purchase Agreement and the Escrow Agreement, will remain subject to the aforementioned deferred consideration trustee agreement.
FAQ
What insider transaction did Mobileye (MBLY) report for CEO Amnon Shashua?
Mobileye reported that CEO Amnon Shashua acquired Class A Common Stock on February 3, 2026. He received 1,554,310 shares in one line item and 13,988,788 shares in another, all held directly, linked to Mobileye’s acquisition of Mentee Robotics Ltd.
How was Amnon Shashua’s consideration structured in the Mentee Robotics deal with Mobileye (MBLY)?
His consideration combined cash and Mobileye Class A stock. Cash equaled 50% of his total consideration, adjusted for escrow and representative expense contributions, while the remaining 50% was converted into shares using a 30-day volume-weighted average price before the signing date.
What is the role of escrow in the Mobileye (MBLY) and Mentee Robotics transaction?
An amount of Mobileye Class A shares equal to 50% of Amnon Shashua’s pro rata escrow contribution is subject to an escrow agreement. Shares released from escrow under that agreement continue to be governed by a deferred consideration trustee agreement linked to the acquisition.