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MAGIC Software (MGIC) CFO Asaf Berenstin files initial insider Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

MAGIC SOFTWARE ENTERPRISES LTD filed an initial insider ownership report on Form 3 for its CFO, Asaf Berenstin. The filing lists him as an officer but shows no reported transactions or shareholdings and indicates he is not a ten percent owner.

Positive

  • None.

Negative

  • None.
Reported insider buy transactions 0 Form 3 transaction summary
Reported insider sell transactions 0 Form 3 transaction summary
Derivative transactions reported 0 Form 3 derivative transaction count
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
reporting person regulatory
""reportingPersons": [ { "name": "Berenstin Asaf""
ten percent owner regulatory
""is_ten_percent_owner": 0"
transaction summary financial
""transactionSummary": { "buyCount": 0"
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Berenstin Asaf

(Last)(First)(Middle)
C/O MAGIC SOFTWARE ENTERPRISES LTD.
YAHADUT CANADA 1 STREET

(Street)
OR YEHUDA6037501

(City)(State)(Zip)

ISRAEL

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
MAGIC SOFTWARE ENTERPRISES LTD [ MGIC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
This Form 3 has been filed after March 18, 2026 but prior to April 20, 2026 in reliance on the temporary relief made available to the directors and officers of certain foreign private issuers by the Staff of the Securities and Exchange Commission in its no-action letter dated March 13, 2026.
No securities are beneficially owned.
Asaf Berenstin04/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the MAGIC SOFTWARE (MGIC) Form 3 filing for CFO Asaf Berenstin show?

The Form 3 filing shows that CFO Asaf Berenstin is an officer of MAGIC SOFTWARE ENTERPRISES LTD, with no reported transactions or holdings and not classified as a ten percent owner in this initial statement.

Does the MGIC Form 3 indicate any insider buying or selling by the CFO?

No insider buying or selling is indicated. The Form 3 transaction summary reports zero buy, zero sell, and no other transaction types, reflecting no share activity disclosed in this initial ownership report for the CFO.

Is MAGIC SOFTWARE CFO Asaf Berenstin a ten percent owner according to the Form 3?

The Form 3 identifies CFO Asaf Berenstin as an officer but marks the ten percent owner field as false. This means he is not reported as beneficially owning ten percent or more of MAGIC SOFTWARE ENTERPRISES LTD shares in this filing.

Are there any derivative securities reported for the MGIC CFO on this Form 3?

No derivative securities are reported. The derivativeSummary is empty and the transaction summary shows zero derivative transactions, indicating no options, warrants, or similar instruments disclosed for the CFO in this Form 3 excerpt.

What roles are disclosed for the reporting person in the MAGIC SOFTWARE (MGIC) Form 3?

The reporting person, Berenstin Asaf, is disclosed as an officer of MAGIC SOFTWARE ENTERPRISES LTD with the title CFO. He is not marked as a director or ten percent owner in this initial ownership statement.