MIND CTI (MNDO) CFO discloses 5,000-share stock option grant vesting in 2028

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MIND CTI LTD Chief Financial Officer Arie Abramovich reported his initial holdings as an insider. He holds a stock option giving the right to buy 5,000 Ordinary Shares at an exercise price of $0.003 per share. According to the disclosure, these options were granted on March 8, 2023 and will vest on March 8, 2028, with an expiration date also in 2028. The position is reported as directly owned and reflects an existing derivative holding rather than a new market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Abramovich Arie

Role CFO

Type	Security	Shares	Price	Value
holding	Stock option (right to buy)	--	--	--

Holdings After Transaction: Stock option (right to buy) — 5,000 shares (Direct)

Footnotes (1)

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Key Figures

Option underlying shares: 5,000 shares Exercise price: $0.003 per share Reported derivative holding: 5,000.0000 +3 more

6 metrics

Option underlying shares 5,000 shares Underlying Ordinary Shares for stock option holding

Exercise price $0.003 per share Stock option exercise price for Ordinary Shares

Reported derivative holding 5,000.0000 Total stock option units following reporting

Grant date March 8, 2023 Options were granted on this date per footnote

Vesting date March 8, 2028 5,000 options vest on this date per footnote

Expiration date 2028-03-08 Option expiration date for the reported holding

Key Terms

Stock option (right to buy), Ordinary Shares, vesting, expiration date

4 terms

Stock option (right to buy) financial

"security_title: Stock option (right to buy)"

Ordinary Shares financial

"underlying_security_title: Ordinary Shares"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

vesting financial

"vest as follows: 5,000 option vest on March 8, 2028"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

expiration date financial

"expiration_date: 2028-03-08T00:00:00.000Z"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

Understanding Insider Trading Forms →

04/16/2026 - 08:20 AM

SEC Form 3

FORM 3

UNITED 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^*

Abramovich Arie

(Last)

(First)

(Middle)

C/O MIND CTI LTD.

2 HACARMEL

(Street)

YOQNEAM ILIT

(City)

(State)

(Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/28/2026

3. Issuer Name and Ticker or Trading Symbol
MIND CTI LTD [ MNDO ]

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CFO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Stock option (right to buy)	⁽¹⁾	03/08/2028	Ordinary Shares	5,000	$0.003	D

Explanation of Responses:

1. The options were granted on March 8, 2023, and vest as follows: 5,000 option vest on March 8, 2028.

Remarks:

This Form 3 has been filed after March 18, 2026 but on or 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.

	/s/ Arie Abramovich	04/16/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider position did MIND CTI (MNDO) CFO Arie Abramovich report on this Form 3?

He reported holding a stock option to acquire 5,000 Ordinary Shares. The option represents a derivative right rather than current share ownership and is disclosed as directly owned as part of his initial insider holdings at MIND CTI.

What is the exercise price of the MIND CTI (MNDO) stock options reported by the CFO?

The reported stock option has an exercise price of $0.003 per Ordinary Share. This is the price the CFO would pay per share if he exercises the option after it vests, according to the filing details and accompanying footnote.

When do the MIND CTI (MNDO) CFO’s stock options vest and expire?

The filing states the options were granted on March 8, 2023 and 5,000 options vest on March 8, 2028. The expiration date for this stock option position is also in 2028, giving a finite window after vesting to exercise the rights.

Does this MIND CTI (MNDO) Form 3 show any insider buying or selling of shares?

No buy or sell transactions are shown. The Form 3 reports an existing holding of a stock option for 5,000 underlying Ordinary Shares, classified as a derivative security, rather than any open-market purchase or sale of the company’s stock.

How is the ownership of the reported MIND CTI (MNDO) options characterized in the filing?

The options are reported as directly owned by the CFO. The filing lists the security as a stock option with direct ownership, and the footnote explains the grant and vesting schedule, without attributing the position to any external entity or trust.