MIND CTI (NASDAQ: MNDO) VP of IT reports shares and option grants

Rhea-AI Filing Summary

MIND CTI LTD executive Cohen Nissan Shoval, VP of IT, has reported his initial ownership. He holds 25,000 Ordinary Shares directly, plus stock options over 15,000 Ordinary Shares at an exercise price of $0.003 per share, expiring in 2027 and vesting in 2026.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Cohen Nissan Shoval

Role VP of IT

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

Holdings After Transaction: Stock option (right to buy) — 5,000 shares (Direct); Ordinary Shares — 25,000 shares (Direct)

Footnotes (1)

1. The options were granted on May 12, 2022, and vest as follows: 5,000 option vest on May 12, 2026. The options were granted on June 26, 2022, and vest as follows: 10,000 option vest on June 12, 2026.

Key Figures

Ordinary Shares held: 25,000 shares Option underlying shares (grant 1): 5,000 shares at $0.003 Option underlying shares (grant 2): 10,000 shares at $0.003 +2 more

5 metrics

Ordinary Shares held 25,000 shares Total Ordinary Shares directly owned as of the Form 3

Option underlying shares (grant 1) 5,000 shares at $0.003 Stock option over 5,000 Ordinary Shares, expiration May 12, 2027

Option underlying shares (grant 2) 10,000 shares at $0.003 Stock option over 10,000 Ordinary Shares, expiration June 26, 2027

Vesting date grant 1 May 12, 2026 5,000 options vest on May 12, 2026

Vesting date grant 2 June 12, 2026 10,000 options vest on June 12, 2026

Key Terms

Stock option (right to buy), Ordinary Shares, exercise price, vesting

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.

exercise price financial

"exercisePrice: 0.0030"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"vest as follows: 5,000 option vest on May 12, 2026"

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.

Understanding Insider Trading Forms →

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^*

Cohen Nissan Shoval

(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)
03/18/2026

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)
	VP of IT

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)
Ordinary Shares	25,000	D

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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock option (right to buy)	(1)	05/12/2027	Ordinary Shares	5,000	$0.003	D
Stock option (right to buy)	(2)	06/26/2027	Ordinary Shares	10,000	$0.003	D

Explanation of Responses:

1. The options were granted on May 12, 2022, and vest as follows: 5,000 option vest on May 12, 2026.

2. The options were granted on June 26, 2022, and vest as follows: 10,000 option vest on June 12, 2026.

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/ Shoval Cohen Nissan	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)

FAQ

What does the Form 3 filing for MNDO’s Cohen Nissan Shoval show?

The Form 3 shows Cohen Nissan Shoval, VP of IT at MIND CTI LTD, reporting his initial ownership of 25,000 Ordinary Shares and stock options over 15,000 Ordinary Shares at an exercise price of $0.003 per share, expiring in 2027.

How many MIND CTI (MNDO) Ordinary Shares does the VP of IT hold?

Cohen Nissan Shoval directly holds 25,000 Ordinary Shares of MIND CTI LTD. This figure reflects his reported beneficial ownership as of the Form 3 filing date and does not indicate any recent purchase or sale activity, only his current position.

What stock options are reported for MNDO’s VP of IT in this Form 3?

He reports stock options over 5,000 Ordinary Shares and 10,000 Ordinary Shares, each with a $0.003 exercise price. These options were granted in 2022 and are scheduled to vest in 2026, with expirations in 2027, indicating future potential share ownership.

When do the MNDO stock options held by the VP of IT vest and expire?

Options over 5,000 shares were granted May 12, 2022 and vest on May 12, 2026, expiring May 12, 2027. Options over 10,000 shares were granted June 26, 2022 and vest on June 12, 2026, expiring June 26, 2027, if not exercised earlier.

Does this MNDO Form 3 indicate any recent insider buying or selling?

The Form 3 lists existing holdings and option grants but shows no explicit buy or sell transactions. All three entries are classified as holdings, with transaction codes and directions marked as unknown, so it functions as an initial ownership snapshot.