STOCK TITAN

MIND CTI (MNDO) awards 200,000 stock options to Chief Business Officer Sorokin

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MIND CTI Ltd reported that Chief Business Officer Orly Sorokin received a grant of 200,000 stock options on August 6, 2026. The options have an exercise price of $1.03 per share and expire on August 6, 2031. They vest in tranches: 100,000 on August 6, 2028, 50,000 on August 6, 2029, and 50,000 on August 6, 2030, and represent a new direct derivative holding of 200,000 underlying ordinary shares.

Positive

  • None.

Negative

  • None.
Insider Sorokin Orly
Role Chief Business Officer
Type Security Shares Price Value
Grant/Award Stock option (right to buy) F1 200,000 $0.00 $0.00
Holdings After Transaction: Stock option (right to buy) — 200,000 shares (Direct)
Footnotes (1)
  1. F1. The options were granted on August 6, 2026 and vest as follows: 100,000 options vest on August 6, 2028, 50,000 options vest on August 6, 2029, and the remaining 50,000 options vest on August 6, 2030.
Options Granted 200,000 options Stock option (right to buy) grant on August 6, 2026
Exercise Price $1.03 per share Conversion or exercise price for granted options
Underlying Shares 200,000 ordinary shares Shares underlying the derivative security
Post-Grant Derivative Holdings 200,000 options Total derivative shares following the transaction
Vesting Tranche 1 100,000 options Vesting on August 6, 2028
Vesting Tranche 2 50,000 options Vesting on August 6, 2029
Vesting Tranche 3 50,000 options Vesting on August 6, 2030
Option Expiration August 6, 2031 Expiration date of the granted options
Stock option (right to buy) financial
"security_title: Stock option (right to buy)"
conversion or exercise price financial
"conversion_or_exercise_price: 1.0300"
vesting financial
"options were granted ... and vest as follows"
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: 2031-08-06"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did MIND CTI (MNDO) disclose about Orly Sorokin in this Form 4?

MIND CTI (MNDO) disclosed that Chief Business Officer Orly Sorokin received a grant of 200,000 stock options on August 6, 2026, with an exercise price of $1.03 per share and multi-year vesting through 2030.

How many stock options did Orly Sorokin receive from MIND CTI (MNDO)?

Orly Sorokin received 200,000 stock options from MIND CTI (MNDO). These options relate to 200,000 underlying ordinary shares and are held as a direct derivative position following the reported grant.

What is the exercise price of Orly Sorokin’s options at MIND CTI (MNDO)?

The exercise price of Orly Sorokin’s options at MIND CTI (MNDO) is $1.03 per share. This strike price applies to all 200,000 granted options tied to the company’s ordinary shares.

When do Orly Sorokin’s MIND CTI (MNDO) options vest?

The options vest in stages: 100,000 on August 6, 2028, 50,000 on August 6, 2029, and 50,000 on August 6, 2030. All vesting dates are referenced directly in the grant’s footnote.

What is the expiration date of the options granted to Orly Sorokin at MIND CTI (MNDO)?

The options granted to Orly Sorokin at MIND CTI (MNDO) expire on August 6, 2031. After this expiration date, any unexercised portion of the 200,000 options can no longer be exercised.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sorokin Orly

(Last)(First)(Middle)
C/O MIND CTI LTD.
2 HACARMEL

(Street)
YOKNEAM ILIT

(City)(State)(Zip)

ISRAEL

(Country)
2. Issuer Name and Ticker or Trading Symbol
MIND CTI LTD [ MNDO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock option (right to buy)$1.0308/06/2026A200,000 (1)08/06/2031Ordinary Shares200,000$0200,000D
Explanation of Responses:
1. The options were granted on August 6, 2026 and vest as follows: 100,000 options vest on August 6, 2028, 50,000 options vest on August 6, 2029, and the remaining 50,000 options vest on August 6, 2030.
/s/ Orly Sorokin08/10/2026
** 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 4 (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 4: SEC 1474 (03-26)