Polyrizon (PLRZ) director discloses initial restricted share holdings

Rhea-AI Filing Summary

Polyrizon Ltd. director Sidi Liat filed an initial ownership report showing direct holdings of 2 ordinary shares in one line and 3,646 ordinary shares in another. The 3,646 shares include 521 vested shares and 3,125 restricted shares that vest in six equal quarterly installments beginning on March 31, 2026, subject to continued service. Additional restricted ordinary shares vest in seven equal quarterly installments starting on April 30, 2026. Certain equity awards are held through a trustee to qualify for Israeli tax benefits under Section 102.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sidi Liat

Role Director

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 2 shares (Direct)

Footnotes (1)

1. These ordinary shares represent restricted ordinary shares, which vest in 7 equal quarterly installments on a quarterly basis beginning on April 30, 2026, subject to the Reporting Person's continued service. These ordinary shares represent restricted ordinary shares, of which (1) 521 ordinary shares are vested and (2) 3,125 restricted ordinary shares vest in 6 equal quarterly installments on a quarterly basis beginning on March 31, 2026, subject to the Reporting Person's continued service. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the Polyrizon Ltd. Amended and Restated Equity Incentive Plan must be registered in the name of a trustee.

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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

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1. Name and Address of Reporting Person^*

Sidi Liat

(Last) (First) (Middle)

C/O POLYRIZON LTD.

9 HAPNINA STREET

(Street)

RAANANA 4321546

(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
Polyrizon Ltd. [ PLRZ ]

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)

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

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	2(1)(3)	D
Ordinary Shares	3,646(2)(3)	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

Explanation of Responses:

1. These ordinary shares represent restricted ordinary shares, which vest in 7 equal quarterly installments on a quarterly basis beginning on April 30, 2026, subject to the Reporting Person's continued service.

2. These ordinary shares represent restricted ordinary shares, of which (1) 521 ordinary shares are vested and (2) 3,125 restricted ordinary shares vest in 6 equal quarterly installments on a quarterly basis beginning on March 31, 2026, subject to the Reporting Person's continued service.

3. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the Polyrizon Ltd. Amended and Restated Equity Incentive Plan must be registered in the name of a trustee.

	/s/ Liat Sidi	03/18/2026
	** 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 Polyrizon (PLRZ) disclose in Sidi Liat’s Form 3 filing?

The Form 3 shows director Sidi Liat’s initial ownership in Polyrizon ordinary shares. It reports 2 shares in one entry and 3,646 shares in another, including restricted shares that vest over time, providing a baseline of this director’s equity stake.

How many Polyrizon (PLRZ) shares does director Sidi Liat hold?

The filing reports director Sidi Liat holding 2 ordinary shares in one line and 3,646 ordinary shares in another. The 3,646 total consists of 521 already vested shares plus 3,125 restricted shares that will vest gradually, subject to continued service with Polyrizon.

How do Sidi Liat’s restricted Polyrizon (PLRZ) shares vest?

The Form 3 states that 3,125 of Sidi Liat’s Polyrizon restricted ordinary shares vest in six equal quarterly installments starting March 31, 2026. Another block of restricted shares vests in seven equal quarterly installments beginning April 30, 2026, all subject to continued service.

What portion of Sidi Liat’s Polyrizon (PLRZ) shares is already vested?

According to the filing, 521 of Sidi Liat’s 3,646 reported ordinary shares are vested. The remaining 3,125 are restricted shares scheduled to vest in six equal quarterly installments beginning on March 31, 2026, provided the director continues to serve Polyrizon.

Why are some Polyrizon (PLRZ) shares held through a trustee for Sidi Liat?

The footnotes explain that, under Section 102 of the Israeli Tax Ordinance, securities granted under the Polyrizon Ltd. Amended and Restated Equity Incentive Plan must be registered in a trustee’s name to qualify for certain tax benefits, affecting how these awards are formally held.

Does Sidi Liat’s Form 3 show recent buying or selling of Polyrizon (PLRZ) shares?

No specific buy or sell transactions are described. The Form 3 functions as an initial statement of beneficial ownership, listing Sidi Liat’s direct holdings of ordinary shares and detailing vesting schedules for restricted shares, rather than reporting recent market trades.