ParaZero (PRZO) CFO discloses options, RSUs and shares in initial filing
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ParaZero Technologies Ltd. Chief Financial Officer Livneh Regev Efraim filed an initial ownership report showing direct holdings in company equity. The filing lists options to purchase 36,315 ordinary shares at an exercise price of $1.275 per share, expiring in 2029.
He also reports 20,975 ordinary shares and two blocks of restricted share units, one covering 27,966 units and another 68,673 units. According to the vesting schedules, these RSUs and options vest in quarterly installments beginning in 2026, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Livneh Regev Efraim
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option to Purchase Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Ordinary Shares — 36,315 shares (Direct);
Ordinary Shares — 20,975 shares (Direct);
Restricted Share Units — 27,966 shares (Direct)
Footnotes (1)
- These restricted share units vest in 4 equal installments on a quarterly basis beginning on May 19, 2026, subject to the Reporting Person's continued service. These restricted share units vest in 12 equal installments on a quarterly basis beginning on June 1, 2026, subject to the Reporting Person's continued service. These options vest and become exercisable in accordance with the following vesting schedule: 50% shall vest on December 11, 2026 and the remaining 50% shall vest in 8 equal installments on a quarterly basis thereafter, 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 ParaZero Technologies Ltd. Global Share Incentive Plan (2022) must be registered in the name of a trustee.
FAQ
What does ParaZero (PRZO) CFO Livneh Regev Efraim report in this Form 3?
He reports his initial beneficial ownership in ParaZero securities, including ordinary shares, restricted share units, and stock options. This establishes a baseline of his equity stake as an executive and is required when becoming a reporting insider under U.S. securities rules.
How many ParaZero (PRZO) options does the CFO hold and on what terms?
He holds options linked to 36,315 ordinary shares at a $1.275 exercise price, expiring in 2029. Half of these options vest on December 11, 2026, with the remaining half vesting in eight equal quarterly installments thereafter, subject to continued service.
When do the ParaZero (PRZO) CFO’s equity awards begin vesting?
One RSU grant begins vesting on May 19, 2026, in four quarterly installments. A second RSU grant starts vesting June 1, 2026, over 12 quarterly installments. The stock options start vesting December 11, 2026, with additional quarterly vesting thereafter, all contingent on continued service.
Are the ParaZero (PRZO) CFO’s equity awards subject to any special tax arrangements?
A footnote explains that, to qualify for certain Israeli tax benefits under Section 102, securities issued under ParaZero’s 2022 Global Share Incentive Plan must be registered in a trustee’s name. This relates to tax treatment rather than changing the economic exposure of the CFO.