ParaZero (PRZO) director discloses options and RSU grants in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ParaZero Technologies Ltd. director Revach Moshe filed an initial Form 3 detailing his equity interests in the company. The filing lists direct holdings of ordinary shares, restricted share units and options to purchase ordinary shares at an exercise price of $1.2750 per share expiring on February 11, 2028.
According to the footnotes, options to purchase 8,511 ordinary shares are already vested and exercisable, with the remaining options vesting in seven equal quarterly installments beginning on March 20, 2026, subject to continued service. Two restricted share unit awards vest in equal quarterly installments beginning on May 19, 2026 and June 1, 2026, also subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Revach Moshe
Role
Director
| 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 — 15,131 shares (Direct);
Ordinary Shares — 15,731 shares (Direct);
Restricted Share Units — 15,731 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 8 equal installments on a quarterly basis beginning on June 1, 2026, subject to the Reporting Person's continued service. As of the date of this Form 3, options to purchase 8,511 ordinary shares are vested and currently exercisable. The remaining options vest and become exercisable beginning on March 20, 2026 in 7 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 Revach Moshe’s Form 3 for ParaZero Technologies (PRZO) report?
The Form 3 reports director Revach Moshe’s initial beneficial ownership in ParaZero. It lists his direct holdings of ordinary shares, restricted share units and stock options, providing a baseline of his equity stake as of this filing.
What stock options does Revach Moshe hold in ParaZero Technologies (PRZO)?
He holds an option to purchase 15,131 ordinary shares at an exercise price of $1.2750 per share, expiring on February 11, 2028. Footnotes state 8,511 of these option shares are vested and exercisable as of the Form 3 date.
How do Revach Moshe’s ParaZero (PRZO) options vest over time?
As of the Form 3, options for 8,511 shares are vested and exercisable. The remaining option shares vest in seven equal quarterly installments beginning on March 20, 2026, contingent on Revach Moshe’s continued service with the company.
Why does Revach Moshe’s ParaZero (PRZO) equity involve a trustee structure?
To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued under the ParaZero Global Share Incentive Plan (2022) must be registered in a trustee’s name, as noted in the Form 3 footnotes.