ParaZero Technologies (PRZO) VP reports 36,315 stock options position

Rhea-AI Filing Summary

ParaZero Technologies Ltd. executive Chaya Noy Bat-Sheva, Vice President of Global Sales, filed an initial ownership report showing a stock option position. She holds an option to purchase 36,315 Ordinary Shares at an exercise price of $1.275 per share, expiring on January 3, 2031.

As of this filing, none of these options are vested or exercisable. According to the vesting schedule, 50% will vest on March 1, 2028, and the remaining 50% will vest in eight equal quarterly installments thereafter, conditioned on continued service. The options were granted under the company’s 2022 Global Share Incentive Plan and are subject to Israeli tax rules requiring trustee registration.

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^*

Chaya Noy Bat-Sheva

(Last) (First) (Middle)

C/O PARAZERO TECHNOLOGIES LTD.

1 HATACHANA STREET

(Street)

KFAR SABA 4453001

(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
ParaZero Technologies Ltd. [ PRZO ]

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)
	Vice President of Global Sales

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)

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
Option to Purchase Ordinary Shares	(1)	01/03/2031	Ordinary Shares	36,315(2)	$1.275	D

Explanation of Responses:

1. As of the date of this Form 3, 0 options to purchase ordinary shares are vested and currently exercisable. 50% shall vest on March 1, 2028 and the remaining 50% shall vest in 8 equal installments on a quarterly basis thereafter, subject to the Reporting Person's continued service.

2. 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.

	/s/ Bat-Sheva Noy	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 insider position did PRZO’s Chaya Noy Bat-Sheva report on this Form 3?

Chaya Noy Bat-Sheva reported holding an option to purchase 36,315 ParaZero ordinary shares. The option is a derivative security giving her the right to buy shares at a fixed price, subject to future vesting conditions and an expiration date in 2031.

What is the exercise price and expiration date of the PRZO options reported?

The reported option has an exercise price of $1.275 per share and expires on January 3, 2031. This means she can buy ParaZero ordinary shares at $1.275, if and when the options vest, any time before the stated expiration date.

Are any of Chaya Noy Bat-Sheva’s PRZO options vested or exercisable yet?

As of this Form 3, none of the 36,315 options are vested or exercisable. The filing states that vesting begins on March 1, 2028, and then continues in eight equal quarterly installments, assuming she continues to serve the company.

What is the vesting schedule for the 36,315 PRZO options reported on the Form 3?

Fifty percent of the options vest on March 1, 2028, with the remaining 50% vesting in eight equal quarterly installments. This staged vesting schedule is tied to the reporting person’s continued service with ParaZero Technologies Ltd.

Under which equity plan were the reported PRZO options granted?

The options were issued under the ParaZero Technologies Ltd. Global Share Incentive Plan (2022). To qualify for certain Israeli tax benefits under Section 102, these plan securities must be registered in a trustee’s name rather than directly to the employee.

Why does the PRZO Form 3 mention a trustee for the employee’s securities?

The filing notes that, for Israeli Section 102 tax benefits, plan securities must be held by a trustee. This means the employee’s options or shares under the 2022 Global Share Incentive Plan are registered in the trustee’s name, even though the employee is the economic beneficiary.