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ParaZero (PRZO) director details shares, options and RSUs in Form 3 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

ParaZero Technologies Ltd. director Weiss Amitay filed an initial ownership report showing a mix of shares, options and restricted share units. He holds 74,576 ordinary shares directly, options linked to 60,524 ordinary shares at an exercise price of $1.2750 per share, and two RSU grants totaling 93,220 and 325,000 units. Footnotes explain that 34,044 of the option-linked ordinary shares are already vested and exercisable, with the rest vesting quarterly beginning on March 20, 2026, while the RSUs vest in quarterly installments starting on May 19, 2026 and June 1, 2026, in each case subject to continued service.

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SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Weiss Amitay

(Last)(First)(Middle)
C/O PARAZERO TECHNOLOGIES LTD.
1 HATACHANA STREET

(Street)
KFAR SABA4453001

(City)(State)(Zip)

UNITED STATES

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 Shares74,576D
Restricted Share Units93,220(1)(4)D
Restricted Share Units325,000(2)(4)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 ExercisableExpiration DateTitleAmount or Number of Shares
Option to Purchase Ordinary Shares (3)02/11/2028Ordinary Shares60,524(4)$1.275D
Explanation of Responses:
1. These restricted share units vest in 5 equal installments on a quarterly basis beginning on May 19, 2026, subject to the Reporting Person's continued service.
2. These restricted share units vest in approximately 10 equal installments on a quarterly basis beginning on June 1, 2026, subject to the Reporting Person's continued service.
3. As of the date of this Form 3, options to purchase 34,044 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.
4. 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/ Amitay Weiss03/18/2026
** 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 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 does Weiss Amitay report in ParaZero (PRZO) Form 3?

Weiss Amitay reports direct ownership of 74,576 ordinary shares of ParaZero Technologies Ltd.. He also reports options and restricted share units that, if vested and exercised or settled, could increase his effective equity exposure to the company under existing incentive plans.

How many ParaZero (PRZO) shares are covered by Weiss Amitay’s stock options?

Weiss Amitay holds options linked to 60,524 ParaZero ordinary shares at an exercise price of $1.2750 per share. According to the filing, 34,044 of those underlying shares are already vested and exercisable, with the remainder vesting quarterly starting on March 20, 2026.

What restricted share units does Weiss Amitay hold in ParaZero (PRZO)?

The filing lists two restricted share unit positions: 93,220 units and 325,000 units. Footnotes state these RSUs vest in equal quarterly installments starting on May 19, 2026 and June 1, 2026, contingent on Mr. Amitay’s continued service with ParaZero.

When do Weiss Amitay’s ParaZero (PRZO) RSUs begin vesting?

The reported restricted share units begin vesting on May 19, 2026 and June 1, 2026. Each grant vests in multiple equal quarterly installments, meaning portions become deliverable over time, provided Mr. Amitay continues serving the company during the vesting period.

How much of Weiss Amitay’s ParaZero (PRZO) option grant is already vested?

As of this Form 3, options corresponding to 34,044 ParaZero ordinary shares are vested and currently exercisable. The remaining options tied to 60,524 shares in total are scheduled to vest in seven equal quarterly installments beginning on March 20, 2026, subject to continued service.

Why does the ParaZero (PRZO) Form 3 mention an Israeli tax trustee?

One footnote explains that, to qualify for certain Israeli tax benefits under Section 102, securities issued under the ParaZero Global Share Incentive Plan (2022) must be registered in a trustee’s name. This is a structural requirement for those tax advantages, not a separate economic transaction.
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