ParaZero (PRZO) director details shares, options and RSUs in Form 3 filing
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Weiss Amitay
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 — 60,524 shares (Direct);
Ordinary Shares — 74,576 shares (Direct);
Restricted Share Units — 93,220 shares (Direct)
Footnotes (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. 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. 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. 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 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.
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.