ParaZero director reports 74,576 shares in Form 3
ParaZero Technologies Ltd. director Weiss Amitay filed an initial ownership report showing a mix of shares, options and restricted share units.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option to Purchase Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position does Weiss Amitay report in ParaZero (PRZO) Form 3?
When do Weiss Amitay’s ParaZero (PRZO) RSUs begin vesting?
How much of Weiss Amitay’s ParaZero (PRZO) option grant is already vested?
Why does the ParaZero (PRZO) Form 3 mention an Israeli tax trustee?
AI-generated analysis. How Rhea-AI works. Not financial advice.