ParaZero Technologies (PRZO) details director equity holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ParaZero Technologies Ltd. director Shtief Yigal filed an initial Form 3 reporting existing equity holdings. He holds options to purchase 15,131 ordinary shares at an exercise price of 1.2750 per share expiring on February 11, 2028, along with ordinary shares and restricted share units that vest in scheduled quarterly installments beginning in 2026, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Shtief Yigal
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 — 20,974 shares (Direct);
Restricted Share Units — 20,975 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 ParaZero (PRZO) director Shtief Yigal report on this Form 3?
The Form 3 reports Shtief Yigal’s existing equity holdings in ParaZero Technologies Ltd., including options, ordinary shares, and restricted share units. It establishes his baseline ownership position as a director as of the reporting date, without showing any new purchases or sales.
Does this ParaZero (PRZO) Form 3 show any insider buying or selling activity?
The Form 3 reflects only holdings and vesting schedules, not buy or sell transactions. All four entries are classified as holdings, with transaction codes and directions marked as unknown, indicating there are no reported open-market purchases, sales, exercises, or other dispositions in this filing.
How are ParaZero (PRZO) equity awards held for Israeli tax purposes?
A footnote explains that, to qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee under the ParaZero Technologies Ltd. Global Share Incentive Plan (2022) must be registered in the name of a trustee rather than directly in the employee’s name.