ParaZero Technologies (PRZO) details director equity holdings in Form 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.

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^*

Shtief Yigal

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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)
Ordinary Shares	20,974	D
Restricted Share Units	20,975(1)(4)	D
Restricted Share Units	51,505(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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to Purchase Ordinary Shares	(3)	02/11/2028	Ordinary Shares	15,131(4)	$1.275	D

Explanation of Responses:

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.

2. 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.

3. 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.

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/ Yigal Shtief	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 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.

How many ParaZero (PRZO) shares can Shtief Yigal acquire through options?

Shtief Yigal holds an option to purchase 15,131 ParaZero ordinary shares at an exercise price of 1.2750 per share, expiring on February 11, 2028. Footnotes state that 8,511 of these option shares are already vested and exercisable, with the remainder vesting in seven quarterly installments.

What are the key vesting terms for Shtief Yigal’s ParaZero (PRZO) restricted share units?

Restricted share units reported for Shtief Yigal vest in quarterly installments beginning on May 19, 2026 and June 1, 2026, in 4 and 8 equal installments respectively. All vesting is conditioned on his continued service with ParaZero Technologies Ltd. through the applicable vesting dates.

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.