REE Automotive (NASDAQ: REE) director details RSU and option holdings
Rhea-AI Filing Summary
REE Automotive Ltd. director Zemah Ayellet filed an initial ownership report detailing equity awards and share holdings. The filing lists several blocks of Restricted Stock Units (RSUs) tied to Class A Ordinary Shares, including 10,893 unvested RSUs from a 16,340-unit grant and 14,615 unvested RSUs from a 21,923-unit grant awarded in connection with Ayellet’s Board appointment on March 6, 2025. It also shows a separate grant of 211,566 RSUs made on January 22, 2026 that vests in a single installment on the first anniversary of the grant date or at the next annual shareholder meeting, whichever occurs earlier. In addition, Ayellet holds options on 8,901 Class A Ordinary Shares at an exercise price of $11.234 per share, expiring in 2030, and direct holdings of 12,755 and 5,340 Class A Ordinary Shares. The RSUs are held in trust under REE’s 2021 Share Incentive Plan, and some securities are held through Zemah Schneider Holdings LP for Ayellet’s benefit.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Restricted Share Units ("RSUs") granted under REE Automotive Ltd.'s (the "Company") 2021 Share Incentive Plan and underlying Class A Ordinary Shares are deposited with a trustee approved by the Israeli Tax Authority for this purpose, which holds such securities in trust on behalf of the Reporting Person. These securities are held through Zemah Schneider Holdings LP for the benefit of the Reporting Person. Each RSU represents the right to receive, following vesting, one share of the Company's Class A Ordinary Shares. Non-employee directors of the Company are granted an initial grant of $100,000 worth of RSUs to purchase Class A Ordinary Shares, which are granted on the date of a director's election or appointment to the Board of Directors ("Board"), based on the closing share price on the date of grant. As a result, the Reporting Person received an initial grant of 16,340 RSUs, which was $100,000 worth of RSUs that were granted in connection with the Reporting Persons's appointment to the Board on March 6, 2025. The 16,340 RSUs vest in three equal installments on the first, second and third anniversaries of the date of grant or on the date of the annual meeting of shareholders in the first, second and third years following the date of grant, whichever is earlier in any year. The vesting of such RSUs shall be accelerated upon a change of control of the Company, as shall be promptly defined by its Board of Directors and its Compensation Committee. As of the date herein, 10,893 RSUs remain unvested. Each non-employee director is also granted an initial prorated portion of $150,000, which will be granted on the date of the director's election or appointment to the Board, based on the closing share price on the date of grant. As a result, the Reporting Person received an initial grant of 21,923 RSUs, which was a prorated amount of $150,000 worth of RSUs that were granted in connection with the Reporting Persons's appointment to the Board on March 6, 2025. The 21,923 RSUs vest in three equal installments on the first, second and third anniversaries of the date of grant or on the date of the annual meeting of shareholders in the first, second and third years following the date of grant, whichever is earlier in any year. The vesting of such RSUs shall be accelerated upon a change of control of the Company, as shall be promptly defined by its Board of Directors and its Compensation Committee. As of the date herein, 14,615 RSUs remain unvested. On January 22, 2026, the Reporting Person was granted 211,566 RSUs, which vest in one installment on the first anniversary of the date of grant or the annual meeting of shareholders immediately following the date of grant, whichever is earlier. The vesting of such RSUs shall be accelerated upon a change of control of the Company, as shall be promptly defined by its Board and its Compensation Committee. These options were granted to the Reporting Person prior to the Company's initial public offering and are fully vested as of the date herein.
AI-generated analysis. How Rhea-AI works. Not financial advice.