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REE Automotive (NASDAQ: REE) director reports 282,087 RSUs and share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

REE Automotive Ltd. director Abdessamad Hicham filed an initial ownership report showing a significant equity-based compensation grant and direct share holdings. He has been granted 282,087 Restricted Stock Units (RSUs) under the company’s 2021 Share Incentive Plan, each RSU representing one Class A Ordinary Share upon vesting.

The RSUs were granted on January 22, 2026 and vest in a single installment on the first anniversary of the grant date or at the annual meeting of shareholders immediately following that date, whichever occurs earlier. Vesting will be accelerated if there is a change of control of the company, as defined by the Board of Directors and Compensation Committee. The filing also reports direct holdings of Class A Ordinary Shares, including positions of 12,010 shares and 68,394 shares, providing a snapshot of the director’s current equity stake.

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SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Abdessamad Hicham

(Last)(First)(Middle)
C/O REE AUTOMOTIVE LTD
KIBBUTZ GLIL-YAM

(Street)
KIBBUTZ GLIL-YAM4690500

(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
REE Automotive Ltd. [ REE ]
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Class A Ordinary Shares12,010D(1)
Class A Ordinary Shares68,394D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (3) (3)Class A Ordinary Shares(2)282,087(3)D(1)
Explanation of Responses:
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, who holds such securities in trust on behalf of the Reporting Person.
2. Each RSU represents the right to receive, following vesting, one share of the Company's Class A Ordinary Shares.
3. On January 22, 2026, the Reporting Person was granted 282,087 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 of Directors and its Compensation Committee.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Avital Futterman, Attorney-in-Fact03/18/2026
** Signature of Reporting PersonDate
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 Abdessamad Hicham’s Form 3 filing show for REE?

The Form 3 shows Abdessamad Hicham’s initial ownership in REE Automotive Ltd., including 282,087 Restricted Stock Units and direct holdings of Class A Ordinary Shares. It establishes his starting equity position as a director at the company.

How many RSUs did Abdessamad Hicham receive from REE (REE)?

Abdessamad Hicham received 282,087 Restricted Stock Units from REE Automotive Ltd. Each RSU represents the right to receive one Class A Ordinary Share after vesting, aligning his compensation with the company’s future share performance.

When do Abdessamad Hicham’s RSUs in REE Automotive (REE) vest?

The 282,087 RSUs granted on January 22, 2026 vest in one installment on the first anniversary of the grant date or at the next annual shareholder meeting, whichever is earlier. This creates a clear, near-term vesting event for his equity award.

Is there accelerated vesting on Abdessamad Hicham’s REE (REE) RSUs?

Yes. The RSUs will vest early if there is a change of control of REE Automotive Ltd., as defined by its Board and Compensation Committee. This provision ensures his award fully vests if control of the company shifts.

How many REE Automotive (REE) shares does Abdessamad Hicham hold directly?

The filing reports direct holdings of Class A Ordinary Shares, including positions of 12,010 shares and 68,394 shares. These holdings, together with his RSUs, outline his overall equity exposure to REE Automotive Ltd.
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