REE Automotive (REE) CFO reports RSU and share holdings

Rhea-AI Filing Summary

REE Automotive Ltd. Chief Financial Officer Aviv Hai filed an initial ownership report detailing his equity interests in the company. He holds 83,691 Class A Ordinary Shares directly, plus restricted stock units (RSUs) that can convert into additional shares.

One RSU award covers 117,170 underlying Class A Ordinary Shares and was granted on November 15, 2024, vesting 33.33% on the first anniversary and 8.33% quarterly over the following two years, unless forfeited. A second RSU award covers 180,000 underlying Class A Ordinary Shares, granted on February 18, 2026, vesting 8.33% quarterly over three years and subject to accelerated vesting upon a change of control, including a Merger/Sale event as defined in the company’s 2021 Share Incentive Plan.

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^*

Aviv Hai

(Last) (First) (Middle)

C/O REE AUTOMOTIVE LTD

KIBBUTZ GLIL-YAM

(Street)

KIBBUTZ GLIL-YAM 4690500

(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)

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

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)
Class A Ordinary Shares	83,691	D(1)

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
Restricted Stock Units	(3)	(3)	Class A Ordinary Shares(2)	117,170	(3)	D(1)
Restricted Stock Units	(4)	(4)	Class A Ordinary Shares(2)	180,000	(4)	D(1)

Explanation of Responses:

1. Restricted Share Units ("RSUs") granted under REE Automotive Ltd.'s (the "Company") 2021 Share Incentive Plan ("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.

2. Each RSU represents the right to receive, following vesting, one share of the Company's Class A Ordinary Shares.

3. Unless earlier forfeited under the terms of the RSU, such RSUs will vest as follows: (a) 33.33% of the RSUs shall vest on the first year anniversary of the date of grant (which date of grant was November 15, 2024), and (b) subsequent to such first year anniversary, 8.33% of the RSUs shall vest on a quarterly basis over the course of a two year period, in accordance with the applicable terms of the RSU.

4. Unless earlier forfeited under the terms of the RSU, 8.33% of the RSUs shall vest on a quarterly basis over the course of a three-year period from the date of grant (which date of grant was February 18, 2026), in accordance with the applicable terms of the RSU. The vesting of such RSUs shall be accelerated upon a change of control of the Company, which includes a "Merger/Sale" event, as such term is defined in the Plan.

Remarks:

In accordance with the Securities and Exchange Commission's ("SEC") staff no-action position in Question 6 of the Holding Foreign Insiders Accountable Act Frequently Asked Questions, the Reporting Person confirms that a completed Form ID application and the related required documents were submitted to the SEC before March 18, 2026 and that EDGAR access was not granted to the Reporting Person by March 18, 2026, and that the report herein is being made after receiving EDGAR access but in no event later than April 1, 2026. Exhibit 24 - Power of Attorney

	/s/ Avital Futterman, Attorney-in-Fact	03/25/2026
	** 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 insider ownership did REE (REE) CFO Aviv Hai report on this Form 3?

Aviv Hai reported direct ownership of 83,691 Class A Ordinary Shares in REE Automotive Ltd. He also disclosed two RSU awards that can convert into additional Class A Ordinary Shares upon future vesting, increasing his potential equity exposure over time.

How do Aviv Hai’s REE (REE) restricted stock units vest over time?

One RSU grant of 117,170 underlying shares vests 33.33% on November 15, 2025, then 8.33% quarterly for two years. A second grant of 180,000 underlying shares vests 8.33% quarterly over three years from February 18, 2026, if not forfeited.

What happens to Aviv Hai’s REE (REE) RSUs if there is a change of control?

For the RSUs granted February 18, 2026, vesting is accelerated upon a change of control of REE Automotive Ltd., including a Merger/Sale event. This means unvested units can vest earlier if such a corporate transaction occurs, as defined in the 2021 Share Incentive Plan.

What is the exercise or conversion price of Aviv Hai’s REE (REE) RSUs?

The RSUs disclosed by Aviv Hai have a stated exercise price of 0.0000. Each RSU represents the right to receive one Class A Ordinary Share of REE Automotive Ltd. following vesting, making them effectively cost-free to convert when vesting conditions are satisfied.

Are Aviv Hai’s REE (REE) RSUs held directly or through a trustee structure?

The RSUs and underlying Class A Ordinary Shares are deposited with a trustee approved by the Israeli Tax Authority. This trustee holds the securities in trust on behalf of Aviv Hai, consistent with REE Automotive Ltd.’s 2021 Share Incentive Plan arrangements for such awards.