Equity grants to RF Industries (RFIL) COO in new Form 4 filing details

Rhea-AI Filing Summary

RF Industries Ltd. reported a new insider equity award for its President and COO, Ray Michael Bibisi. On January 7, 2026, he received 15,625 restricted stock units (RSUs) of common stock at no cost, increasing his directly beneficially owned common shares to 67,542. The same day, he was also granted stock options for 31,250 shares with a $6.01 exercise price.

Both the RSUs and the options vest over four years, contingent on continued employment. One quarter vests on January 7, 2027, and the remaining three quarters vest in twelve equal quarterly installments over the following three years. After this grant, he holds options covering 31,250 shares of common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bibisi Ray Michael

(Last) (First) (Middle)

16868 VIA DEL CAMPO COURT

SUITE 200

(Street)

SAN DIEGO CA 92127

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
R F INDUSTRIES LTD [ RFIL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/07/2026		A		15,625(1)	A	$0	67,542	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$6.01	01/07/2026		A		31,250		(2)	01/07/2036	Common Stock	31,250	$0	31,250	D

Explanation of Responses:

1. On January 7, 2026, the Board of Directors of the Issuer granted the Reporting Person restricted stock units ("RSUs" ) of Issuer. Provided the Reporting Person is still employed with the Issuer or its subsidiaries on the following dates, the RSUs shall vest over four years as follows: (i) one-quarter of the RSUs shall vest on January 7, 2027; and (ii) the remaining RSUs shall vest in twelve equal quarterly installments over the next three years, commencing with the first quarter following January 7, 2027.

2. On January 7, 2026, the Board of Directors of the Issuer granted the Reporting Person options to purchase the common stock of Issuer. Provided the Reporting Person is still employed with the Issuer or its subsidiaries on the following dates, the options shall vest over four years as follows: (i) one-quarter of the options shall vest on January 7, 2027; and (ii) the remaining options shall vest in twelve equal quarterly installments over the next three years, commencing with the first quarter following January 7, 2027.

	/s/ Ray Michael Bibisi	01/09/2026
	** 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 4 (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.

FAQ

What insider transaction did RF Industries (RFIL) report in this Form 4?

The filing shows that President and COO Ray Michael Bibisi received equity awards on January 7, 2026, including 15,625 RSUs of common stock and stock options for 31,250 shares at a $6.01 exercise price.

How many RF Industries shares does Ray Michael Bibisi own after this grant?

Following the RSU grant, Ray Michael Bibisi beneficially owns 67,542 shares of common stock directly and holds options for 31,250 shares of common stock.

What are the vesting terms of the RSUs granted to the RFIL President and COO?

The 15,625 RSUs vest over four years if he remains employed: one-quarter vests on January 7, 2027, and the remaining RSUs vest in twelve equal quarterly installments over the next three years.

How do the stock options for Ray Michael Bibisi at RF Industries vest and when do they expire?

The 31,250 stock options vest on the same schedule as the RSUs: 25% on January 7, 2027 and the balance in twelve quarterly installments over three years, with an expiration date of January 7, 2036.

Was the RF Industries Form 4 filed for one reporting person or a group?

The Form 4 was filed by one reporting person, Ray Michael Bibisi, who serves as President and COO of RF Industries Ltd.

Are the RF Industries equity awards to the COO direct or indirect holdings?

The Form 4 indicates that both the 15,625 RSUs (reported as common stock) and the 31,250 stock options are held with direct (D) ownership.