Rail Vision (RVSN) CEO discloses options and 27,000 RSUs in ownership filing

Rhea-AI Filing Summary

Rail Vision Ltd. Chief Executive Officer BenDavid David has reported his initial equity interests in the company. He holds options over 17,400 Ordinary Shares with an exercise price of 15.3180 per share, expiring on December 1, 2035. These options are scheduled to vest with one-third on June 30, 2026 and the remainder in ten equal quarterly installments thereafter, subject to his continued service.

He also holds 27,000 Restricted Share Units that follow the same vesting pattern, starting with one-third on June 30, 2026 and the balance in ten quarterly installments, again conditioned on continued service. The positions are reported as directly owned and reflect compensation-based awards rather than open-market trading.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider BenDavid David

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Options to Purchase Ordinary Shares	--	--	--
holding	Restricted Share Units	--	--	--

Holdings After Transaction: Options to Purchase Ordinary Shares — 17,400 shares (Direct); Restricted Share Units — 27,000 shares (Direct)

Footnotes (1)

1. These restricted share units vest in 9 installments as follows: (i) 1/3 shall vest on June 30, 2026; and (ii) the remainder in ten equal installments, on a quarterly basis, beginning at the end of each quarter thereafter, subject to the Reporting Person's continued service. These Options vest in 9 installments as follows: (i) 1/3 shall vest on June 30, 2026; and (ii) the remainder in ten equal installments, on a quarterly basis, beginning at the end of each quarter thereafter, subject to the Reporting Person's continued service. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the Rail Vision Ltd. Amended Share Option Plan must be registered in the name of a trustee.

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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

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

BenDavid David

(Last) (First) (Middle)

C/O RAIL VISION LTD.

15 HA'TIDHAR ST.

(Street)

RA'ANANA 4366517

(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
Rail Vision Ltd. [ RVSN ]

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 Executive 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)
Restricted Share Units	27,000(1)(3)	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
Options to Purchase Ordinary Shares	06/30/2026	12/01/2035	Ordinary Shares	17,400(2)(3)	$15.318	D

Explanation of Responses:

1. These restricted share units vest in 9 installments as follows: (i) 1/3 shall vest on June 30, 2026; and (ii) the remainder in ten equal installments, on a quarterly basis, beginning at the end of each quarter thereafter, subject to the Reporting Person's continued service.

2. These Options vest in 9 installments as follows: (i) 1/3 shall vest on June 30, 2026; and (ii) the remainder in ten equal installments, on a quarterly basis, beginning at the end of each quarter thereafter, subject to the Reporting Person's continued service.

3. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the Rail Vision Ltd. Amended Share Option Plan must be registered in the name of a trustee.

	/s/ David BenDavid	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 equity awards does Rail Vision (RVSN) CEO BenDavid David currently hold?

BenDavid David holds options over 17,400 Ordinary Shares at an exercise price of 15.3180 and 27,000 Restricted Share Units. These positions represent equity-based compensation rather than open-market share purchases or sales.

How do the Rail Vision (RVSN) CEO’s Restricted Share Units vest?

The CEO’s 27,000 Restricted Share Units vest with one-third on June 30, 2026, and the remaining two-thirds in ten equal quarterly installments. All vesting is conditioned on his continued service with Rail Vision Ltd.

What are the key terms of the Rail Vision (RVSN) CEO stock options?

The CEO holds options to purchase 17,400 Ordinary Shares at an exercise price of 15.3180 per share, expiring on December 1, 2035. These options vest over time, beginning on June 30, 2026, subject to continued service.

Does the Rail Vision (RVSN) CEO Form 3 show any share purchases or sales?

The disclosure shows existing holdings of options and Restricted Share Units, with no open-market share purchases or sales. It primarily outlines compensation-related awards and their vesting schedules, rather than new buy or sell transactions.

Are the Rail Vision (RVSN) CEO’s equity awards tied to continued employment?

Yes. Both the stock options and Restricted Share Units vest only if the CEO continues to serve. One-third vests on June 30, 2026, with the remainder vesting in ten equal quarterly installments thereafter, subject to ongoing service.