Rail Vision (RVSN) director details initial shares and RSU awards

Rhea-AI Filing Summary

Rail Vision Ltd. director Revach Hila Kiron has filed an initial statement of beneficial ownership. The filing reports direct holdings of 1,152 ordinary shares and restricted share units that, in total, represent two separate RSU awards.

The RSUs are scheduled to vest in equal quarterly installments beginning on March 31, 2026, with one award vesting over 7 quarters and another over 9 quarters, each subject to continued service. Certain securities issued under the Rail Vision Ltd. Amended Share Option Plan must be registered in the name of a trustee to qualify for tax benefits under Section 102 of the Israeli Tax Ordinance.

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^*

Revach Hila Kiron

(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)

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

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)
Ordinary shares	1,152	D
Restricted Share Units	973(1)(3)	D
Restricted Share Units	1,375(2)(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

Explanation of Responses:

1. These restricted share units vest in 7 equal installments on a quarterly basis beginning on March 31, 2026, subject to the Reporting Person's continued service.

2. These restricted share units vest in 9 equal installments on a quarterly basis beginning on March 31, 2026, 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/ Hila Kiron-Revach	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 does the Rail Vision (RVSN) Form 3 filing by Revach Hila Kiron show?

The Form 3 shows director Revach Hila Kiron’s initial beneficial ownership in Rail Vision. It reports 1,152 ordinary shares and multiple restricted share unit awards that vest over time, giving investors a baseline of this director’s equity exposure to the company.

How many Rail Vision (RVSN) ordinary shares does Revach Hila Kiron report on Form 3?

Revach Hila Kiron reports direct ownership of 1,152 Rail Vision ordinary shares. This figure reflects holdings after the reported entries and gives a snapshot of the director’s current share position, separate from any additional restricted share units that may vest in future periods.

What restricted share units are reported for Revach Hila Kiron in Rail Vision’s Form 3?

The filing lists restricted share units with post-entry balances of 973 and 1,375 units. These RSUs represent equity-based compensation that can convert into ordinary shares over time, aligning the director’s interests with long-term company performance as vesting conditions are met.

When do Revach Hila Kiron’s Rail Vision (RVSN) restricted share units begin vesting?

The RSUs begin vesting on March 31, 2026. One award vests in seven equal quarterly installments, and another in nine quarterly installments, each conditioned on continued service, which gradually increases the director’s effective ownership stake over the specified vesting schedule.

How does Israeli Section 102 affect Rail Vision (RVSN) equity held by Revach Hila Kiron?

To qualify for Israeli Section 102 tax benefits, certain Rail Vision securities issued under the Amended Share Option Plan must be registered in a trustee’s name. This structure is for tax and administrative purposes and does not change the underlying economic exposure reported for the director.