Dor Ariel details Rail Vision (RVSN) share, option and RSU holdings

Rhea-AI Filing Summary

Rail Vision Ltd. director Dor Ariel reported his initial equity holdings in the company. He directly holds 1,152 Ordinary Shares, options to purchase 175 Ordinary Shares at an exercise price of 1473 per share expiring on January 4, 2028, and two blocks of Restricted Share Units totaling 973 and 1,375 units. The RSUs vest in 7 and 9 equal quarterly installments beginning on March 31, 2026, subject to his continued service, and certain securities are held through a trustee to qualify for Israeli Section 102 tax benefits.

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^*

Dor Ariel

(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
Options to Purchase Ordinary Shares	01/04/2018	01/04/2028	Ordinary Shares	175(3)	$1,473	D

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/ Ariel Dor	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 does Dor Ariel hold in Rail Vision (RVSN)?

Dor Ariel holds 1,152 Ordinary Shares, options over 175 Ordinary Shares at an exercise price of 1473 per share, and Restricted Share Units in two blocks of 973 and 1,375 units, all recorded as direct ownership.

How do Dor Ariel’s RSUs in Rail Vision (RVSN) vest?

His Restricted Share Units vest in two schedules: 973 RSUs vest in 7 equal quarterly installments and 1,375 RSUs vest in 9 equal quarterly installments, both beginning on March 31, 2026, subject to his continued service with the company.

What stock options does Dor Ariel have in Rail Vision (RVSN)?

He holds options to purchase 175 Ordinary Shares at an exercise price of 1473 per share. These options were granted with an exercise date of January 4, 2018 and expire on January 4, 2028, representing a long-dated derivative position.

Why are some Rail Vision (RVSN) securities held through a trustee?

Certain securities issued under the Rail Vision Ltd. Amended Share Option Plan are registered in a trustee’s name to qualify for tax benefits under Section 102 of the Israeli Tax Ordinance, which can improve the tax treatment for employee equity awards.

Does the Dor Ariel Rail Vision (RVSN) filing show any recent trades?

The disclosure outlines Dor Ariel’s existing holdings in Ordinary Shares, options, and Restricted Share Units, but does not indicate any new purchases or sales. It functions as an initial ownership snapshot rather than a report of recent trading activity.