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Similarweb (SMWB) director details RSU grants and share stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

SIMILARWEB LTD. director Stephen Bodnar Kippster reported his initial holdings on a Form 3. He directly holds 10,439 restricted share units and 20,000 restricted share units, each representing one ordinary share, plus 10,438 ordinary shares.

The RSUs described in the footnotes are grants that each convert into one ordinary share if service conditions are met. One RSU grant vests in equal installments over a 2-year period beginning on 11/15/2025, and another vests in a single installment on 02/15/2027, in each case subject to his continued service with Similarweb or its subsidiaries.

Positive

  • None.

Negative

  • None.
Insider Bodnar Kippster Stephen
Role Director
Type Security Shares Price Value
holding Restricted Share Units, each representing one Ordinary Share -- -- --
holding Restricted Share Units, each representing one Ordinary Share -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Restricted Share Units, each representing one Ordinary Share — 10,439 shares (Direct); Ordinary Shares — 10,438 shares (Direct)
Footnotes (1)
  1. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Similarweb Ltd (the "Company"). The RSUs vest in 2 years period equal installments with the first vesting date on 11/15/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Similarweb Ltd (the "Company"). The RSUs vest in 1 year installment with the first vesting date on 02/15/2027 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date
RSU holdings grant 1 10,439 RSUs Restricted share units, each for one ordinary share
RSU holdings grant 2 20,000 RSUs Restricted share units, each for one ordinary share
Ordinary share holdings 10,438 shares Directly held ordinary shares reported on Form 3
First RSU vesting date 11/15/2025 First installment of 2-year RSU vesting schedule
Second RSU vesting date 02/15/2027 Single-installment RSU vesting date
Restricted Share Units financial
"Restricted Share Units, each representing one Ordinary Share"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
ordinary share financial
"each represent a contingent right to receive one share of ordinary stock of Similarweb Ltd"
An ordinary share is a unit of ownership in a company that gives the holder a stake in its profits and usually the right to vote on key decisions. Think of it like a slice of a pizza where each slice entitles you to a portion of what’s left after bills are paid; value can rise or fall with the business and may pay dividends, so it matters to investors for income, growth and control.
vesting date financial
"The RSUs vest in 2 years period equal installments with the first vesting date on 11/15/2025"
continued service financial
"subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date"
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SEC Form 3
FORM 3UNITED 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
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Bodnar Kippster Stephen
(Last)(First)(Middle)
155 BEETHOVEN AVE
(Street)
WABAN MASSACHUSETTS 02468
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
04/09/2026		3. Issuer Name and Ticker or Trading Symbol
SIMILARWEB LTD. [ SMWB ]
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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, each representing one Ordinary Share10,439(1)D
Restricted Share Units, each representing one Ordinary Share20,000(2)D
Ordinary Shares10,438D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Similarweb Ltd (the "Company"). The RSUs vest in 2 years period equal installments with the first vesting date on 11/15/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date
2. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Similarweb Ltd (the "Company"). The RSUs vest in 1 year installment with the first vesting date on 02/15/2027 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date
Remarks:
This Form 3 has been filed after March 18, 2026 but prior to April 20, 2026 in reliance on the temporary relief made available to the directors and officers of certain foreign private issuers by the Staff of the Securities and Exchange Commission in its no action letter dated March 13, 2026.
Bodnar Kippster by: Oppenheimer Israel, as Attorney-in-fact04/09/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What does the Form 3 for SIMILARWEB LTD. (SMWB) disclose about Stephen Bodnar Kippster?

The Form 3 shows director Stephen Bodnar Kippster’s initial ownership in Similarweb. He reports direct holdings of restricted share units and ordinary shares, establishing his starting equity position as an insider under SEC reporting rules.

How many restricted share units does Stephen Bodnar Kippster hold in SIMILARWEB LTD. (SMWB)?

He reports 10,439 restricted share units and an additional 20,000 restricted share units, each representing one ordinary share. These positions provide him with contingent rights to receive ordinary shares as vesting conditions are satisfied over future dates.

How many ordinary shares of SIMILARWEB LTD. (SMWB) does Stephen Bodnar Kippster directly hold?

He directly holds 10,438 ordinary shares of Similarweb Ltd. This share position sits alongside his restricted share unit awards and reflects his current outright equity ownership reported in this initial Form 3 filing.

What are the vesting terms for the RSUs reported by Stephen Bodnar Kippster in SMWB?

One RSU grant vests in equal installments over a 2-year period starting on November 15, 2025. A second RSU grant vests in a single installment on February 15, 2027, both conditioned on his continued service with Similarweb or its subsidiaries.

Do the RSUs in SIMILARWEB LTD. (SMWB) Form 3 convert into ordinary shares?

Yes. Each restricted stock unit represents a contingent right to receive one ordinary share of Similarweb. Actual share delivery depends on satisfying vesting schedules and continued service conditions described in the footnotes to the Form 3 filing.