SMX (Security Matters) Public (SMX) grants CEO 100,000 RSUs
Rhea-AI Filing Summary
Alon Haggai reported acquisition or exercise transactions in this Form 4 filing.
SMX (Security Matters) Public Ltd Co reported that Chairman and CEO Alon Haggai received a grant of 100,000 restricted stock units representing ordinary shares, which vested immediately on July 23, 2026.
After this award he beneficially owns 277,440 ordinary shares; the shares from this grant are scheduled to become registered for trading on January 22, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
1 txn
Insider
Alon Haggai
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 100,000 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 277,440 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units, each of which represents a contingent right to receive one ordinary share of Issuer. The restricted stock units vested immediately upon the grant date. The ordinary shares underlying the restricted stock units shall become registered for trading on January 22, 2027.
- F2. The amount of securities beneficially owned following the reported transaction takes into account all reverse stock splits of the Issuer prior to the date of the reported transaction.
Key Figures
RSUs granted: 100,000 units
Shares beneficially owned after transaction: 277,440 shares
RSU-to-share ratio: 1 ordinary share per unit
3 metrics
RSUs granted
100,000 units
Restricted stock units granted to Alon Haggai on July 23, 2026
Shares beneficially owned after transaction
277,440 shares
Ordinary shares beneficially owned by Alon Haggai following the award
RSU-to-share ratio
1 ordinary share per unit
Each restricted stock unit represents a contingent right to receive one ordinary share
Key Terms
restricted stock units, beneficially owned, reverse stock splits
3 terms
restricted stock units financial
"Represents restricted stock units, each of which represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned financial
"The amount of securities beneficially owned following the reported transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
reverse stock splits financial
"takes into account all reverse stock splits of the Issuer"
A reverse stock split is when a company combines multiple existing shares into fewer higher-priced shares—like trading four small slices of a pie for one larger slice. It doesn’t change the overall value of an investor’s holdings immediately, but it raises the per-share price and can matter to investors because it can affect market perception, stock exchange listing eligibility, and trading liquidity, and it changes share counts used in investor metrics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SMX (SMX) report for Alon Haggai?
SMX reported that Chairman and CEO Alon Haggai received 100,000 restricted stock units on July 23, 2026. Each unit represents a contingent right to receive one ordinary share, and the units vested immediately upon the grant date.
What exactly are the SMX (SMX) restricted stock units granted to Alon Haggai?
The award consists of restricted stock units, each representing a contingent right to receive one ordinary share of SMX. These RSUs vested immediately on the grant date, meaning the vesting conditions were fully satisfied at issuance.
Was Alon Haggai’s SMX (SMX) equity grant made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning the transaction is not designated as executed under a Rule 10b5-1 trading plan based on the filing’s plan-status indicator.