TAT Technologies (TATT) CFO discloses detailed stock option grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
TAT Technologies Ltd executive Ehud Ben-Yair, the Chief Finance Officer, filed an initial Form 3 reporting his equity holdings. He holds stock options to acquire 5,625 ordinary shares at an exercise price of 5.9100 that are fully vested and exercisable, expiring on March 30, 2028.
He also holds options to acquire 3,125 ordinary shares at an exercise price of 5.9100, which are fully vested and exercisable, also expiring on March 30, 2028. In addition, he holds options over 75,000 ordinary shares at an exercise price of 14.1600, expiring on March 5, 2031, with vesting in multiple installments through March 5, 2028, subject to continued employment. The filing shows he directly owns no ordinary shares as of the reported date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ben-Yair Ehud
Role
Chief Finance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 5,625 shares (Direct);
Ordinary Shares — 0 shares (Direct)
Footnotes (1)
- Stock options were granted on March 3, 2021 with 5,625 outstanding options fully vested and exercisable. Stock options were granted on October 1, 2023 with 3,125 outstanding options fully vested and exercisable. The stock options were granted on March 6, 2024. 18,750 options vested on March 6, 2025; 4,688 options vested on each of June 5, 2025, September 5, 2025, December 5, 2025, and March 5, 2026; and the remaining options vest in installments of 4,688 every three months beginning on June 5, 2026 through March 5, 2028, subject to the Reporting Person's continued service as an employee of the Issuer on the vesting date.
FAQ
What does the TATT Form 3 filing by CFO Ehud Ben-Yair report?
The Form 3 reports Ehud Ben-Yair’s existing equity holdings in TAT Technologies. It lists his stock option grants, exercise prices, vesting status, and expiration dates, and confirms he directly owns no ordinary shares as of the reported date.
How many TAT Technologies stock options does the CFO hold according to the Form 3?
The filing shows three stock option positions over ordinary shares. These include 5,625 options and 3,125 options at a 5.9100 exercise price, and 75,000 options at a 14.1600 exercise price, each with specified expiration dates and vesting terms.
Are Ehud Ben-Yair’s TATT stock options vested and exercisable?
The Form 3 states 5,625 options granted in 2021 and 3,125 options granted in 2023 are fully vested and exercisable. The 75,000 options granted in 2024 vest in installments through March 5, 2028, with portions already vested and future vesting subject to continued employment.
What are the exercise prices and expirations of the CFO’s TATT options?
Two option grants have a 5.9100 exercise price and expire on March 30, 2028. A larger grant carries a 14.1600 exercise price and expires on March 5, 2031, providing a long-dated incentive tied to TAT Technologies’ ordinary share performance.