Tower Semiconductor director reports RSU holdings
Tower Semiconductor Ltd director Avi Hasson filed an initial ownership report showing holdings of ordinary shares and equity awards.
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Form Type
3
Rhea-AI Filing Summary
Tower Semiconductor Ltd director Avi Hasson filed an initial ownership report showing holdings of ordinary shares and equity awards. The filing notes that some of his position comes from restricted stock units that have already vested.
Footnotes explain that 2,460 RSUs are vested and an additional 2,460 will vest on 07/31/2026, while two blocks of 2,091 RSUs are scheduled to vest on 07/30/2026 and 07/30/2027, subject to continued service.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hasson Avi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 19,456 shares (Direct)
Footnotes (3)
- F1. These shares were issued upon vesting of previously granted RSU's
- F2. The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd. (the "Company"). 2,460 are already vested and the remaining 2,460 will vest on 07/31/2026, subject to the Reporting Person's continued service through each vesting date.
- F3. The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd. (the "Company"). 2,091 will vest on 07/30/2026 and the remaining 2,091 will vest on 07/30/2027, subject to the Reporting Person's continued service through each vesting date.
Key Figures
Vested RSUs: 2,460 units
RSUs vesting 07/31/2026: 2,460 units
RSUs vesting 07/30/2026: 2,091 units
+4 more
7 metrics
Vested RSUs
2,460 units
Already vested restricted stock units for Avi Hasson
RSUs vesting 07/31/2026
2,460 units
Scheduled vesting on 07/31/2026, subject to continued service
RSUs vesting 07/30/2026
2,091 units
Scheduled vesting on 07/30/2026, subject to continued service
RSUs vesting 07/30/2027
2,091 units
Scheduled vesting on 07/30/2027, subject to continued service
Ordinary share holding example
4,182 shares
One reported total of Tower Semiconductor ordinary shares following a holding entry
Ordinary share holding example
4,920 shares
Another reported total of Tower Semiconductor ordinary shares following a holding entry
Ordinary share holding example
10,354 shares
Additional reported total of Tower Semiconductor ordinary shares following a holding entry
Key Terms
restricted stock units ("RSUs"), vesting, contingent right, ordinary shares
4 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), each of which represents 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.
vesting financial
"These shares were issued upon vesting of previously granted RSU's"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"each of which represents a contingent right to receive one share of ordinary stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Avi Hasson’s Form 3 for TSEM report?
The Form 3 reports Avi Hasson’s initial ownership of Tower Semiconductor ordinary shares and related equity awards. It highlights that part of his stake comes from restricted stock units that have vested and others that will vest over the next two years.
How many Tower Semiconductor RSUs for TSEM has already vested for Avi Hasson?
The filing notes that 2,460 restricted stock units have already vested for Avi Hasson. Each RSU represents the right to receive one ordinary share of Tower Semiconductor, so these vested units translate into the same number of underlying shares.
What is the future RSU vesting schedule for Avi Hasson at TSEM?
The report states that 2,460 RSUs will vest on 07/31/2026, while 2,091 RSUs will vest on 07/30/2026 and another 2,091 on 07/30/2027. All future vesting is conditioned on Avi Hasson’s continued service to the company.
What type of security does Avi Hasson hold in Tower Semiconductor (TSEM)?
Avi Hasson’s holdings are in Tower Semiconductor ordinary shares, some received through restricted stock units. RSUs are equity awards that convert into ordinary shares when they vest, aligning the director’s compensation with the company’s share performance.
What is a restricted stock unit (RSU) in the context of TSEM?
A restricted stock unit is a company promise to issue one share of stock at vesting. For Tower Semiconductor, each RSU entitles Avi Hasson to one ordinary share once specific vesting dates and service conditions described in the filing are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
