Tower Semiconductor director reports initial holdings
Tower Semiconductor Ltd director Yoav Chelouche filed an initial Form 3 reporting his beneficial ownership of ordinary shares.
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Form Type
3
Rhea-AI Filing Summary
Tower Semiconductor Ltd director Yoav Chelouche filed an initial Form 3 reporting his beneficial ownership of ordinary shares. The filing shows several direct holding lines, some of which were issued upon vesting of previously granted restricted stock units (RSUs). Additional RSUs are scheduled to vest in equal tranches on July 31, 2026, July 30, 2026, and July 30, 2027, subject to his continued service, which would increase his share ownership over time.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Chelouche Yoav
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 33,152 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 Persons 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 Persons continued service through each vesting date.
Key Figures
Ordinary shares line 1: 4,182 shares
Ordinary shares line 2: 4,920 shares
Ordinary shares line 3: 24,050 shares
+4 more
7 metrics
Ordinary shares line 1
4,182 shares
Total shares following transaction for one holding line
Ordinary shares line 2
4,920 shares
Total shares following transaction for another holding line
Ordinary shares line 3
24,050 shares
Total shares following transaction for a third holding line
Vested RSUs
2,460 units
Already vested from one RSU grant
RSUs vesting July 31, 2026
2,460 units
From first RSU grant, subject to continued service
RSUs vesting July 30, 2026
2,091 units
From second RSU grant, subject to continued service
RSUs vesting July 30, 2027
2,091 units
From second RSU grant, subject to continued service
Key Terms
restricted stock units ("RSUs"), beneficial ownership, vesting, 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 to receive one share"
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.
beneficial ownership financial
"represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
vesting financial
"2,460 are already vested and the remaining 2,460 will vest on 07/31/2026"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Yoav Chelouche’s Form 3 for TSEM report?
The Form 3 shows director Yoav Chelouche’s initial beneficial ownership of Tower Semiconductor ordinary shares. It lists several direct share holdings and explains that some shares came from vested RSUs, with more RSUs scheduled to vest in future years, increasing potential ownership.
What RSU vesting schedule is disclosed for Yoav Chelouche at TSEM?
The filing states one RSU grant where 2,460 units are already vested and 2,460 will vest on July 31, 2026. Another grant provides 2,091 units vesting on July 30, 2026 and 2,091 vesting on July 30, 2027, all subject to continued service.
Are Yoav Chelouche’s reported Tower Semiconductor holdings direct or indirect?
The Form 3 classifies all listed ordinary share positions as directly owned. The ownership code is shown as “D” for each entry, and no separate entities, trusts, or family vehicles are referenced as holding these particular Tower Semiconductor shares on his behalf.
AI-generated analysis. How Rhea-AI works. Not financial advice.
