Tower Semiconductor director reports share holdings
Tower Semiconductor Ltd director Amir Elstein has filed an initial statement of holdings in the company’s ordinary shares.
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Form Type
3
Rhea-AI Filing Summary
Tower Semiconductor Ltd director Amir Elstein has filed an initial statement of holdings in the company’s ordinary shares. The filing shows direct ownership entries including 6,273, 7,380 and 7,995 ordinary-share-equivalent restricted stock units, each tied to multi‑year vesting schedules, plus a larger block of 103,686 ordinary shares.
Footnotes explain that these RSU awards each represent a contingent right to receive one ordinary share per unit, with portions already vested and the remaining units scheduled to vest between July 3, 2026 and July 30, 2028, subject to continued service.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Elstein Amir
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 125,334 shares (Direct)
Footnotes (4)
- 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"). 5,330 are already vested and the remaining 2,665 will vest on 07/03/2026, 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").2,460 are already vested, additional 2,460 will vest on 07/31/2026 and the remaining 2,460 will vest on 07/31/2027, subject to the Reporting Person's continued service through each vesting date.
- F4. 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, additional 2,091 will vest on 07/30/2027 and the remaining 2,091 will vest on 07/30/2028, subject to the Reporting Person's continued service through each vesting date.
Key Figures
RSU grant total: 7,995 RSUs
RSU grant total: 7,380 RSUs
RSU grant total: 6,273 RSUs
+1 more
4 metrics
RSU grant total
7,995 RSUs
5,330 vested; 2,665 vest on July 3, 2026
RSU grant total
7,380 RSUs
2,460 vested; 2,460 vest July 31, 2026; 2,460 July 31, 2027
RSU grant total
6,273 RSUs
2,091 vest July 30, 2026; 2,091 July 30, 2027; 2,091 July 30, 2028
Ordinary shares holding entry
103,686 shares
Total shares following transaction entry for ordinary shares
Key Terms
restricted stock units ("RSUs"), contingent right, vesting, ordinary stock
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 of ordinary stock"
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.
contingent right financial
"each of which represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd."
vesting financial
"5,330 are already vested and the remaining 2,665 will vest on 07/03/2026, subject to the Reporting Person's continued service"
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.
ordinary stock financial
"receive one share of ordinary stock of Tower Semiconductor Ltd. (the "Company")"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Amir Elstein’s Form 3 filing for TSEM show?
The Form 3 shows director Amir Elstein reporting initial holdings of ordinary shares and RSU awards in Tower Semiconductor Ltd (TSEM). It details multiple RSU grants and a larger block of 103,686 ordinary shares, establishing his baseline beneficial ownership position.
How many Tower Semiconductor RSUs vest on July 3, 2026 for TSEM’s director?
One RSU grant for Tower Semiconductor (TSEM) includes 7,995 units, of which 5,330 are already vested and 2,665 will vest on July 3, 2026. Each RSU represents a contingent right to receive one ordinary share, subject to continued service.
What are the RSU vesting dates disclosed for TSEM director Amir Elstein?
The filing states that RSU tranches for Tower Semiconductor (TSEM) are scheduled to vest on July 3, 2026, July 31, 2026, July 31, 2027, July 30, 2026, July 30, 2027 and July 30, 2028, assuming the director’s continued service through each vesting date.
How many Tower Semiconductor RSUs are in the 7,380-unit grant for TSEM?
One grant to the director covers 7,380 RSUs in Tower Semiconductor (TSEM). According to the disclosure, 2,460 units are already vested, another 2,460 vest on July 31, 2026, and the remaining 2,460 RSUs vest on July 31, 2027, subject to continued service.
What is the structure of the 6,273 RSU grant reported for TSEM?
The filing shows a 6,273-unit RSU grant at Tower Semiconductor (TSEM). It specifies that 2,091 RSUs vest on July 30, 2026, an additional 2,091 on July 30, 2027, and the final 2,091 on July 30, 2028, conditioned on continued service through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
