Tower Semiconductor (TSEM) director receives 814 RSUs in equity grant

Rhea-AI Filing Summary

Vakrat Wolkin Michal reported acquisition or exercise transactions in this Form 4 filing.

TOWER SEMICONDUCTOR LTD director Michal Vakrat Wolkin reported a compensation-related equity grant. On 07/02/2026, she was awarded 814 restricted stock units, each representing one ordinary share at no purchase price. Following the award, she directly holds 17,575 ordinary shares. Half of the RSUs (407) are scheduled to vest on 07/02/2027 and the remaining 407 on 07/02/2028, subject to her continued service through each vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Vakrat Wolkin Michal

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	814	$0.00	--

Holdings After Transaction: Ordinary Shares — 17,575 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 814 shares Post-transaction holdings: 17,575 shares First vesting tranche: 407 RSUs +2 more

5 metrics

RSUs granted 814 shares Award of restricted stock units on 07/02/2026

Post-transaction holdings 17,575 shares Ordinary shares directly held after grant

First vesting tranche 407 RSUs Scheduled to vest on 07/02/2027

Second vesting tranche 407 RSUs Scheduled to vest on 07/02/2028

Grant price 0.0000 per share RSUs granted at no purchase price

Key Terms

restricted stock units ("RSUs"), vesting, ordinary shares

3 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.

vesting financial

"407 will vest on 07/02/2027, and additional 407 will vest on 07/02/2028"

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 shares financial

"each of which represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd."

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 10:08 AM Accepted by SEC EDGAR 07/06/2026 - 10:08 AM Learn about SEC filing dates

FAQ

What insider transaction did TSEM director Michal Vakrat Wolkin report?

Director Michal Vakrat Wolkin reported receiving 814 restricted stock units in TOWER SEMICONDUCTOR LTD. Each RSU represents one ordinary share granted at no purchase price as part of equity compensation, subject to future vesting conditions tied to continued service with the company.

How many Tower Semiconductor (TSEM) shares does Michal Vakrat Wolkin hold after this Form 4?

After the reported grant, Michal Vakrat Wolkin directly holds 17,575 ordinary shares of TOWER SEMICONDUCTOR LTD. This total includes the impact of the 814 new restricted stock units reported in the Form 4 insider filing dated 07/02/2026.

How are the 814 RSUs granted to TSEM director Michal Vakrat Wolkin scheduled to vest?

The 814 restricted stock units vest in two equal installments. According to the filing, 407 RSUs will vest on 07/02/2027 and an additional 407 RSUs will vest on 07/02/2028, assuming she continues her service with TOWER SEMICONDUCTOR LTD through each vesting date.

Did Michal Vakrat Wolkin buy or sell Tower Semiconductor (TSEM) shares in this Form 4?

This Form 4 does not show an open-market buy or sell. It reports an acquisition of 814 restricted stock units as a grant or award, coded “A,” which is a compensation-related equity award rather than a purchase or sale on the market.

What type of security was reported in Michal Vakrat Wolkin’s TSEM Form 4?

The filing reports restricted stock units that each convert into one ordinary share of TOWER SEMICONDUCTOR LTD. These RSUs were granted at a price of 0.0000 per share, reflecting a stock-based compensation award rather than a cash purchase transaction.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Vakrat Wolkin Michal

(Last) (First) (Middle)

5 FEIBEL ST.

APT. 21

(Street)

TEL AVIV 6299507

(City) (State) (Zip)

ISRAEL

(Country)

2. Issuer Name and Ticker or Trading Symbol
TOWER SEMICONDUCTOR LTD [ TSEM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	07/02/2026		A(1)		814	A	$0	17,575	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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"). 407 will vest on 07/02/2027, and additional 407 will vest on 07/02/2028 , subject to the Reporting Persons continued service through each vesting date.

	/s/ Netta Cohen on behalf of Oppenheimer Israel, as Attorney-in-fact	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)