Valens Semiconductor (VLN) SVP details share, option and RSU grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Valens Semiconductor Ltd. executive Gili Friedman filed an initial ownership report showing existing equity holdings, not new trades. The filing lists 120,000 and 100,000 Ordinary Shares held directly, plus a stock option covering 150,000 Ordinary Shares at an exercise price of $2.27 per share, expiring in 2032.
The option vests in full on June 26, 2027, if continued service conditions are met. Footnotes describe restricted stock unit awards that each represent one Ordinary Share, with one grant beginning to vest on December 1, 2025 and another on February 24, 2027, followed by quarterly vesting over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Friedman Gili
Role
SVP, Head of Cross-Industry Bu
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 150,000 shares (Direct);
Ordinary Shares — 120,000 shares (Direct)
Footnotes (1)
- The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Valens Semiconductor Ltd. (the "Company"). The units vest 25% on the first Vesting Date (12/01/2025) and the reamining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Valens Semiconductor Ltd. (the "Company"). The units vest 25% on the first Vesting Date (02/24/2027) and the reamining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Options vest in full on the second year anniversary of the grant (06/26/2027), subject to the Reporting Person's continued service to the Company or its subsidiaries on the vesting date.
FAQ
What insider position does Valens Semiconductor (VLN) report for Gili Friedman on this Form 3?
The Form 3 shows SVP Gili Friedman’s initial equity position at Valens Semiconductor, including direct holdings of Ordinary Shares and a stock option. It establishes baseline ownership as an officer, rather than reporting any new purchases or sales of VLN shares.
What are the terms of Gili Friedman’s stock option reported by Valens Semiconductor (VLN)?
Friedman holds a stock option over 150,000 Valens Semiconductor Ordinary Shares with a $2.27 exercise price. The option vests in full on June 26, 2027, contingent on continued service, and expires on June 26, 2032, defining a long-dated equity incentive.
What restricted stock unit (RSU) awards are described for Valens Semiconductor (VLN) SVP Gili Friedman?
Footnotes describe two RSU grants, each unit equal to one Ordinary Share. One vests 25% on December 1, 2025, then the remaining 75% in 12 quarterly installments; the other follows the same pattern starting February 24, 2027, subject to continued service.
How does this Form 3 characterize Gili Friedman’s ownership type in Valens Semiconductor (VLN)?
All reported positions, including Ordinary Shares and the stock option, are classified as direct ownership. There are no indirect holdings through trusts or entities disclosed, and the footnotes focus on vesting conditions for RSUs and options rather than shared or delegated ownership.