Valens Semiconductor (NASDAQ: VLN) CEO details 4M-share option awards

Rhea-AI Filing Summary

Valens Semiconductor Ltd. CEO Yoram Salinger filed an initial ownership report showing holdings of stock options over ordinary shares. He holds three option positions that together cover 4,000,000 ordinary shares, with exercise prices of 2.0000, 3.2500 and 4.2500 and expiration on 2032-12-16.

According to the disclosure, these options vest 25% on the first vesting date of 12/16/2026, with the remaining 75% vesting in twelve equal quarterly installments, contingent on his continued service with the company or its subsidiaries through each vesting date.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Salinger Yoram

(Last) (First) (Middle)

8 HANAGAR ST.

POB 7152

(Street)

HOD HASHARON 4501309

(City) (State) (Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/20/2026

3. Issuer Name and Ticker or Trading Symbol
Valens Semiconductor Ltd. [ VLN ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	12/16/2026(1)	12/16/2032	Ordinary Shares	2,000,000	$2	D
Stock Option (Right to Buy)	12/16/2026(1)	12/16/2032	Ordinary Shares	1,000,000	$3.25	D
Stock Option (Right to Buy)	12/16/2026(1)	12/16/2032	Ordinary Shares	1,000,000	$4.25	D

Explanation of Responses:

1. The Options vest 25% on the first Vesting Date (12/16/2026) and the remaining 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.

Remarks:

This Form 3 is being filed to report the Reporting Persons beneficial ownership of securities of the Issuer as of the date the Reporting Person became subject to the reporting requirements of Section 16 of the Securities Exchange Act of 1934.

	Yoram Salinger by: Oppenheimer Israel, as Attorney-in-fact	03/20/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Valens Semiconductor (VLN) CEO Yoram Salinger report in this Form 3?

Yoram Salinger reports his beneficial ownership of stock options over ordinary shares of Valens Semiconductor. The filing lists three option positions covering a total of 4,000,000 underlying ordinary shares, providing a baseline view of his derivative equity exposure as CEO.

How many Valens Semiconductor (VLN) shares are covered by Yoram Salinger’s options?

The options reported cover 4,000,000 underlying ordinary shares. One option block relates to 2,000,000 shares, and two additional blocks each relate to 1,000,000 shares, giving investors a clear picture of the scale of his potential future equity holdings.

What are the exercise prices of Yoram Salinger’s Valens Semiconductor (VLN) stock options?

The filing lists three exercise prices for the stock options: 2.0000, 3.2500 and 4.2500 per underlying ordinary share. Each option series has its own exercise price, defining the cost at which Salinger may acquire Valens Semiconductor ordinary shares if the options are exercised.

When do Yoram Salinger’s Valens Semiconductor (VLN) options expire?

All three reported stock option positions share an expiration date of 2032-12-16. This long-dated expiration means the options could remain exercisable for several years after vesting, subject to the company’s equity plan terms and Salinger’s continued service conditions.

How do Yoram Salinger’s Valens Semiconductor (VLN) options vest over time?

The options vest 25% on the first vesting date, 12/16/2026. The remaining 75% vest in twelve equal quarterly installments, provided Salinger continues serving Valens Semiconductor or its subsidiaries through each vesting date, aligning his incentives with multi-year company performance.

Do the reported Valens Semiconductor (VLN) options require Yoram Salinger’s continued employment to vest?

Yes. Vesting is explicitly conditioned on Salinger’s continued service to Valens Semiconductor or its subsidiaries at each vesting date. If service ends before a scheduled vesting date, the unvested portion would not vest under the described terms, tying equity compensation to ongoing leadership.