Valens Semiconductor (VLN) director Rotem Igal reports initial option and RSU holdings

Rhea-AI Filing Summary

Valens Semiconductor Ltd. director Rotem Igal filed an initial ownership report detailing equity awards and share holdings in the company. The filing lists stock options to acquire 46,960 ordinary shares at an exercise price of 2.2700, expiring on 2032-09-04, and options over 56,804 ordinary shares at 1.6600, expiring on 2033-01-15.

The options vest in twelve equal quarterly installments commencing on 12/04/2025, subject to continued service. The report also describes restricted stock units that each represent one ordinary share, vesting in quarterly installments beginning on 12/04/2025 and in four quarterly portions tied to the 01/15/2026 grant anniversary, also conditioned on ongoing service.

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^*

Rotem Igal

(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)
03/18/2026

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)

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

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)
Ordinary Shares	60,795(1)	D
Ordinary Shares	47,847(2)	D

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)	12/04/2025(3)	09/04/2032	Ordinary Shares	46,960	$2.27	D
Stock Option (Right to Buy)	04/15/2026(4)	01/15/2033	Ordinary Shares	56,804	$1.66	D

Explanation of Responses:

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 in twelve equal quarterly installments commencing on 12/04/2025, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.

2. 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 in four Equal portions on a quarterly basis within 90 days, 180 days, 270 days of the first anniversary of the date of grant (01/15/2026), subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.

3. The Options vest in twelve equal quarterly installments commencing on 12/04/2025, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.

4. The units vest in four Equal portions on a quarterly basis within 90 days, 180 days, 270 days of the first anniversary of the date of grant (01/15/2026), 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 Person 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.

	Igal Rotem by: Oppenheimer Israel, as Attorney-in-fact	03/18/2026
	** 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 the Valens Semiconductor (VLN) Form 3 filing by Rotem Igal show?

The Form 3 filing shows initial ownership of equity awards and ordinary shares by director Rotem Igal. It details stock options and restricted stock units that vest over time, all subject to continued service with Valens Semiconductor or its subsidiaries.

What stock options does Rotem Igal report holding in Valens Semiconductor (VLN)?

Rotem Igal reports stock options over 46,960 ordinary shares at an exercise price of 2.2700, expiring 2032-09-04, and options over 56,804 ordinary shares at 1.6600, expiring 2033-01-15. These options provide a right to buy ordinary shares at those prices.

How do Rotem Igal’s options in Valens Semiconductor (VLN) vest?

The options vest in twelve equal quarterly installments starting on 12/04/2025, provided Rotem Igal continues serving Valens Semiconductor or its subsidiaries. This quarterly schedule spreads vesting over three years, aligning equity ownership with ongoing service to the company.

What restricted stock units (RSUs) are described for Rotem Igal at Valens Semiconductor (VLN)?

The filing describes RSUs, each representing one ordinary share of Valens Semiconductor. One grant vests in twelve equal quarterly installments from 12/04/2025, and another vests in four quarterly portions within 90, 180, and 270 days after the 01/15/2026 grant anniversary.

Are Rotem Igal’s Valens Semiconductor (VLN) equity awards subject to service conditions?

Yes, all described RSUs and options are subject to continued service. Vesting occurs only if Rotem Igal remains employed or continues serving Valens Semiconductor or its subsidiaries through each specified quarterly vesting date, linking equity realization to ongoing contribution.