STOCK TITAN

Valens Semiconductor (VLN) SVP sells 4K shares after option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Valens Semiconductor SVP of R&D Chairman David exercised stock options for 4,000 Ordinary Shares at $0.86 per share and immediately sold the same 4,000 shares at a weighted average price of $2.4324 on June 15, 2026.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 16, 2024. Following these transactions, he continues to hold 403,968 Ordinary Shares directly, indicating that the activity affected only a small portion of his stake.

Positive

  • None.

Negative

  • None.
Insider Chairman David
Role SVP, R&D
Sold 4,000 shs ($10K)
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 4,000 $0.00 --
Exercise Ordinary Shares 4,000 $0.86 $3K
Sale Ordinary Shares 4,000 $2.4324 $10K
Holdings After Transaction: Stock Option (Right to Buy) — 75,695 shares (Direct, null); Ordinary Shares — 407,968 shares (Direct, null)
Footnotes (1)
  1. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2024 The shares were acquired upon the exercise of stock options The shares sold were acquired upon the exercise of stock options on the same date The price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request. The options reported herein were exercised and the underlying shares were sold on the same date as reported in Table I.
Shares sold 4,000 shares Ordinary Shares sold in open market on June 15, 2026
Sale price <money>$2.4324</money> per share Weighted average sale price for 4,000 Ordinary Shares
Options exercised 4,000 shares Stock options converted into Ordinary Shares on June 15, 2026
Exercise price <money>$0.86</money> per share Exercise price of Stock Option (Right to Buy)
Shares held after 403,968 shares Direct Ordinary Share holdings following transactions
Option expiration <date>June 9, 2031</date> Expiration date of exercised stock options
10b5-1 plan adoption <date>August 16, 2024</date> Date the Rule 10b5-1 trading plan was adopted
Net shares sold 4,000 shares SellShares reported in transactionSummary (net-sell direction)
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with underlying Ordinary Shares"
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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SEC Form 4
FORM 4UNITED 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).
X
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*
Chairman David

(Last)(First)(Middle)
42 HOLOT GEULIM

(Street)
ZORAN

(City)(State)(Zip)

ISRAEL

(Country)
2. Issuer Name and Ticker or Trading Symbol
Valens Semiconductor Ltd. [ VLN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, R&D
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/15/2026M4,000(2)A$0.86407,968D
Ordinary Shares06/15/2026S(1)4,000(3)D$2.4324(4)403,968D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$0.8606/15/2026M(5)4,00006/01/202206/09/2031Ordinary Shares4,000$075,695D
Explanation of Responses:
1. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2024
2. The shares were acquired upon the exercise of stock options
3. The shares sold were acquired upon the exercise of stock options on the same date
4. The price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request.
5. The options reported herein were exercised and the underlying shares were sold on the same date as reported in Table I.
/s/ Yohanan Azriel on behalf of Oppenheimer Israel, as Attorney-in-fact06/16/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Valens Semiconductor (VLN) insider Chairman David do in this Form 4?

Chairman David, SVP of R&D at Valens Semiconductor, exercised stock options for 4,000 Ordinary Shares and sold the same 4,000 shares in an open-market transaction on June 15, 2026, as reported in this Form 4 filing.

How many Valens Semiconductor (VLN) shares did the insider sell and at what price?

The insider sold 4,000 Ordinary Shares of Valens Semiconductor at a weighted average price of $2.4324 per share. The filing notes this figure as a weighted average and offers to provide detailed trade breakdowns upon request.

What stock options did the Valens Semiconductor (VLN) insider exercise?

Chairman David exercised stock options covering 4,000 Ordinary Shares at an exercise price of $0.86 per share. These options, described as “Stock Option (Right to Buy),” were tied to Ordinary Shares as the underlying security.

How many Valens Semiconductor (VLN) shares does the insider hold after these transactions?

After the reported option exercise and share sale, Chairman David directly holds 403,968 Ordinary Shares of Valens Semiconductor. This indicates the transactions involved only a small fraction of his overall direct share ownership position.

Was the Valens Semiconductor (VLN) insider sale part of a Rule 10b5-1 plan?

Yes. The filing states that the sales were carried out under a Rule 10b5-1 trading plan adopted by the reporting person on August 16, 2024, indicating the transactions were pre-arranged rather than opportunistic market-timing trades.

What does the Form 4 reveal about Valens Semiconductor (VLN) insider options?

The Form 4 shows a 4,000-share option exercise linked to Ordinary Shares, with an exercise price of $0.86 and an option expiration date of June 9, 2031, illustrating part of the insider’s equity-based compensation structure.