Wearable Devices (WLDS) CFO discloses initial share, option and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Wearable Devices Ltd. Chief Financial Officer Mualem Alon filed an initial Form 3 reporting his existing equity position. He directly holds 52,083 Ordinary Shares and has stock options covering 417 shares at an exercise price of $0.7200 expiring on January 23, 2032 and 83 shares at $316.8000 expiring on November 30, 2033. Footnotes also describe RSU awards for 5,000 Ordinary Shares vesting monthly through September 10, 2026 and 37,778 Ordinary Shares vesting monthly through January 1, 2029, each RSU representing one Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Mualem Alon
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock option (right to buy) | -- | -- | -- |
| holding | Stock option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock option (right to buy) — 417 shares (Direct);
Ordinary Shares — 52,083 shares (Direct)
Footnotes (1)
- Includes (i) 5,000 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") in equal monthly installments of 833 Ordinary Shares through September 10, 2026; and (ii) 37,778 Ordinary Shares issuable upon the vesting of RSUs in equal monthly installments of 1,111 Ordinary Shares through January 1, 2029. Each RSU represents the right to receive one Ordinary Share. The options were granted on January 23, 2022 and vest as follows: 139 options vest on the first year anniversary of the grant date and the remaining 278 options vest in equal monthly installments of 12 Ordinary Shares after the first anniversary. The options were granted on August 23, 2023 and vest as follows: 28 options vest on the first year anniversary of the grant date and the remaining 55 options vest in equal monthly installments of 2 Ordinary Shares after the first anniversary.
FAQ
What does Wearable Devices (WLDS) CFO Mualem Alon report on this Form 3?
CFO Mualem Alon reports his existing equity stake in Wearable Devices. He directly holds 52,083 Ordinary Shares and has stock options and RSU awards that could deliver additional Ordinary Shares over time, reflecting his long-term, equity-based compensation structure with the company.
What stock options are disclosed for the Wearable Devices (WLDS) CFO?
The Form 3 shows two stock option positions for the CFO. One covers 417 Ordinary Shares at an exercise price of $0.7200 expiring January 23, 2032, and another covers 83 Ordinary Shares at $316.8000 expiring November 30, 2033, both held directly.
What RSU awards does the Wearable Devices (WLDS) CFO have?
Footnotes describe two RSU grants to the CFO. One represents 5,000 Ordinary Shares vesting in equal monthly installments of 833 shares through September 10, 2026, and another represents 37,778 Ordinary Shares vesting 1,111 shares monthly through January 1, 2029, each RSU delivering one Ordinary Share.
Does this Wearable Devices (WLDS) Form 3 show any insider buying or selling?
The Form 3 does not show new insider buying or selling activity. It is an initial statement of beneficial ownership listing existing Ordinary Shares, stock options, and RSU grants held by the CFO, rather than reporting open-market purchases or sales of the company’s stock.
What are the vesting terms of the Wearable Devices (WLDS) CFO stock options?
Footnotes explain the option vesting schedules. For the January 23, 2022 grant, 139 options vest on the first anniversary and the remaining 278 vest in monthly installments of 12 Ordinary Shares. For the August 23, 2023 grant, 28 options vest after one year and 55 vest monthly in 2-share increments.