Wearable Devices (WLDS) CMO reports initial share, option and RSU stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Wearable Devices Ltd. Chief Marketing Officer Barel Shmuel filed an initial Form 3 showing his beneficial ownership in the company. The filing reports direct ownership of 31,333 Ordinary Shares, plus stock options and restricted share units that may convert into additional shares over time.
He holds stock options over 593 Ordinary Shares at an exercise price of 0.7200 per share expiring on November 1, 2031, and options over 104 Ordinary Shares at 316.8000 per share expiring on November 30, 2033. Footnotes indicate 3,500 RSUs vesting in monthly installments of 583 shares through September 10, 2026 and 21,407 RSUs vesting in monthly installments of 630 shares through January 1, 2029, each RSU representing one Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Barel Shmuel
Role
Chief Marketing 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) — 593 shares (Direct);
Ordinary Shares — 31,333 shares (Direct)
Footnotes (1)
- Includes (i) 3,500 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 583 Ordinary Shares through September 10, 2026; and (ii) 21,407 Ordinary Shares issuable upon the vesting of RSUs in equal monthly installments of 630 Ordinary Shares through January 1, 2029. Each RSU represents the right to receive one Ordinary Share. Fully vested on November 1, 2024. The options were granted on August 23, 2023 and vest as follows: 34 options vest on the first year anniversary of the grant date and the remaining 70 options vest in equal monthly installments of 3 Ordinary Shares after the first anniversary.
FAQ
What does the WLDS Form 3 filing for Barel Shmuel show?
The Form 3 shows Barel Shmuel’s initial beneficial ownership in Wearable Devices Ltd. It lists directly held Ordinary Shares, stock options with specific exercise prices and expirations, and restricted share units scheduled to vest in monthly installments through 2026 and 2029.
What stock options are reported for Barel Shmuel in the WLDS Form 3?
The filing reports two stock option grants over Ordinary Shares. One covers 593 shares at an exercise price of 0.7200, expiring November 1, 2031. The other covers 104 shares at an exercise price of 316.8000, expiring November 30, 2033, both held directly.
What executive role does Barel Shmuel hold at Wearable Devices Ltd.?
Barel Shmuel is the Chief Marketing Officer of Wearable Devices Ltd. His role is identified in the reporting person details of the Form 3, which links his executive position to the disclosed holdings in Ordinary Shares, stock options, and restricted share units.