Wearable Devices (WLDS) director’s filing shows zero stake
Rhea-AI Filing Summary
Wearable Devices Ltd. (WLDS) disclosed that Vardi Avichy Nisan, a director of the company, filed an initial statement of beneficial ownership on Form 3. The filing lists no reportable transactions or holdings in the non-derivative or derivative securities tables as of the reporting date.
Positive
- None.
Negative
- None.
Key Terms
Form 3, beneficial ownership, derivative securities
3 terms
Form 3 regulatory
"filed an initial statement of beneficial ownership on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"filed an initial statement of beneficial ownership on Form 3"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
derivative securities financial
"no reportable transactions or holdings in the non-derivative or derivative securities tables"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What does the WLDS Form 3 filed by Vardi Avichy Nisan report?
It reports that director Vardi Avichy Nisan has filed an initial statement of beneficial ownership for Wearable Devices Ltd. (WLDS). The Form 3 includes no reported transactions or listed holdings in company securities as of the reporting date.
Does the WLDS Form 3 show any insider buying or selling by Vardi Avichy Nisan?
No. The Form 3 for Vardi Avichy Nisan shows no buy or sell transactions. All transaction-related counts in the filing’s summary, including buy, sell, and exercise shares, are reported as zero.
What insider role does Vardi Avichy Nisan have at Wearable Devices Ltd. (WLDS)?
The filing identifies Vardi Avichy Nisan as a director of Wearable Devices Ltd. (WLDS). He is not marked as an officer or a ten percent owner in this Form 3.
Are there any derivative securities reported for Vardi Avichy Nisan in WLDS?
No. The Form 3’s derivativeSummary section is empty, and the filing shows zero derivative transactions and no derivative holdings reported for Vardi Avichy Nisan at this time.
Does the WLDS Form 3 indicate use of a Rule 10b5-1 trading plan?
No. The indicator for a Rule 10b5-1 trading plan is null, reflecting that there are no transactions in this Form 3 and no plan status is specified for Vardi Avichy Nisan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
