Ceragon Networks (CRNT) CRO granted options and RSUs in new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ceragon Networks’ Chief Revenue Officer Ronen Ben-Hamou received new equity compensation awards. He was granted stock options for 54,427 ordinary shares at an exercise price of $2.276 per share and 27,213 restricted stock units.
The RSUs vest in four equal annual installments of 25% starting on 03/23/2027, contingent on continued service. The options vest 25% on 03/23/2027, with the remaining 75% vesting in twelve equal quarterly installments over three years beginning on that date. Following these grants, his direct holdings of ordinary shares increased to 109,441 shares, reflecting a compensation-related award rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BEN-HAMOU RONEN
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 54,427 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 27,213 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 54,427 shares (Direct);
Ordinary Shares — 109,441 shares (Direct)
Footnotes (1)
- The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Ceragon Networks Ltd. (the "Company"). The RSUs vest in four equal annual installments (25% per year) commencing on 03/23/2027 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Options vest 25% on the first anniversary of the grant date (03/23/2027) and the remaining 75% vest in twelve equal quarterly installments over a three year period commencing on 3/23/2027, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date
FAQ
What did Ceragon Networks (CRNT) grant to its Chief Revenue Officer?
Ceragon Networks granted its Chief Revenue Officer stock options and restricted stock units as equity compensation. The awards include 54,427 options and 27,213 RSUs, providing potential future ownership in ordinary shares, subject to multi-year vesting and continued service conditions.
How many Ceragon (CRNT) stock options were granted to the CRO and at what price?
The Chief Revenue Officer received 54,427 stock options with an exercise price of $2.276 per ordinary share. These options give the right, but not the obligation, to buy shares at that price if and when they vest and are exercised.
What restricted stock unit (RSU) grant did the Ceragon (CRNT) CRO receive?
The Chief Revenue Officer received 27,213 restricted stock units, each representing one ordinary share upon vesting. The RSUs are part of compensation and do not involve any cash purchase by the executive at grant, aligning interests with long-term share performance.
When do the Ceragon Networks (CRNT) RSUs granted to the CRO vest?
The RSUs vest in four equal annual installments of 25% each, starting on 03/23/2027. Vesting is conditioned on the Chief Revenue Officer’s continued service with Ceragon Networks or its subsidiaries through each annual vesting date.
What is the vesting schedule for the Ceragon (CRNT) stock options granted to the CRO?
The stock options vest 25% on the first anniversary of the grant date, 03/23/2027. The remaining 75% vest in twelve equal quarterly installments over three years, also requiring the executive to remain in service through each vesting date.