Hub Cyber Security (HUBC) exec reports RSU-based share holdings

Rhea-AI Filing Summary

Hub Cyber Security Ltd. executive Shai Schiller, Head of Strategy, filed an initial ownership report for the company’s ordinary shares. The filing notes that part of his interest is in Restricted Share Units (RSUs) that vest over time, rather than all being currently owned shares.

The RSUs vest in twelve quarterly installments of 278 ordinary shares each, beginning on November 28, 2024, with each RSU delivering one ordinary share when it vests. This structure ties a portion of his compensation to the company’s future performance and continued service.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Schiller Shai

Role Head of Strategy

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 1,674 shares (Direct)

Footnotes (1)

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Key Figures

RSU installment size: 278 ordinary shares RSU installments: 12 quarterly installments RSU vesting start date: November 28, 2024

3 metrics

RSU installment size 278 ordinary shares Each quarterly RSU vesting installment

RSU installments 12 quarterly installments Number of RSU vesting events

RSU vesting start date November 28, 2024 Date first RSU installment vests

Key Terms

Restricted Share Units ("RSUs"), Ordinary Shares, vest

3 terms

Restricted Share Units ("RSUs") financial

"Represents Restricted Share Units ("RSUs") that vest in twelve quarterly installments"

Ordinary Shares financial

"Each RSU represents the right to receive one ordinary share ("Ordinary Share")"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

vest financial

"RSUs that vest in twelve quarterly installments of 278 Ordinary Shares"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Schiller Shai

(Last) (First) (Middle)

C/O HUB CYBER SECURITY LTD.

2 KAPLAN STREET

(Street)

TEL AVIV 6473403

(City) (State) (Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/31/2026

3. Issuer Name and Ticker or Trading Symbol
Hub Cyber Security Ltd. [ HUBC ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head of Strategy

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	1,674	D
Ordinary Shares	1,481(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents Restricted Share Units ("RSUs") that vest in twelve quarterly installments of 278 Ordinary Shares beginning November 28, 2024. Each RSU represents the right to receive one ordinary share ("Ordinary Share") of the Issuer.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney

	/s/ Tuvia Grossman as attorney-in-fact for Shai Schiller	03/31/2026
	** Signature of Reporting Person	Date
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 5 (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 3: SEC 1473 (03-26)

FAQ

What does the Hub Cyber Security (HUBC) Form 3 for Shai Schiller show?

The Form 3 shows that Head of Strategy Shai Schiller reported his initial ownership in Hub Cyber Security ordinary shares. It highlights that a portion is held as RSUs vesting over time, rather than all as currently unrestricted shares.

How do Shai Schiller’s RSUs at Hub Cyber Security (HUBC) vest?

Shai Schiller’s RSUs vest in twelve quarterly installments of 278 ordinary shares each. Vesting begins on November 28, 2024, meaning units convert into shares gradually, aligning compensation with ongoing service and the company’s long-term performance.

What is an RSU in the Hub Cyber Security (HUBC) Form 3 filing?

An RSU, or Restricted Share Unit, represents the right to receive one ordinary share of Hub Cyber Security when it vests. In this filing, each RSU converts into a single ordinary share according to the specified quarterly vesting schedule.

Does the Hub Cyber Security (HUBC) Form 3 indicate recent buying or selling by Shai Schiller?

The Form 3 is an initial ownership report and does not indicate explicit buying or selling activity. It primarily discloses Schiller’s beneficial ownership, including RSUs that will vest into ordinary shares over a defined quarterly schedule.

When does Shai Schiller’s RSU vesting begin at Hub Cyber Security (HUBC)?

The RSU vesting for Shai Schiller begins on November 28, 2024. Starting on that date, 278 ordinary shares vest each quarter for twelve installments, gradually increasing his delivered share ownership over several years as conditions are met.