Innoviz Technologies (INVZ) director discloses 234,329 shares and RSUs on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Innoviz Technologies Ltd. director Dan Michael Falk filed an initial ownership report showing beneficial ownership of 234,329 Ordinary Shares. This total includes 107,083 Ordinary Shares issuable upon vesting of restricted share units granted on May 13, 2025, which are scheduled to vest on April 5, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Falk Dan Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 234,329 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does the Innoviz Technologies (INVZ) Form 3 filing show for Dan Michael Falk?
The Form 3 shows that director Dan Michael Falk beneficially owns 234,329 Ordinary Shares of Innoviz Technologies. This amount includes currently held shares plus 107,083 shares underlying restricted share units that may vest in the future under specified conditions.
Are there any buy or sell transactions in this Innoviz Technologies (INVZ) Form 3?
The Form 3 is an initial ownership statement and does not report any buy or sell transactions. It simply discloses that Dan Michael Falk beneficially owns 234,329 Ordinary Shares, including shares that may be issued upon future RSU vesting, as of the reported date.
Does the Innoviz Technologies (INVZ) Form 3 include derivative securities or options?
The filing highlights restricted share units, not traditional options or warrants. It states that 107,083 Ordinary Shares are issuable upon vesting of RSUs, with no exercise price applicable. Each RSU converts into one Ordinary Share when vesting conditions are satisfied on April 5, 2026.
What is the vesting schedule for the Innoviz Technologies (INVZ) RSUs in this Form 3?
The RSUs referenced in the Form 3 were granted on May 13, 2025 and are scheduled to vest on April 5, 2026. Upon vesting, each restricted share unit entitles the holder to receive one Innoviz Technologies Ordinary Share without any exercise price requirement.
What type of security is reported in the Innoviz Technologies (INVZ) Form 3 for Dan Michael Falk?
The security reported is Innoviz Technologies Ordinary Shares. The filing shows 234,329 shares beneficially owned, which includes 107,083 Ordinary Shares that may be issued upon vesting of restricted share units, each RSU representing a right to one Ordinary Share at no exercise price.