Similarweb (NYSE: SMWB) director discloses RSU and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SIMILARWEB LTD. director Eilam Barak filed an initial statement of beneficial ownership, detailing his equity stake in the company. He reports holdings of ordinary shares and restricted share units (RSUs), each RSU representing a right to receive one ordinary share, with future vesting schedules.
One RSU grant is scheduled to vest in three equal annual installments starting on 11/15/2025, subject to continued service. A second RSU grant is scheduled to vest in a single installment on 02/15/2027, also conditioned on his continued service with Similarweb or its subsidiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Eilam Barak
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units, each representing one Ordinary Share | -- | -- | -- |
| holding | Restricted Share Units, each representing one Ordinary Share | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units, each representing one Ordinary Share — 20,877 shares (Direct);
Ordinary Shares — 10,438 shares (Direct)
Footnotes (1)
- The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one ordinary share of Similarweb Ltd (the "Company"). The RSUs vest in 3 years period equal installments with the first vesting date on 11/15/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one ordinary share of Similarweb Ltd (the "Company"). The RSUs vest in 1 year installment with the first vesting date on 02/15/2027 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
FAQ
What does the Similarweb (SMWB) Form 3 filing by Eilam Barak show?
The filing shows director Eilam Barak’s initial ownership of Similarweb equity, including ordinary shares and restricted share units. It outlines his RSU grants and vesting schedules, establishing a baseline of his beneficial ownership as of the reported date.
What type of securities does Eilam Barak report holding in Similarweb (SMWB)?
Eilam Barak reports holding Similarweb ordinary shares and restricted share units, each RSU representing a contingent right to receive one ordinary share. These RSUs are subject to specific time-based vesting conditions tied to his continued service with the company.
How do Eilam Barak’s RSUs in Similarweb (SMWB) vest over time?
One RSU grant vests in three equal annual installments starting on November 15, 2025, if he continues serving the company. A second RSU grant vests in a single installment on February 15, 2027, also contingent on his continued service with Similarweb or its subsidiaries.
Does the Similarweb (SMWB) Form 3 indicate any stock purchases or sales by Eilam Barak?
The Form 3 reflects holdings and vesting terms rather than transactions, and the summarized data do not identify any purchases or sales. It primarily establishes Barak’s existing ownership of ordinary shares and RSUs at the time of the filing.
What conditions apply to Eilam Barak’s RSU grants in Similarweb (SMWB)?
Both RSU grants require Eilam Barak to maintain continuous service with Similarweb or its subsidiaries through each vesting date. If he continues serving through those dates, the RSUs convert into ordinary shares according to the respective vesting schedules.