Keilaf Omer David 4
Research Summary
AI-generated summary
Innoviz (INVZ) CEO Omer Keilaf Transfers 723,019 Shares
What Happened Omer Keilaf, CEO of Innoviz Technologies Ltd. (INVZ), reported a disposition of 723,019 ordinary shares on 2026-04-30. The shares were transferred at $0.00 per share (no proceeds reported). The filing identifies the transfer as part of a divorce settlement, not an open‑market sale.
Key Details
- Transaction date: April 30, 2026; Form 4 filed May 4, 2026 (appears timely).
- Transaction type/code: "Other acquisition or disposition" (code J) — transfer to former spouse, Ms. Gali Moscovici (per footnote F1).
- Shares transferred: 723,019; reported price: $0.00 (no consideration reported).
- Shares owned after the transaction: not specified in the filing.
- Additional holdings reported by the insider: 1,135,780 RSUs issuable upon vesting (see footnote F2); vesting schedules span grants from Aug 2022 through Aug 2025 with vesting through 2029. Each RSU converts to one ordinary share and vests only if Keilaf remains a service provider. (Footnote F3: no exercise price applies.)
Context
- Transfers under divorce settlements are routine legal/housekeeping events and do not necessarily reflect the insider’s view of the company’s prospects. This was not an open‑market sale or purchase.
- The large pool of unvested RSUs means Keilaf has potential future stock exposure, subject to continued service and the specified vesting schedules.