Aharon Aharon 4
Research Summary
AI-generated summary
Innoviz (INVZ) Director Aharon Aharon Receives RSU Award
What Happened
Aharon Aharon, a director of Innoviz Technologies Ltd. (INVZ), was granted 110,668 Restricted Share Units (RSUs) on May 13, 2026. The filing shows an acquisition at $0.00 (no exercise price)—the RSUs are a contingent right to receive one ordinary share each if they vest. The grant itself required no cash outlay and carries no immediate sale proceeds.
Key Details
- Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (timely).
- Grant: 110,668 RSUs; reported acquisition price $0.00 (grant/award code A).
- Vesting: RSUs fully vest on April 5, 2027, subject to continued service as a company service provider. (Each RSU converts into one ordinary share upon vesting.)
- Shares owned after transaction: filing notes inclusion of 234,329 ordinary shares (per footnote).
- No 10b5‑1 plan, tax‑withholding sale, or 10% owner notation indicated in the filing.
Context
RSUs are compensation awards that convert into shares only upon vesting; they are not immediate open‑market purchases or sales and do not necessarily signal near‑term buying or selling by the insider. This grant is a common form of director compensation and becomes meaningful only if the RSUs vest on the stated date.