Jacoby Stefan 4
Research Summary
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Innoviz (INVZ) Director Stefan Jacoby Receives RSU Award
What Happened Stefan Jacoby, a director of Innoviz Technologies Ltd. (INVZ), received an award of 110,668 restricted share units (RSUs) on May 13, 2026. The grant was reported at $0.00 per unit (no exercise price) and therefore shows $0 cash paid. Each RSU is a contingent right to receive one ordinary share upon vesting.
Key Details
- Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (filed within the normal two-business-day window).
- Award: 110,668 RSUs reported at $0.00 per unit (no cash exchanged).
- Vesting: RSUs shall fully vest on April 5, 2027, subject to Jacoby remaining a service provider on that date (per footnote F1).
- Shares owned after transaction: filing notes inclusion of 181,326 ordinary shares (footnote F2).
- Footnotes: F1 describes the RSU grant and vesting; F2 indicates the holder’s ordinary shares count included in the report.
Context RSU grants are compensation awards, not open-market purchases or sales. They do not result in immediate share issuance or cash flow; value materializes only if and when the RSUs vest and are converted into ordinary shares. For retail investors, such awards signal management compensation alignment but are not a direct buy signal on the market today.