AVERY MORE 4
4 · SOLAREDGE TECHNOLOGIES, INC. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
SolarEdge (SEDG) Chairman Avery More Receives 9,307 RSUs
What Happened
- Avery More, Chairman of the Board of SolarEdge Technologies, received two restricted stock unit (RSU) awards on 2026-06-03 totaling 9,307 RSUs (5,741 RSUs and 3,566 RSUs). The grants were awards (code A) issued at $0.00 per share and will convert to common stock upon vesting. No cash was exchanged.
Key Details
- Transaction date: 2026-06-03; filing date: 2026-06-05 (appears timely).
- Grants: 5,741 RSUs (annual board award) and 3,566 RSUs (in lieu of annual cash retainer).
- Vesting:
- 5,741 RSUs: vest in full on the earlier of one-year anniversary of the grant or the company's next regular Annual General Meeting; immediate vesting upon a change in control. (F1)
- 3,566 RSUs: vest and settle 25% on the last day of each calendar quarter from July 1, 2026 through June 30, 2027. (F3)
- Settlement: RSUs may be settled solely in shares of common stock (no cash settlement). (F1, F3)
- Shares beneficially owned after the transaction (per filing footnote): 304,686 shares held across various personal and trust entities (includes 201,686 held directly plus other holdings). (F2)
- No tax withholding, sale, or option exercise reported in this filing.
Context
- RSU awards are compensation, not open-market purchases or sales, and generally reflect routine director pay rather than a direct market signal. They convert to shares only as they vest; until then they are unvested units subject to the terms above.
- Vesting acceleration on a change in control means the RSUs would convert to shares if the company is acquired per the plan definition.
Insider Transaction Report
Form 4
AVERY MORE
DirectorOther
Transactions
- Award
Common Stock
[F1][F2]2026-06-03+5,741→ 301,120 total - Award
Common Stock
[F3][F2]2026-06-03+3,566→ 304,686 total
Footnotes (3)
- [F1]Reflects restricted stock units ("RSUs") granted to the reporting person as an annual award for service on the Board of Directors. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the Company's next regular Annual General Meeting of Stockholders, subject to continued board service through the applicable vesting date. The RSUs will vest in full upon the occurrence of a change in control (as defined in the SolarEdge Technologies, Inc. 2015 Amended and Restated Global Incentive Plan). These RSUs may be settled solely in shares of common stock.
- [F2]Includes, 201,686 shares held by Avery More, 50,000 shares held by More CRUT (More Charitable Remainder Unitrust), 40,000 shares held by More Family 2020 DT Investment LLC, 1,000 shares held by More Generations Trust, 1,000 shares held by Yaron Generations Trust and 11,000 shares held by Avery More's wife, Jerralyn Smith More, as to which Avery More disclaims any ownership interest.
- [F3]Reflects restricted stock units ("RSUs") granted to the reporting person in lieu of annual cash retainer for service on the Board of Directors, which shall vest and settle as to 25% on the last day of each calendar quarter during the period from July 1, 2026 through June 30, 2027. These RSUs may be settled solely in shares of common stock.
Signature
/s/ Dalia Litay, Power of Attorney|2026-06-04