Tietz Yoram 4
Research Summary
AI-generated summary
SolarEdge (SEDG) Director Yoram Tietz Receives RSU Award
What Happened
Director Yoram Tietz received two grants of restricted stock units (RSUs) on 2026-06-03 totaling 3,390 RSUs (2,634 RSUs and 756 RSUs). Both grants were reported as awards (code A) at $0.00 per share (RSUs, not open‑market purchases or sales). These RSUs may be settled solely in shares of common stock.
Key Details
- Transaction date: 2026-06-03; reported on Form 4 filed 2026-06-05 (timely filing).
- Grants: 2,634 RSUs (annual board award) and 756 RSUs (in lieu of cash retainer), total 3,390 RSUs; reported price $0.00.
- Shares/units held after transaction: reporting shows 2,507 shares held (via YTZR Management Services Ltd.) plus the 3,390 unvested RSUs.
- Footnotes: Annual award RSUs vest in full on the earlier of the one‑year anniversary or the next regular AGM, or upon a change in control. The 756 RSUs (retainer) vest 25% at each calendar quarter end from July 1, 2026 through June 30, 2027. RSUs settle only in shares.
Context
These are compensation awards to a non‑employee director and are typical for board service; they are not market purchases or sales and do not by themselves indicate insider buying/selling sentiment. Vesting schedules mean the shares are unvested until the stated dates or a qualifying event (e.g., change in control).