Innoviz (INVZ) COO Luski Ido Receives RSU and Option Awards

What Happened Luski Ido, Chief Operating Officer of Innoviz Technologies Ltd. (INVZ), received equity awards on August 4, 2026: 64,688 Restricted Share Units (RSUs) and 69,296 derivative awards (share options/derivative securities). Both awards were granted at $0.00 (no cash paid). The RSUs and options vest over time (one‑quarter after one year, then quarterly through 2030) and are contingent on Luski remaining a service provider on each vesting date.

Key Details

• Transaction date: August 4, 2026; Form 4 filed August 5, 2026 (timely filing).
• Awards: 64,688 RSUs (grant) and 69,296 derivative awards (grant); acquisition code A.
• Price/consideration: $0.00 (no cash paid by the insider).
• Vesting: One-fourth vests on August 4, 2027, remainder vests quarterly through 2030; subject to continued service.
• Post‑transaction holdings noted in filing: 230,260 ordinary shares issuable upon vesting of outstanding RSUs (this total includes the newly granted 64,688 RSUs).
• Footnotes: RSUs represent a contingent right to receive one ordinary share upon vesting; similar vesting schedule applies to the derivative awards/options.

Context

• RSUs are deferred compensation that convert to ordinary shares only if vesting conditions are met; there is no immediate share sale or cash exercise required.
• These grants are typical of executive compensation and do not, by themselves, indicate buying or selling sentiment.
• No market value or immediate proceeds are reported in the filing (award amounts are reported at $0 consideration).