Weiss Omer 4
Research Summary
AI-generated summary
Alarum (ALAR) Legal Counsel Weiss Omer Receives Award
What Happened
- Weiss Omer, Legal Counsel at Alarum Technologies Ltd. (ticker: ALAR), was granted 100,008 restricted share units (RSUs) on May 27, 2026. The Form 4 reports this as an award (transaction code A); no purchase price is applicable. The grant represents the right to receive one ordinary share per RSU upon vesting, so the current market value depends on ALAR’s share price at vesting or conversion.
Key Details
- Transaction date: May 27, 2026; Form 4 filed May 28, 2026 (timely filing).
- Price: N/A (RSU award, not a cash purchase or sale).
- Shares owned after the transaction: not reported in the filing.
- Footnote on vesting: 16,668 RSUs vest on Jan 19, 2027; the remaining RSUs vest in 10 equal quarterly installments of 8,334 RSUs through July 19, 2029. Each RSU equals one ordinary share, no par value.
- No indication in the filing of a 10b5‑1 plan, immediate sale (cashless exercise), or tax withholding arrangement tied to this grant.
Context
- RSU grants are a form of compensation and typically vest over time, aligning employee incentives with long‑term performance. They are not the same as an outright purchase (they do not by themselves signal a personal cash investment) nor a sale. Vesting may be subject to continued employment and could be forfeited if the grantee leaves before vesting.