Avnit Shai 4

What Happened

• Avnit Shai, Chief Financial Officer of Alarum Technologies Ltd., was granted 150,000 restricted share units (RSUs) on May 27, 2026. The grant is reported as an award (transaction code A); no purchase price or immediate cash value is reported on the Form 4.
• These RSUs do not convert to ordinary shares immediately—each RSU represents the right to receive one ordinary share upon vesting.

Key Details

• Transaction date: May 27, 2026; Form 4 filed May 28, 2026 (appears timely).
• Transaction type/code: Award / Grant (A); price: N/A.
• Vesting: 25,000 RSUs vest on January 19, 2027; the remaining 125,000 RSUs vest in 10 equal quarterly installments of 12,500 RSUs through July 19, 2029 (footnote F1).
• Shares owned after transaction: not specified in the filing.
• Footnote: Each RSU equals one ordinary share, no par value; the award vests over time rather than delivering immediate shares.

Context

• RSU grants are a common form of executive compensation intended to retain executives; they are not the same as an open-market purchase and do not by themselves signal an immediate buy or sell in the market.
• Because these units vest over time, any future sales or holdings changes will be reported separately when vesting or disposition occurs.