Revach Moshe 4
Research Summary
AI-generated summary
ParaZero (PRZO) Director Revach Moshe Sells 15,731 Shares
What Happened
- Revach Moshe, a director of ParaZero Technologies Ltd. (PRZO), reported an open-market sale of 15,731 shares on May 29, 2026. The shares were sold at $0.94 each for gross proceeds of approximately $14,740. This was a sale (code S) rather than a purchase.
Key Details
- Transaction date: 2026-05-29; sale price: $0.94 per share; total proceeds ≈ $14,740.
- Filing date / timeliness: Form 4 filed 2026-06-02 — within the 2-business-day reporting window (timely).
- Reported beneficial ownership after the transaction: 67,236 securities, consisting of 6,438 ordinary shares and 60,798 restricted share units (RSUs) (see footnote).
- Footnote highlights:
- 15,731 RSUs vest in 3 equal quarterly installments starting Aug 19, 2026 (subject to continued service).
- 45,067 RSUs vest in 7 equal quarterly installments starting Sep 1, 2026 (subject to continued service).
- Transaction code: S (sale). No 10b5-1 plan, tax-withholding, or late-filing indication was reported.
Context
- This disclosure documents a sale by a director; sales are often routine and do not, by themselves, prove a change in insider sentiment. The filing notes substantial remaining RSUs that are subject to future vesting schedules.