DUKE Robotics Appoints New CFO Avi Levin Effective Oct 1, 2026

What Happened

• DUKE Robotics Corp. (NASDAQ: DUKR) announced in an 8-K that its Board approved the appointment of Avi Levin as Chief Financial Officer, effective October 1, 2026. Mr. Levin will replace current CFO Shlomo Zakai upon his start date.
• The company entered into a Personal Employment Agreement with Mr. Levin on September 15, 2026; his employment begins October 1, 2026. A press release announcing the appointment was furnished as Exhibit 99.1 to the 8-K.

Key Details

• Compensation: gross monthly base salary of NIS 52,250 ($17,227) and a gross monthly expense allowance of NIS 2,500 ($824).
• Bonus & benefits: eligible for an annual performance bonus up to eight monthly salaries (board discretion); company will contribute to severance, pension and study fund; subject to standard confidentiality/IP assignment and non-compete provisions.
• Stock award: Board approved future grant of options to purchase up to 35,000 shares under the 2021 Equity Incentive Plan; options will have a 6-year term, vest over 3 years (33.33% at 1 year, then quarterly over 24 months), exercise price = average closing price for the 30 trading days before grant.
• Employment terms: either party may terminate with 1 month’s written notice during the first 6 months, and 2 months’ notice thereafter. No family relationships or related-party transactions reported.

Why It Matters

• Leadership change in the finance function can affect investor confidence, financial strategy and reporting continuity. The filing provides concrete details on Mr. Levin’s pay, incentive structure and equity alignment with shareholders. Investors should note the option award size and vesting schedule, plus the discretionary bonus potential, when assessing management incentives and potential dilution. The formal employment agreement and press release are filed as exhibits to the 8-K for further review.