Alon Haggai 4
4 · SMX (Security Matters) Public Ltd Co · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
Security Matters (SMX) 10% Owner Alon Haggai Receives Award
What Happened
Alon Haggai, a disclosed 10% owner of Security Matters Public Ltd Co (SMX / SMXWW), was awarded 2,000,000 restricted stock units (RSUs) on 2026-04-24. The award is reported at $0.00 per unit (no cash paid). The RSUs convert into ordinary shares according to the vesting schedule below.
Key Details
- Transaction date and type: 2026-04-24 — Award/Grant (code A).
- Quantity and price: 2,000,000 RSUs @ $0.00 (no cash exchanged at grant).
- Vesting/settlement (footnote): 50% vest on January 31, 2027; the remaining 50% vest on January 31, 2028.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Reported same day as the transaction date (period of report 2026-04-24), indicating a timely Form 4 filing.
- Insider status: Alon Haggai is reported as a 10% owner.
Context
RSUs are a contingent right to receive ordinary shares upon vesting; they are generally compensation or retention awards rather than open‑market purchases. These units do not represent immediately tradable shares until they settle under the stated vesting schedule. For retail investors, awards are informational about insider compensation and potential future dilution if and when the RSUs convert into shares.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-04-24+2,000,000→ 2,224,501 total
Footnotes (1)
- [F1]Represents restricted stock units, each of which represents a contingent right to receive one ordinary share of Issuer. The restricted stock units settle into ordinary shares of the Issuer based upon the following schedule: 50% shall vest on January 31, 2027; and 50% shall vest on January 31, 2028.