Alon Haggai 4

What Happened

• Alon Haggai, reported as a 10% owner of Security Matters Public Ltd Co (SMX / SMXWW), was granted 100,000 restricted stock units (RSUs) on 2026-07-23. The award price is listed as $0.00 (no cash paid) and the RSUs vested immediately upon grant. This is an award/grant transaction (not a purchase or sale).

Key Details

• Transaction date: 2026-07-23; Form 4 filed 2026-07-27 (timely — within the two-business-day filing window).
• Reported acquisition: 100,000 RSUs at $0.00 (code A — award/grant).
• Beneficial ownership after transaction: filing identifies Haggai as a 10% owner; the Form 4 notes beneficial ownership figures reflect prior reverse stock splits (see F2). Exact post-transaction share count not provided here — see the SEC filing for the full table.
• Footnotes:
  • F1: Each RSU represents a contingent right to receive one ordinary share; these RSUs vested immediately on the grant date.
  • F2: Beneficial ownership numbers take into account all reverse stock splits prior to the transaction.
• No 10b5-1, tax-withholding, or sale codes reported in this entry.

Context

• RSUs are a form of equity award: although the RSUs vested, the underlying ordinary shares are not registered for public trading until January 22, 2027, per the filing — meaning the shares will not be freely tradable until that registration date.
• As a 10% owner, this is a large insider stake; awards to large stakeholders can reflect compensation or retention arrangements and do not by themselves indicate a buy or sell signal.