Ben Zvi Gideon 4

What Happened Ben Zvi, now a director of Valens Semiconductor (VLN), reported dispositions on 2026-05-12 totaling 389,008 shares/award units that were forfeited to the issuer. The filings show five disposition entries: 179,606 shares (common), and four derivative-item forfeitures of 8,750, 20,859, 48,670, and 131,123 shares. All transactions were recorded at $0.00 per share, with total proceeds of $0 — these were forfeitures of unvested awards, not open-market sales.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-14 (timely filing).
• Reported amounts forfeited: 179,606; 8,750 (derivative); 20,859 (derivative); 48,670 (derivative); 131,123 (derivative) — total 389,008 shares/units.
• Price and proceeds: $0.00 per share; total consideration $0 (forfeited without consideration).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 — forfeiture of unvested restricted stock units due to change in role from officer to director; F2 — forfeiture of unvested stock options upon cessation of officer service. Both forfeitures occurred pursuant to award agreements and without consideration.
• Transaction type: Disposition to issuer (forfeiture of unvested awards), not a market sale.

Context These entries reflect cancellation/forfeiture of unvested RSUs and unvested options tied to a change in Mr. Ben Zvi’s role (from officer to director) and cessation of officer service. For retail investors: forfeitures of unvested awards are administrative/contractual outcomes and do not represent cash sales or direct indications of the insider buying or selling stock on the open market.