WADSWORTH ROBERT M 4
4 · CERAGON NETWORKS LTD · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Ceragon (CRNT) Director Robert Wadsworth Receives Awards & Options
What Happened
Robert M. Wadsworth, a director of Ceragon Networks Ltd. (CRNT), was granted and received equity awards in two batches on May 22 and May 23, 2026. He received 6,530 RSU-settled shares on 05/22/2026 and 14,100 RSU-settled shares on 05/23/2026 (total 20,630 ordinary shares), each reported at $0.00 (no cash paid). He was also granted stock options covering 13,050 shares (05/22/2026) and 28,200 shares (05/23/2026) — 41,250 options in total — reported as derivative instruments that were fully vested and immediately exercisable on grant.
Key Details
- Transaction dates: 2026-05-22 (6,530 RSU shares settled; 13,050 options granted) and 2026-05-23 (14,100 RSU shares settled; 28,200 options granted). Reported acquisition price for all items: $0.00.
- Shares acquired via RSU settlement: 20,630 ordinary shares issued/settled. Options granted (derivative): 41,250 stock options, fully vested and immediately exercisable on grant.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1–F2 confirm RSUs were fully vested and automatically settled into shares on the grant dates; F3–F4 confirm the stock options were granted fully vested and immediately exercisable.
- Filing: Form 4 filed 2026-05-26 (covers transactions on 05/22–05/23); filing appears timely (within the SEC two-business-day reporting window given the holiday/calendar).
Context
RSU settlements are compensation that convert into shares (no open-market purchase or sale). The stock options are rights to buy shares in the future and were granted already vested and exercisable — the filing does not show any exercise or sale of those options. Such awards are routine for executives/directors as compensation and do not, by themselves, indicate buying or selling sentiment.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-05-22+6,530→ 36,910 total - Award
Ordinary Shares
[F2]2026-05-23+14,100→ 51,010 total - Award
Stock Option (Right to Buy)
[F3]2026-05-22+13,050→ 13,050 totalExercise: $2.78From: 2026-05-22Exp: 2032-05-22→ Ordinary Shares (13,050 underlying) - Award
Stock Option (Right to Buy)
[F4]2026-05-23+28,200→ 28,200 totalExercise: $2.93From: 2026-05-23Exp: 2032-05-23→ Ordinary Shares (28,200 underlying)
Footnotes (4)
- [F1]The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Ceragon Networks Ltd. (the "Company"). The RSUs were fully vested upon grant and were automatically settled in ordinary shares on the grant date 05/22/2026.
- [F2]The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Ceragon Networks Ltd. (the "Company"). The RSUs were fully vested upon grant and were automatically settled in ordinary shares on the grant date 05/23/2026.
- [F3]The Reporting Person was granted stock options to purchase ordinary shares of Ceragon Networks Ltd. (the "Company"). The options were fully vested and immediately exercisable on the grant date 05/22/2026
- [F4]The Reporting Person was granted stock options to purchase ordinary shares of Ceragon Networks Ltd. (the "Company"). The options were fully vested and immediately exercisable on the grant date 05/23/2026