WADSWORTH ROBERT M 4
Research Summary
AI-generated summary
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.