Ben Moshe Sagi 4
4 · TOWER SEMICONDUCTOR LTD · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Tower Semiconductor (TSEM) Director Ben Moshe Sagi Receives RSU Award
What Happened
- Ben Moshe Sagi, a director of Tower Semiconductor Ltd. (TSEM), was granted 814 restricted stock units (RSUs) on 2026-07-02. The grant is reported as an award/acquisition (code A) at $0.00 per unit — RSUs are a contingent right to receive one ordinary share upon vesting.
Key Details
- Transaction date: 2026-07-02; Form 4 filed: 2026-07-06.
- Grant: 814 RSUs total at $0.00 per unit (no cash exchanged).
- Vesting schedule (from footnote): 407 RSUs vest on 07/02/2027 and 407 RSUs vest on 07/02/2028, subject to continued service.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Transaction code: A = Award/Grant.
- Filing timeliness: Report filed 07/06/2026 for a 07/02/2026 grant; filing appears timely.
Context
- RSU grants are a common form of equity compensation and indicate future potential share issuance if vesting conditions are met; they are not the same as an open-market purchase or sale and do not, by themselves, signal the insider is buying or selling stock.
Insider Transaction Report
Form 4
Ben Moshe Sagi
Director
Transactions
- Award
Ordinary Shares
[F1]2026-07-02+814→ 9,916 total
Footnotes (1)
- [F1]The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd. (the "Company"). 407 will vest on 07/02/2027, and additional 407 will vest on 07/02/2028 , subject to the Reporting Persons continued service through each vesting date.
Signature
/s/ Yohanan Azriel on behalf of Oppenheimer Israel, as Attorney-in-fact|2026-07-06