4Filed Aug 16, 8:00 PM ET
Camtek (CAMT) Director Andorn Karni Yarl Exercises Options, Sells Shares
$CAMT · CAMTEK LTDResearch Summary
AI-generated summary of this SEC filing
Camtek (CAMT) Director Andorn Karni Yarl Exercises Options, Sells Shares
What Happened
- Director Andorn Karni Yarl exercised stock options to acquire 4,056 Camtek shares (880 shares at $63.51 and 3,176 shares at $22.63; total exercise cost $127,762) and sold a total of 5,532 shares in open-market transactions on Aug 13–14, 2026.
- Sales proceeded at weighted-average prices: 880 shares at $172.74 ($152,014), 1,476 shares at $172.12 ($254,052), and 3,176 shares at $164.40 ($522,134), for total gross proceeds of approximately $928,200.
- Per the filing footnotes, the options exercised were sold the same day (cashless-style disposition) for the exercised blocks; the 1,476-share sale appears to be from previously held shares.
Key Details
- Transaction dates: Aug 13–14, 2026. Filing date (Form 4): Aug 17, 2026 (within the two-business-day window).
- Exercises (acquisitions): 880 @ $63.51; 3,176 @ $22.63. Total exercise cash paid ≈ $127,762.
- Sales (dispositions): 880 @ $172.74; 1,476 @ $172.12 (weighted average; range $172.1094–$172.1571); 3,176 @ $164.40. Total proceeds ≈ $928,200.
- Footnotes: F1 = shares acquired via option exercises; F2 = weighted-average price reported for one sale with per-share price range; F3 = options exercised and underlying shares sold the same date.
- Shares owned after the transactions are not specified in the provided excerpt of the filing.
Context
- This was an exercise of stock options followed by same-day sales for the exercised blocks — effectively a cashless exercise for those options. That pattern is common for option holders monetizing vested awards and does not by itself indicate a change in long-term view.
- The filing is informational; it reports insider activity but does not state the insider’s reasons.