STEIN RONEN 4

4 · CERAGON NETWORKS LTD · Filed Mar 25, 2026

AI-generated summary of this filing

Updated Mar 25, 2026

Ceragon (CRNT) CFO Ronen Stein Receives Equity Award

What Happened

Ronen Stein, Chief Financial Officer of Ceragon Networks Ltd. (CRNT), received equity awards on 2026-03-23 consisting of 17,417 restricted stock units (RSUs) and 34,833 derivative awards (options). Both grants were issued at $0.00 (typical for compensation awards). The awards represent a potential 52,250 ordinary shares upon vesting/exercise.
These are grants (compensation), not purchases or sales, so they do not represent an immediate cash investment or disposition by the insider.

Key Details

Transaction date: 2026-03-23; filing date: 2026-03-25 (filed within the usual 2-business-day window).
Price: $0.00 for both the RSUs and the derivative award.
Vesting (footnotes):
- RSUs: 17,417 RSUs vest 25% per year in four equal annual installments beginning 03/23/2027, subject to continued service.
- Options: 34,833 options vest 25% on 03/23/2027, then the remaining 75% vest in twelve equal quarterly installments over the following three years, subject to continued service.
Shares owned after the transaction: not specified in the summary provided—see the original Form 4 for total holdings.
No 10b5-1 plan, tax-withholding sale, or cashless exercise is indicated in the disclosed footnotes.

Context

These awards are standard executive compensation designed to retain and incentivize the CFO; they vest over several years and do not reflect an immediate market buy or sell. For retail investors, grants signal potential future dilution as shares vest, but they are routine and contingent on continued employment rather than an immediate endorsement or rejection of the stock.

Form 4

Period: 2026-03-23

Chief Financial Officer

Transactions

Award
Ordinary Shares
[F1]
2026-03-23+17,417→ 87,524 total
Award
Stock Option (Right to Buy)
[F2]
2026-03-23+34,833→ 34,833 total
Exercise: $2.28From: 2027-03-23Exp: 2032-03-23→ Ordinary Shares (34,833 underlying)

Footnotes (2)

[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 vest in four equal annual installments (25% per year) commencing on 03/23/2027 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
[F2]The Options vest 25% on the first anniversary of the grant date (03/23/2027) and the remaining 75% vest in twelve equal quarterly installments over a three-year period commencing on 3/23/2027, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date

Signature

Ronen Stein by: Oppenheimer Israel, as Attorney-in-fact|2026-03-25

1 file