Chairman/CEO Haggai Alon receives 100K RSUs, lifting his stake to 18.5%

summarizeSummary

SMX Chairman and CEO Haggai Alon was granted 100,000 immediately vested RSUs, raising his stake to 18.5%. The shares are locked up until January 2027, preventing near-term sales.

check_boxKey Events · Ownership and Investor Activity · SMX

• CEO Granted 100K RSUs

  Under the 2022 Incentive Equity Plan, Chairman and CEO Haggai Alon received 100,000 restricted stock units, all of which vested immediately upon grant.

• Ownership Stake Rises to 18.5%

  Alon now beneficially owns 201,485 ordinary shares, representing 18.5% of the 1,088,608 shares outstanding as of July 23, 2026.

• Lock-Up Until January 2027

  Registration of the underlying shares is prohibited before January 22, 2027, preventing Alon from selling the newly acquired shares for at least six months.

• Equity Plan Capacity

  The 2022 Incentive Equity Plan authorizes up to 781,641 shares for grant, leaving room for further equity awards to officers, directors, and employees.

auto_awesomeAnalysis · SMX · Technology

A fresh disclosure reveals that SMX Chairman and CEO Haggai Alon was granted 100,000 restricted stock units that vested immediately, pushing his beneficial ownership to 201,485 shares, or 18.5% of the company. The RSUs carry a lock-up that bars registration of the underlying shares until January 22, 2027, meaning Alon cannot sell them for at least six months. While the grant aligns management's interests with shareholders, it also adds to the equity overhang at a time when the company is burning cash and relying on dilutive SEPA draws to stay afloat. This filing marks the first public disclosure of the grant, making it a fresh event.