ELTEK LTD director Dovev Gad exercised Options for 589 shares at $5.89 and sold 852 shares at $8.52 on 2026-09-22. Investors can see the resulting ownership split: 0 shares after the sale and 29,400 derivative securities after a separate 100-security exercise.
Key Highlights
- Transaction code M identifies Gad’s option exercises, while code S identifies the share sale.
- Gad’s 852-share disposal represented about 100.0% of his prior total of 852 shares.
- A separate exercise involving 100 derivative securities represented about 0.3% of his prior total of 29,500 derivative securities.
ELTEK LTD (NASDAQ: ELTK) is an electronic components company. Dovev Gad exercised options covering 589 ELTEK LTD shares at $5.89 each on 22 September 2026, while a separate transaction involved selling 852 shares at $8.52 each. The records identify Gad as a director.
Option Exercise and Share Sale Details
The 589-share transaction was an option exercise. Gad’s reported ownership after that exercise was 100 shares. The separate disposal reduced his reported share ownership to 0 shares. Another option exercise covered 100 derivative securities, leaving Gad with 29,400 derivative securities. The transaction codes classify the activity. Code M denotes an option exercise, while code S denotes a sale. Both option exercises occurred on 22 September 2026, alongside the disposal of 852 ELTEK LTD shares.
Reported Ownership After the Transactions
The 852-share disposal matched about 100.0% of Gad’s previous total of 852 shares. The 100 derivative securities involved in the separate exercise equaled about 0.3% of his prior total of 29,500 derivative securities. ELTEK LTD’s reported figures show 0 shares after the disposal and 29,400 derivative securities following the exercise.
FAQs
Q: What price did Dovev Gad pay for ELTEK LTD shares?
A: Dovev Gad exercised options for 589 ELTEK LTD shares at $5.89 per share. The transaction occurred on 22 September 2026.
Q: How many ELTEK LTD shares did Dovev Gad sell?
A: Gad sold 852 ELTEK LTD shares at $8.52 per share. His reported ownership after that transaction was 0 shares.
Q: What do transaction codes M and S mean in the ELTEK LTD transactions?
A: Code M identifies an option exercise, while code S identifies a sale. The records use M for the option exercises and S for the share disposal.
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