Mobileye Global Inc. filed an amended current report on Form 8-K/A on October 29, 2026, disclosing updated compensation arrangements for Nimrod Nehushtan following his September 3, 2026 transition from Executive Vice President Business Development and Strategy to a part-time corporate strategy role.

Key Highlights

  • Reduced scope: Nehushtan's employment scope will be reduced to 20% of a full-time position, effective November 1, 2026, according to the filing.
  • New title: His title will become Executive Vice President Corporate Strategy, the filing states.
  • Monthly pay: Nehushtan's monthly compensation will be NIS 50,000 under the employment amendment.
  • RSU acceleration provision: Unvested restricted stock units scheduled to vest on or before July 10, 2027 will accelerate upon a termination without Cause before that date, provided he executes a qualifying release of claims.
  • RSU grants covered: The RSU amendment applies to awards granted on July 10, 2024, July 10, 2025, and July 10, 2026.
  • Amendment date: Both the employment amendment and the RSU amendment were entered into on October 28, 2026, with an effective date of November 1, 2026.

Nehushtan Compensation Terms After Role Transition at Mobileye

Mobileye Global Inc. (NASDAQ:MBLY) filed this 8-K/A to amend its original Form 8-K filed on September 10, 2026, which had reported that Nimrod Nehushtan transitioned from his role as Executive Vice President Business Development and Strategy to a part-time position focused on corporate strategy, effective September 3, 2026. At the time of the original filing, the company disclosed that his compensation arrangements had not yet been modified. This amendment reports the compensation changes now finalized under Item 5.02(e).

According to the filing, on October 28, 2026, Mobileye Vision Technologies Ltd, a subsidiary of the company, and Nehushtan entered into an employment amendment effective November 1, 2026. Under the terms disclosed, his scope of employment is reduced to 20% of a full-time position, his title changes to Executive Vice President Corporate Strategy, and his monthly compensation is set at NIS 50,000. The filing further states that certain employment-related benefits and entitlements will be adjusted to reflect the reduced scope, and that the company will continue to make pension, severance, and other applicable benefit contributions based on his adjusted compensation.

The company and Nehushtan also entered into a separate RSU amendment on October 28, 2026, also effective November 1, 2026, covering restricted stock unit agreements from grants dated July 10, 2024, July 10, 2025, and July 10, 2026. The filing states that if the company or a subsidiary terminates Nehushtan's employment without Cause before July 10, 2027, and he executes a release of claims meeting the specified requirements, any unvested restricted stock units scheduled to vest on or before July 10, 2027 will accelerate and vest as of the termination date. The filing notes that the descriptions of the amendments are qualified by reference to the full text of the agreements filed as Exhibits 10.1 and 10.2.

What Was Disclosed

Mobileye Global Inc. disclosed amended employment and RSU agreement terms for Nimrod Nehushtan, reducing his role to 20% of full time at NIS 50,000 per month and adding an RSU acceleration provision for certain terminations without Cause before July 10, 2027.