Actelis Networks CEO Tuvia Barlev Sells 13,801 Shares for Tax Withholding

2026-05-20SEC Filing 4 (0001213900-26-059555)

Actelis Networks Inc. CEO Tuvia Barlev filed a Form 4 reporting the sale of 13,801 shares of common stock at $0.0845 per share on May 18, 2026. The transaction was not discretionary but rather a mandatory "sell to cover" arrangement to satisfy tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs). Following the transaction, Barlev holds 74,244 shares, which includes 46,297 shares underlying RSUs that remain subject to forfeiture until they vest. The sale was executed to cover tax liabilities associated with RSU vesting as part of the company's compensation structure, not as a market-driven decision by the executive.