Form 4 Filing for Makov Efrat

Makov Efrat, a director at CERAGON NETWORKS LTD, reported a series of transactions on June 12, 2026. Efrat acquired 5,000 ordinary shares valued at $1.99 per share, increasing their holdings to 63,950 shares. Concurrently, Efrat disposed of 5,000 ordinary shares at $2.9943 per share, resulting in 58,950 shares remaining. Additionally, Efrat exercised 5,000 stock options with a $0 price per share, with the underlying shares being sold on the same date. The options were acquired on September 8, 2023, and expire on September 7, 2029. The total post-transaction shares after exercising options are 11,666.