Daniel Barel Increases Stake in REE Automotive Ltd. to 7.2% via Equity Vesting

Daniel Barel, a reporting person for REE Automotive Ltd., filed a Schedule 13D/A on May 15, 2026, to report an increase in beneficial ownership. As of the event date of May 1, 2026, Barel beneficially owns 2,251,335 Class A Ordinary Shares, representing 7.2% of the class. This holding includes 1,390,287 shares issuable upon the exercise of vested options, 860,215 shares from restricted share units (RSUs) vesting within 60 days, and 833 direct Class A shares. The filing notes that the increase is primarily due to the quarterly vesting of equity awards, specifically an additional 430,107 RSUs. Furthermore, Barel holds 1,390,287 Class B Ordinary Shares (50% of the class), which carry ten votes per share. When combining both Class A and Class B holdings, Barel controls approximately 27.3% of the total voting power of the Issuer. The amendment also corrected the event date of the original 13D filing to January 22, 2026, citing technical delays in the authorization of capital for the initial grants.