CEO Haggai Alon Reports 16.24% Stake in SMX (Security Matters) via RSU Settlements

Haggai Alon, the Chairman and Chief Executive Officer of SMX (Security Matters) Public Limited Company, filed a Schedule 13D reporting the acquisition of 224,501 Ordinary Shares. These shares were acquired through the settlement of restricted stock units (RSUs) granted under the Company's 2022 Incentive Equity Plan for compensatory purposes. The RSUs vested and settled between February 24, 2025, and November 20, 2025. As of the event date of November 20, 2025, Mr. Alon's holdings represented approximately 16.24% of the 1,382,773 outstanding Ordinary Shares. The filing also notes that as of April 23, 2026, due to changes in the total shares outstanding, this holding represents approximately 3.08% of the class. Additionally, Mr. Alon holds 2,000,000 unvested RSUs that are not included in the current beneficial ownership total as they do not vest within sixty days. The reporting person has sole voting and dispositive power over the 224,501 shares and currently has no plans for major corporate changes or transactions involving the issuer.