Ellwanger Russell Craig sold TSEM
August 11, 2026 · Form 4 insider transaction
Ellwanger Russell Craig sold 3,331 shares of Tower Semiconductor Ltd. at $250.90 per share, a transaction worth $835.7K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
The sales reported in this Form 4 relate to restricted stock units, each of which represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd. (the "Company"), that the Reporting Person was granted more than 3 years ago, hence all has become fully vested; the sale was effected pursuant to a pre-arranged, pre-scheduled order instruction established by the Reporting Person on March 12, 2026, when the reporting Person was not in possession of material non-public information.; The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $250.45 to $251.38. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request