| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
(Country) | 2. Date of Event Requiring Statement
(Month/Day/Year) 03/18/2026 | 3. Issuer Name and Ticker or Trading Symbol
Innoviz Technologies Ltd. [ INVZ ] | |||||||||||||||
| 3a. Foreign Trading Symbol
| 5. If Amendment, Date of Original Filed
(Month/Day/Year) | ||||||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
| 6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Ordinary Shares | 329,013(1)(2) | D | |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Share Option(3) | (3) | 06/26/2029 | Ordinary Shares | 41,911 | $0.5695 | D | |
| Share Option(3) | (3) | 11/04/2030 | Ordinary Shares | 31,607 | $1.139 | D | |
| Share Option(3) | (3) | 05/12/2028 | Ordinary Shares | 60,667 | $11.5 | D | |
| Share Option(3) | (3) | 05/12/2028 | Ordinary Shares | 10,560 | $9.92 | D | |
| Share Option(4) | (4) | 08/09/2029 | Ordinary Shares | 23,392 | $5.23 | D | |
| Share Option(5) | (5) | 08/01/2030 | Ordinary Shares | 29,312 | $4.03 | D | |
| Share Option(6) | (6) | 08/20/2031 | Ordinary Shares | 36,352 | $0.75 | D | |
| Share Option(7) | (7) | 08/05/2032 | Ordinary Shares | 51,792 | $1.61 | D | |
| Explanation of Responses: |
| 1. Includes 198,864 ordinary shares issuable upon vesting of restricted share units ("RSUs"); of which (a) 3,898 RSUs granted August 9, 2022, vesting in equal quarterly installments through 2026; (b) 12,456 RSUs granted August 1, 2023, vesting quarterly through 2027; (c) 11,576 RSUs granted February 27, 2024, with 2,608 vesting quarterly through 2027 and 8,968 vesting quarterly through 2028; (d) 21,210 RSUs granted August 20, 2024, vesting quarterly through 2028; (e) 14,556 RSUs granted February 25, 2025, vesting quarterly through 2029; (f) 88,336 RSUs granted August 5, 2025, one-fourth vesting on August 5, 2026, remainder vesting quarterly through 2029; and (g) 46,832 RSUs granted November 11, 2025, one-fourth vesting on November 11, 2026, remainder vesting quarterly through 2029. Vesting is subject to the Reporting Person remaining a service provider of the Issuer on each applicable vesting date. Each RSU represents a contingent right to receive one ordinary share. |
| 2. No exercise price is applicable. |
| 3. Immediately exercisable. |
| 4. Share options granted on August 9, 2022. Includes 20,468 vested options, and 2,924 unvested options, which shall vest in equal quarterly installments through 2026, subject to the Reporting Person remaining a service provider of the Issuer on each applicable vesting date. |
| 5. Share options granted on August 1, 2023. Includes 18,320 vested options, and 10,992 unvested options, which shall vest in equal quarterly installments through 2027, subject to the Reporting Person remaining a service provider of the Issuer on each applicable vesting date. |
| 6. Share options granted on August 20, 2024. Includes 13,632 vested options, and 22,720 unvested options, which shall vest in equal quarterly installments through 2028, subject to the Reporting Person remaining a service provider of the Issuer on each applicable vesting date. |
| 7. Share options granted on August 5, 2025. Includes no vested options, and 51,792 unvested options, with one-fourth of the options vesting on August 5, 2026, and the remaining shall vest in equal quarterly installments through 2029, subject to the Reporting Person remaining a service provider of the Issuer on each applicable vesting date. |
| Remarks: |
| [Exhibit 24 - Power of Attorney.] |
| /s/ Dafna Raz - Attorney-in-Fact | 03/18/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
| * Form 3: SEC 1473 (03-26) | ||