Form 4 for TSEM TOWER SEMICONDUCTOR LTD
Accepted 2026-07-15 12:17:37 ET · period of report 2026-07-13 · accession 0001976408-26-000651 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2026-07-15 12:17 | 2026-07-13 | TSEM | Ellwanger Russell Craig | CEO | S - Sale | $215.02 | -67.0K | 708.3K | -9% | -$14.40M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2026-07-13 | S | D | 10,899 | $210.82 | 764,388 | D | — | — | (F1) 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. (F2) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $210.33 to $211.27. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 2 | Common | Ordinary Shares | 2026-07-13 | S | D | 17,173 | $211.95 | 747,215 | D | — | — | (F1) 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. (F3) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $211.37 to $212.36. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 3 | Common | Ordinary Shares | 2026-07-13 | S | D | 9,797 | $212.80 | 737,418 | D | — | — | (F1) 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. (F4) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $212.37 to $213.36. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 4 | Common | Ordinary Shares | 2026-07-13 | S | D | 9,878 | $213.83 | 727,540 | D | — | — | (F1) 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. (F5) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $213.39 to $214.22. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 5 | Common | Ordinary Shares | 2026-07-13 | S | D | 3,025 | $217.93 | 724,515 | D | — | — | (F1) 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. (F6) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $217.36 to $218.31. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 6 | Common | Ordinary Shares | 2026-07-13 | S | D | 2,118 | $219.01 | 722,397 | D | — | — | (F1) 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. (F7) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $218.38 to $219.21. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 7 | Common | Ordinary Shares | 2026-07-13 | S | D | 4,936 | $219.82 | 717,461 | D | — | — | (F1) 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. (F8) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $219.39 to $220.33. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 8 | Common | Ordinary Shares | 2026-07-13 | S | D | 4,772 | $220.88 | 712,689 | D | — | — | (F1) 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. (F9) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $220.40 to $221.16. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 9 | Common | Ordinary Shares | 2026-07-13 | S | D | 1,856 | $222.48 | 710,833 | D | — | — | (F1) 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. (F10) The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $222.28 to $222.62. 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |
| 10 | Common | Ordinary Shares | 2026-07-13 | S | D | 2,510 | $234.71 | 708,323 | D | — | — | (F1) 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. (F11) 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 3.025 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request |