SCHEDULE: REE Automotive Ltd. Shareholder Filing Update

REE Automotive Ltd. reports an increase in beneficial ownership by shareholder Ahishay Sardes, now holding 6.14% of Class A Ordinary Shares and significant voting power.

Summary

• This filing is an amendment to a previous Schedule 13D, reporting an increase in the beneficial ownership of Class A Ordinary Shares by Ahishay Sardes.
• The reporting person, Ahishay Sardes, now beneficially owns 1,906,416 Class A Ordinary Shares, representing 6.14% of the total outstanding Class A Ordinary Shares as of May 5, 2026.
• This ownership includes 1,390,287 Class A Ordinary Shares issuable upon exercise of vested options and 516,129 Class A Ordinary Shares issuable upon vesting of restricted stock units (RSUs) within 60 days of May 15, 2026.
• Additionally, Sardes holds 1,390,287 Class B Ordinary Shares, which constitute 50% of the outstanding Class B Ordinary Shares.
• Combined, Sardes' holdings represent approximately 26.9% of the Issuer's outstanding voting power as of May 5, 2026.
• The increase is due to the vesting of equity awards and RSUs.
• The filing corrects the original event date from December 11, 2025, to January 22, 2026, due to technical aspects of grant approvals.
• The reporting person has no current plans for further actions regarding the Issuer's securities but reserves the right to change intentions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily an update on existing shareholdings and a correction of prior information, without new strategic initiatives or financial performance indicators.

Positives

• Increased beneficial ownership by a key shareholder, indicating continued investment and confidence.
• Significant voting power (26.9%) held by Ahishay Sardes, potentially influencing corporate decisions.
• Clarity provided on the composition of shareholdings, including options and RSUs.
• Correction of previous filing dates to ensure accuracy.

Negatives

• The filing does not contain any negative financial results or operational issues.
• The increase in shareholding is due to vesting of awards, not necessarily new capital investment.

Risks

• The reporting person reserves the right to change plans and intentions at any time, which could lead to future changes in investment strategy or influence.
• Concentration of voting power could lead to potential conflicts or influence over strategic decisions.

Future Outlook

The reporting person reserves the right to change their plans and intentions at any time regarding their investment in the Issuer.

Management Comments

• "For the avoidance of doubt, this Amendment is being made voluntarily for informational purposes and should not be construed as constituting a 'material change' with respect to the Original 13D."
• "The Reporting Person reserves the right to change his plans and intentions at any time and to take any actions he may deem appropriate with respect to his investment in the Issuer."

Industry Context

StockSavvy.ai notes that Schedule 13D filings are crucial for tracking significant changes in beneficial ownership, often indicating shifts in investor sentiment or strategic intentions within the automotive technology sector, particularly for companies like REE Automotive Ltd. focusing on electric vehicle platforms.

Stakeholder Impact

• Shareholders: Increased concentration of voting power by one individual may influence future corporate decisions and strategic direction.
• Management: May face increased scrutiny or influence from a significant shareholder with substantial voting rights.
• Creditors/Suppliers: Stability of the company's strategic direction, influenced by major shareholders, can impact long-term relationships.

Next Steps

• The reporting person may continue to acquire or dispose of securities of the Issuer.
• The reporting person may propose or support changes in the Issuer's business or corporate structure.

Key Dates

Keywords

Schedule 13D, REE Automotive Ltd., Beneficial Ownership, Class A Ordinary Shares, Class B Ordinary Shares, Voting Power, Equity Awards, Restricted Stock Units, Options, SEC Filing, Amendment