SCHEDULE: Phoenix Financial Boosts Stake in TAT Technologies to 7.33%

Phoenix Financial Ltd. has disclosed an increased beneficial ownership of 7.33% in TAT Technologies Ltd., holding 949,437.67 ordinary shares as of December 31, 2025.

Summary

• Phoenix Financial Ltd. reported beneficial ownership of 949,437.67 ordinary shares of TAT Technologies Ltd.
• This represents 7.33% of TAT Technologies Ltd.'s total ordinary shares outstanding.
• The ownership is held through various direct or indirect subsidiaries of Phoenix Financial Ltd., including The Phoenix Investments House trust funds (3.00%), Partnership for Israeli shares (4.03%), and Partnership for investing in shares indexes (0.29%).
• The percentage of class is based on 12,950,637 ordinary shares outstanding as of January 1, 2026, as reported on Bloomberg LP.
• Phoenix Financial Ltd. and its subsidiaries disclaim the existence of a group for Section 13(d) purposes and any beneficial ownership in excess of their actual pecuniary interest.

Sentiment

Score: 6

Explanation: The disclosure of a significant institutional stake (7.33%) by Phoenix Financial Ltd. is generally a neutral to slightly positive signal, as it indicates an institutional investor's confidence in holding the shares. However, it is a routine disclosure and does not provide new operational or financial performance information about TAT Technologies Ltd.

Positives

• A significant institutional investor, Phoenix Financial Ltd., maintains a substantial stake (7.33%) in TAT Technologies Ltd., indicating continued interest.
• The diversified nature of the ownership across various Phoenix Group entities (trust funds, partnerships) suggests a strategic, long-term investment approach.

Negatives

• The filing itself does not present any negative information regarding TAT Technologies Ltd.'s operational performance or financial outlook, as it is purely an ownership disclosure.

Risks

• Phoenix Financial Ltd. disclaims the existence of a 'group' for purposes of Section 13(d) of the Securities Exchange Act of 1934, which could imply potential future changes in how these entities might act in concert.
• The ownership rights held by Phoenix Group companies in the 'Partnership for Israeli shares' and 'Partnership for investing in shares indexes' change frequently according to a mechanism provided in the partnership agreement, which could lead to fluctuations in the reported beneficial ownership.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding TAT Technologies Ltd.'s future performance or Phoenix Financial Ltd.'s future investment intentions beyond the current stake.

Management Comments

• Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions.
• Neither the filing of this Schedule 13G nor any of its contents shall be deemed to constitute an admission by either the Filing Persons or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each reporting person disclaims the existence of any such group.
• Each of the Filing Persons and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest therein.
• This Statement shall not be construed as an admission by the Filing Persons or Subsidiaries that they are the beneficial owners of any of the Ordinary Shares covered by this Statement.
• I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This filing indicates a significant institutional investment in TAT Technologies Ltd., an Israeli company. Such disclosures are common in the financial industry, reflecting portfolio adjustments or long-term strategic holdings by large investment firms like Phoenix Financial Ltd. It highlights the continued interest of major financial institutions in specific companies within the global market.

Corporate Governance

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor holding a 7.33% stake may provide a degree of confidence or stability, as it signals a major player's continued interest in the company.
• Management: The certification that the stake is not for influencing control (beyond nominations) suggests that TAT Technologies Ltd.'s current management can continue its strategic direction without immediate pressure from this specific shareholder for control changes.

Key Dates

Keywords

TAT Technologies Ltd, Phoenix Financial Ltd, Schedule 13G, Beneficial Ownership, Institutional Investor, Ordinary Shares, Equity Stake, SEC Filing, Investment Management, Israel