New Insider Sooet Jaacob Files Initial Ownership in Ituran Location & Control
| Field | Detail |
|---|---|
| Company | Sooet Jaacob |
| Form Type | 3 |
| Filed Date | Mar 25, 2026 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, form-3, initial-statement, corporate-governance
TL;DR
**New insider Sooet Jaacob just reported their initial stake in Ituran Location & Control.**
AI Summary
Sooet Jaacob, a new insider at Ituran Location & Control Ltd. (Issuer CIK: 0001337117), filed a Form 3 on March 25, 2026, indicating their initial beneficial ownership of securities as of March 18, 2026. This filing, required for new officers, directors, or 10% shareholders, establishes Jaacob's baseline holdings. For investors, this matters because it signals a new key player's stake in the company, which can influence future decisions and potentially align their interests with shareholders.
Why It Matters
This filing introduces a new significant individual to Ituran Location & Control Ltd.'s ownership structure, providing transparency into their initial stake in the company.
Risk Assessment
Risk Level: low — A Form 3 filing is a routine disclosure of initial ownership and does not inherently indicate a high risk.
Analyst Insight
Investors should note the addition of Sooet Jaacob as an insider and monitor future Form 4 filings for any changes in their ownership, which could signal their confidence or lack thereof in Ituran Location & Control Ltd.'s prospects.
Key Players & Entities
- Sooet Jaacob (person) — Reporting Person
- Ituran Location & Control Ltd. (company) — Issuer
- 0002120392 (person) — Sooet Jaacob's CIK
- 0001337117 (company) — Ituran Location & Control Ltd.'s CIK
FAQ
What is the purpose of a Form 3 filing?
A Form 3, as filed by Sooet Jaacob, is an 'Initial statement of beneficial ownership of securities' required when an individual becomes an officer, director, or beneficial owner of more than 10% of a class of a company's equity securities.
Who is the reporting person in this filing?
The reporting person in this filing is Sooet Jaacob, identified by CIK 0002120392.
Which company is the issuer of the securities mentioned in this filing?
The issuer of the securities is Ituran Location & Control Ltd., identified by CIK 0001337117.
When was this Form 3 filing accepted by the SEC?
This Form 3 filing was accepted by the SEC on 2026-03-25 at 06:30:42.
What is the business address of Ituran Location & Control Ltd.?
The business address of Ituran Location & Control Ltd. is HASHIKMA 3 ST AZOR Israel 5800182.
Filing Stats: 414 words · 2 min read · ~1 pages · Grade level 9.1 · Accepted 2026-03-25 06:30:42
Filing Documents
- zk2634922.html (3)
- zk2634922.xml (3) — 2KB
- ex24.htm (EX-24) — 10KB
- 0001178913-26-001654.txt ( ) — 13KB
From the Filing
SEC FORM 3 SEC Form 3 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 OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5 1. Name and Address of Reporting Person * Sooet Jaacob (Last) (First) (Middle) HASHIKMA 3 ST (Street) AZOR 5800182 (City) (State) (Zip) ISRAEL (Country) 2. Date of Event Requiring Statement (Month/Day/Year) 03/18/2026 3. Issuer Name and Ticker or Trading Symbol Ituran Location & Control Ltd. [ ITRN ] 3a. Foreign Trading Symbol [ ITRN ] 5. If Amendment, Date of Original Filed (Month/Day/Year) 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP Sites 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 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) 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 Explanation of Responses: Remarks: [Exhibit 24 - Power of Attorney.] No securities are beneficially owned. /s/ Matan Omer - 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)