New Insider Zimel Matan Files Form 3 for Ituran Location & Control
| Field | Detail |
|---|---|
| Company | Zimel Matan |
| 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 Zimel Matan just reported initial ownership in Ituran Location & Control, signaling a fresh stake.**
AI Summary
Zimel Matan, a new insider at Ituran Location & Control Ltd. (CIK: 0001337117), filed a Form 3 on March 25, 2026, indicating their initial beneficial ownership of securities as of March 18, 2026. This filing is crucial for investors because it signals a new key individual's stake in the company, potentially aligning their interests with shareholders and offering insights into future company direction or stability.
Why It Matters
This filing introduces a new significant individual to Ituran Location & Control Ltd.'s ownership structure, which can influence investor confidence and future strategic decisions.
Risk Assessment
Risk Level: low — A Form 3 filing is a routine disclosure of initial beneficial ownership and does not inherently indicate significant risk.
Analyst Insight
Investors should monitor future filings from Zimel Matan (Form 4s) to track any changes in their ownership, as these can signal confidence or concerns about Ituran Location & Control Ltd.'s prospects.
Key Players & Entities
- Zimel Matan (person) — Reporting Person
- Ituran Location & Control Ltd. (company) — Issuer
- 0002120391 (dollar_amount) — CIK of Zimel Matan
- 0001337117 (dollar_amount) — CIK of Ituran Location & Control Ltd.
Forward-Looking Statements
- Zimel Matan will likely file a Form 4 in the future to report changes in their beneficial ownership. (Zimel Matan) — high confidence, target: 2027-03-25
FAQ
What is the purpose of a Form 3 filing, as filed by Zimel Matan?
A Form 3, as filed by Zimel Matan, is an 'Initial statement of beneficial ownership of securities,' which means it's used to declare that an individual has become an insider (officer, director, or 10%+ shareholder) and now beneficially owns securities in a company.
Who is the reporting person in this filing?
The reporting person in this filing is Zimel Matan, identified by CIK 0002120391.
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 March 25, 2026, at 06:37:10.
What is the business address listed for Ituran Location & Control Ltd. in this filing?
The business address listed for Ituran Location & Control Ltd. is HASHIKMA 3 ST AZOR Israel 5800182.
Filing Stats: 415 words · 2 min read · ~1 pages · Grade level 9.2 · Accepted 2026-03-25 06:37:10
Filing Documents
- zk2634926.html (3)
- zk2634926.xml (3) — 2KB
- ex24.htm (EX-24) — 10KB
- 0001178913-26-001662.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 * Zimel Matan (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 Costumer Service 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)