Director Yoav Chelouche filed a Form 4 with the SEC on September 14, 2026, disclosing the sale of 232 ordinary shares of Tower Semiconductor Ltd on September 10, 2026.

Key Highlights

  • Reporting Person: Yoav Chelouche, identified as a Director of Tower Semiconductor Ltd (NASDAQ:TSEM).
  • Shares Sold: 232 ordinary shares disposed of on September 10, 2026, under transaction code S.
  • Weighted Average Price: $215.06 per share, with individual transactions ranging from $215.02 to $215.12, according to the filing.
  • Trading Venue: Shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels, converted at an exchange rate of 3.023 ILS to $1.000 on the transaction date.
  • Remaining Ownership: Following the transaction, Chelouche directly held 33,734 ordinary shares, as reported in the filing.
  • No Derivative Activity: Table II of the filing shows no derivative securities acquired or disposed of.

Chelouche Share Sale Details and Remaining Position at Tower Semiconductor

According to the Form 4 filed on September 14, 2026, Director Yoav Chelouche, whose address is listed as 5 Shlomo Kaplan Street, Tel Aviv, Israel, sold 232 ordinary shares of Tower Semiconductor Ltd (NASDAQ:TSEM) on September 10, 2026. The transaction was a direct disposal, coded S in the filing, with a weighted average sale price of $215.06 per share. The filing notes that the shares were sold in multiple transactions with prices ranging from $215.02 to $215.12.

The filing specifies that the sale took place on the Tel Aviv Stock Exchange and was executed in New Israeli Shekels. The exchange rate applied on the transaction date was 3.023 ILS to $1.000. The filing further states that Chelouche "undertakes to provide full information regarding the number of shares sold at each separate price upon request."

Following the reported transaction, Chelouche's direct beneficial ownership stands at 33,734 ordinary shares, per the filing. No derivative securities were reported in Table II. The Form 4 was signed by Meirav Shemesh on behalf of Oppenheimer Israel, acting as attorney-in-fact, and filed on September 14, 2026.

What Was Disclosed

Director Yoav Chelouche disclosed the sale of 232 ordinary shares of Tower Semiconductor Ltd on September 10, 2026, at a weighted average price of $215.06, executed on the Tel Aviv Stock Exchange, leaving a direct holding of 33,734 shares.