Russell Craig Ellwanger Sells $45.6M of Tower Semiconductor Ltd (TSEM) — SEC Form 4, Aug 12, 2026
Open-Market Net Sale · SEC Form 4
−$45,559,756
Equity position changed by -25.6%
Equity Position
527K sh
708,323 → 526,788
Equity Change
-25.6%
shares held after vs before
Filing Lag
1 business day
within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Reporting Owner
| Name | Relationship |
|---|---|
| Russell Craig Ellwanger CIK 0002129121 |
CEO
|
Russell Craig Ellwanger at Tower Semiconductor Ltd
Full insider history
Bought (12 mo)
—
Sold (12 mo)
$59,958,538
More from this insider at Tower Semiconductor Ltd
| 2026-07-15 | Sell | -$14,398,782 | View |
| 2026-07-06 | Award | — | View |
Non-Derivative Securities Transactions
| Title | Date | Type | Shares | Price | Net Total | Post-Txn | Ownership |
|---|---|---|---|---|---|---|---|
| Ordinary SharesF1F2 | 2026-08-10 | S - Sale | 1,025 D | $245.93 | -$252,078 | 707,298 | Direct |
| Ordinary SharesF1F3 | 2026-08-10 | S - Sale | 2,062 D | $246.71 | -$508,716 | 705,236 | Direct |
| Ordinary SharesF1F4 | 2026-08-10 | S - Sale | 5,498 D | $248.02 | -$1,363,614 | 699,738 | Direct |
| Ordinary SharesF1F5 | 2026-08-10 | S - Sale | 5,559 D | $248.94 | -$1,383,857 | 694,179 | Direct |
| Ordinary SharesF1F6 | 2026-08-10 | S - Sale | 1,123 D | $250.05 | -$280,806 | 693,056 | Direct |
| Ordinary SharesF1F11 | 2026-08-10 | S - Sale | 3,116 D | $255.24 | -$795,328 | 663,760 | Direct |
| Ordinary SharesF1F12 | 2026-08-10 | S - Sale | 9,720 D | $256.56 | -$2,493,763 | 654,040 | Direct |
| Ordinary SharesF1F13 | 2026-08-10 | S - Sale | 5,407 D | $257.27 | -$1,391,059 | 648,633 | Direct |
| Ordinary SharesF1F7 | 2026-08-10 | S - Sale | 6,474 D | $251.04 | -$1,625,233 | 686,582 | Direct |
| Ordinary SharesF1F8 | 2026-08-10 | S - Sale | 3,341 D | $252.07 | -$842,166 | 683,241 | Direct |
| Ordinary SharesF1F9 | 2026-08-10 | S - Sale | 9,022 D | $253.53 | -$2,287,348 | 674,219 | Direct |
| Ordinary SharesF1F10 | 2026-08-10 | S - Sale | 7,343 D | $254.15 | -$1,866,223 | 666,876 | Direct |
| Ordinary SharesF1F14 | 2026-08-10 | S - Sale | 6,486 D | $258.47 | -$1,676,436 | 642,147 | Direct |
| Ordinary SharesF1F15 | 2026-08-10 | S - Sale | 2,519 D | $259.94 | -$654,789 | 639,628 | Direct |
| Ordinary SharesF1F16 | 2026-08-10 | S - Sale | 5,316 D | $261.03 | -$1,387,635 | 634,312 | Direct |
| Ordinary SharesF1F17 | 2026-08-10 | S - Sale | 1,471 D | $262.16 | -$385,637 | 632,841 | Direct |
| Ordinary SharesF1F18 | 2026-08-10 | S - Sale | 1,827 D | $263.78 | -$481,926 | 631,014 | Direct |
| Ordinary SharesF1F19 | 2026-08-11 | S - Sale | 3,060 D | $243.32 | -$744,559 | 627,954 | Direct |
| Ordinary SharesF1F20 | 2026-08-11 | S - Sale | 2,507 D | $244.69 | -$613,438 | 625,447 | Direct |
| Ordinary SharesF1F21 | 2026-08-11 | S - Sale | 11,624 D | $245.78 | -$2,856,947 | 613,823 | Direct |
| Ordinary SharesF1F22 | 2026-08-11 | S - Sale | 5,065 D | $246.74 | -$1,249,738 | 608,758 | Direct |
| Ordinary SharesF1F23 | 2026-08-11 | S - Sale | 23,028 D | $248.08 | -$5,712,786 | 585,730 | Direct |
| Ordinary SharesF1F24 | 2026-08-11 | S - Sale | 35,208 D | $248.78 | -$8,759,046 | 550,522 | Direct |
| Ordinary SharesF1F25 | 2026-08-11 | S - Sale | 15,816 D | $249.66 | -$3,948,623 | 534,706 | Direct |
| Ordinary SharesF1F26 | 2026-08-11 | S - Sale | 3,331 D | $250.90 | -$835,748 | 531,375 | Direct |
| Ordinary SharesF1F27 | 2026-08-11 | S - Sale | 2,098 D | $252.74 | -$530,249 | 529,277 | Direct |
| Ordinary SharesF1F28 | 2026-08-11 | S - Sale | 2,489 D | $253.92 | -$632,007 | 526,788 | Direct |
Footnotes (28)
- F1
- The sales reported in this Form 4 relate to restricted stock units, each of which represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd. (the "Company"), that the Reporting Person was granted more than 3 years ago, hence all has become fully vested; the sale was effected pursuant to a pre-arranged, pre-scheduled order instruction established by the Reporting Person on March 12, 2026, when the reporting Person was not in possession of material non-public information. Show more
- F2
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $245.26 to $246.26. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F3
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $246.31 to $247.30. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F4
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $247.36 to $248.35. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F5
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $248.37 to $249.37. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F6
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $249.40 to $250.38. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F7
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $250.63 to $251.43. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F8
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $251.77 to $252.77. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F9
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $252.78 to $253.77. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F10
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $253.80 to $254.80. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F11
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $254.84 to $255.84. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F12
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $255.87 to $256.87. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F13
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $256.90 to $257.87. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F14
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $257.94 to $258.91. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F15
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $259.22 to $260.17. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F16
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $260.32 to $261.22. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F17
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $261.81 to $262.24. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F18
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $263.19 to $264.16. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 2.998 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F19
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $243.18 to $244.13. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F20
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $244.26 to $245.26. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F21
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $245.29 to $246.22. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F22
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $246.34 to $247.34. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F23
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $247.35 to $248.35. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F24
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $248.36 to $249.35. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F25
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $249.39 to $250.32. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F26
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $250.45 to $251.38. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F27
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $252.20 to $253.08. These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
- F28
- These shares were sold on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS). The exchange rate in effect on the transaction date was 3.005 ILS to $1.000 . The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request Show more
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