Mobileye clarifies Nehushtan’s part-time role carries NIS 50,000 monthly pay
MBLY•
MBLY•Mobileye Global said Nimrod Nehushtan will receive NIS 50,000 a month from November 1, 2026, for a 20%-time executive vice president of corporate strategy role. Amendments also provide for accelerated vesting of certain restricted stock units if he is terminated without cause before July 10, 2027, subject to a qualifying release.
Effective November 1, 2026, Nimrod Nehushtan’s title will be executive vice president of corporate strategy, his employment will be reduced to 20% of a full-time position, and his monthly compensation will be NIS 50,000. Mobileye Global’s October 28 amendments provide accelerated vesting of restricted stock units scheduled to vest on or before July 10, 2027, if his employment is terminated without cause before that date and he provides a qualifying release of claims. An earlier disclosure said his compensation arrangements had not been modified after his September 3 transition to the part-time role.