SEC Form SCHEDULE 13D filed by Mobileye Global Inc.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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Mobileye Global Inc. (Name of Issuer) |
Class A Common Stock, $0.01 par value (Title of Class of Securities) |
60741F104 (CUSIP Number) |
Liz Cohen-Yerushalmi, CLO/GC c/o Mobileye B.V. Har Hotzvim, 1 Shlomo Momo HaLevi Street Jerusalem, L3, 9777015 972-2-541-7333 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
02/03/2026 (Date of Event Which Requires Filing of This Statement) |

SCHEDULE 13D
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| CUSIP No. | 60741F104 |
| 1 |
Name of reporting person
Amnon Shashua | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
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| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
ISRAEL
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
17,779,501.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
7.3 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Class A Common Stock, $0.01 par value |
| (b) | Name of Issuer:
Mobileye Global Inc. |
| (c) | Address of Issuer's Principal Executive Offices:
c/o Mobileye B.V. Har Hotzvim, 1 Shlomo Momo HaLevi Street, Jerusalem,
ISRAEL
, 9777015. |
| Item 2. | Identity and Background |
| (a) | This Schedule 13D is filed by Amnon Shashua ("Prof. Shashua" or the "Reporting Person") with respect to the shares of Class A Common Stock of Mobileye Global Inc. (the "Company") directly held by (and underlying options directly held by) him. |
| (b) | The principal address of the Reporting Person is c/o Mobileye B.V. Har Hotzvim, 1 Shlomo Momo HaLevi Street Jerusalem 9777015, Israel. |
| (c) | The principal occupation of Prof. Shashua is CEO and President of the Company. |
| (d) | The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was, or is subject to, a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws. |
| (f) | Prof. Shashua is a citizen of Israel. |
| Item 3. | Source and Amount of Funds or Other Consideration |
On January 5, 2026 (the "Signing Date"), the Company and Mobileye Vision Technologies Ltd. ("MEIL"), a company organized under the laws of the State of Israel and a subsidiary of the Company, entered into a share purchase agreement (the "Share Purchase Agreement") to acquire 100% of the issued and outstanding stock of Mentee Robotics Ltd. ("Mentee", and such transaction, the "Acquisition"). The Acquisition was approved by the Company's Board of Directors (the "Board"), acting on the recommendation of a strategic transaction committee consisting of four disinterested directors (two of whom are independent). The Audit Committee of the Company's Board also approved the Acquisition pursuant to the Company's Related Persons Transaction Policy. Intel Corporation, as the sole beneficial holder of the Company's issued and outstanding Class B common stock, also approved the Acquisition pursuant to the Company's Amended and Restated Certificate of Incorporation. Prof. Shashua recused himself from the Board's consideration and approval of the Acquisition. Prof. Shashua is the Chairman, Co-Founder and a significant shareholder of Mentee.
On February 3, 2026 (the "Closing Date"), pursuant to the Share Purchase Agreement, the Company directly and indirectly acquired all of the outstanding share capital of Mentee and Prof. Shashua sold all of the issued and outstanding shares of Mentee to the Company that Prof. Shashua held immediately prior to the Closing Date in exchange for the right to receive (i) cash equal to fifty percent (50%) of Prof. Shashua's total consideration, less (a) fifty percent (50%) of Prof. Shashua's pro rata escrow amount contribution and (b) Prof. Shashua's pro rata representative expense amount contribution and (ii) shares of Class A common stock, par value $0.01 per share, of the Company (the "MBLY Global Common Stock"). The number of shares of MBLY Global Common Stock issued to Prof. Shashua was determined by dividing fifty percent (50%) of Prof. Shashua's total consideration by a volume weighted average of the closing sale prices for MBLY Global Common Stock as quoted on the NASDAQ Stock Market over the thirty (30) trading days ending immediately prior to the Signing Date. This resulted in Prof. Shashua receiving (in addition to Prof. Shashua's preexisting shareholding in the Company), a total of 15,543,098 shares of MBLY Global Common Stock. Such shares of MBLY Global Common Stock were deposited with a trustee (the "Trustee") and an amount of MBLY Global Common Stock equal to fifty percent (50%) of Prof. Shashua's pro rata escrow amount contribution is subject to an escrow agreement entered into on the Closing Date and pursuant to the Share Purchase Agreement.
Of the shares of MLBY Common Stock issued to Prof. Shashua (i) 1,554,310 shares of MBLY Global Common Stock are subject to a six-month lock-up period pursuant to a lock-up agreement entered into on the Closing Date, and (ii) 13,988,788 shares of MBLY Global Common Stock were deposited with the Trustee as deferred consideration pursuant to a deferred consideration agreement entered into on the Signing Date and a 104H and deferred consideration trust agreement entered into on the Closing Date (the "Deferred Shares"). The Deferred Shares will be released in equal portions in twenty-four and forty-eight months from the closing of the Acquisition, subject to continued employment, or under certain circumstances, affiliation, with the Company and its subsidiaries. Prof. Shashua does not have voting power in relation to the Deferred Shares. | |
| Item 4. | Purpose of Transaction |
As described in Item 3 above, which description is incorporated herein by reference in answer to this Item 4, this Schedule 13D is being filed in connection with the consideration received under the Share Purchase Agreement. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | See rows (11) and (13) of the cover page to this Schedule 13D for the aggregate number of shares of Class A Common Stock and percentage of the shares of Class A Common Stock beneficially owned by the Reporting Person. The percentage used in this Schedule 13D is calculated based upon 243,613,499 shares of Class A Common Stock reported by the Issuer to be outstanding as of February 3, 2026. |
| (b) | See rows (7) through (10) of the cover page to this Schedule 13D for the number of shares of Class A Common Stock as to which the Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. |
| (c) | There were no transactions in the class of securities reported on that were effected during the past sixty days. |
| (d) | No person other than the Reporting Person is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of Class A Common Stock. |
| (e) | Not applicable. |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
As described in Item 3, (i) 1,554,310 shares of MBLY Global Common Stock are subject to a six-month lock-up period pursuant to a lock-up agreement entered into on the Closing Date by and between the Company and Prof. Shashua, and (ii) 13,988,788 shares of MBLY Global Common Stock are Deferred Shares and were deposited with the Trustee as deferred consideration pursuant to a deferred consideration agreement entered into on the Signing Date by and among the Company, MEIL and Prof. Shashua and a 104H and deferred consideration trust agreement entered into on the Closing Date by and among the Company, MEIL, the Trustee and Prof. Shashua. | |
| Item 7. | Material to be Filed as Exhibits. |
1. Lock-up Agreement, dated as of February 3, 2026, by and between Mobileye Global Inc. and Prof. Amnon Shashua.
2. Deferred Consideration Agreement, dated as of January 5, 2026, by and among Mobileye Global Inc., Mobileye Vision Technologies Ltd. and Prof. Amnon Shashua.
3. 104H and Deferred Consideration Trust Agreement, dated as of February 3, 2026, by and among Mobileye Global Inc., Mobileye Vision Technologies Ltd., IBI Trust Management, and Prof. Amnon Shashua. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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(b)