BrainStorm (BCLI) CEO granted 1.8M restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lebovits Chaim reported acquisition or exercise transactions in this Form 4 filing.
BrainStorm Cell Therapeutics President & CEO Chaim Lebovits reported an award of 1,800,000 shares of common stock in the form of restricted stock units under the company’s equity plan. The RSUs vest 50% on the February 26, 2026 grant date and 50% on the six‑month anniversary, contingent on his continued employment. Following this compensation grant, he holds 2,000,960 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lebovits Chaim
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,800,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,000,960 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,800,000 shares
Grant price: $0.0000 per share
Post-grant holdings: 2,000,960 shares
+2 more
5 metrics
RSU grant size
1,800,000 shares
Restricted stock units awarded to CEO on February 26, 2026
Grant price
$0.0000 per share
Stated price for RSU acquisition
Post-grant holdings
2,000,960 shares
Common stock directly held by CEO after RSU award
Immediate vesting portion
50% of award
Vests on February 26, 2026 grant date
Deferred vesting portion
50% of award
Vests on six-month anniversary of grant, subject to employment
Key Terms
restricted stock units ("RSUs"), vest, Grant, award, or other acquisition, Plan
4 terms
restricted stock units ("RSUs") financial
"Represents shares of restricted stock units ("RSUs") awarded under the Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"The RSUs shall vest as to (i) 50% of the award on the date of grant and (ii) the remaining 50% of the award shall vest on the six-month anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition""
Plan financial
"RSUs awarded under the Plan. The RSUs shall vest as to (i) 50% of the award"
FAQ
What insider transaction did BCLI CEO Chaim Lebovits report on this Form 4?
Chaim Lebovits reported receiving 1,800,000 shares of common stock as restricted stock units under BrainStorm Cell Therapeutics’ equity plan. This is a compensation-related grant, not an open-market purchase or sale, and carries a zero dollar grant price per share.
How do the new restricted stock units for BCLI’s CEO vest?
The restricted stock units vest in two equal tranches tied to time and service. Fifty percent of the 1,800,000-unit award vests on the February 26, 2026 grant date, and the remaining 50% vests six months later, if he remains employed through each vesting date.
What does transaction code "A" mean in the BCLI CEO’s Form 4?
Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects restricted stock units of BrainStorm Cell Therapeutics granted to CEO Chaim Lebovits as equity compensation rather than a market transaction.
Is the BCLI CEO’s RSU grant an open-market stock purchase or sale?
No, the reported transaction is not an open-market trade. It is a grant of 1,800,000 restricted stock units at a stated price of $0.0000 per share, awarded under BrainStorm Cell Therapeutics’ equity plan as part of the CEO’s compensation package.