Can-Fite CEO granted 24,000 stock options
Can-Fite BioPharma Ltd. reported that its CEO, CFO and COO, Motti Farbstein, received a grant of options to purchase 24,000 Ordinary Shares on an award basis.
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Rhea-AI Filing Summary
Can-Fite BioPharma Ltd. reported that its CEO, CFO and COO, Motti Farbstein, received a grant of options to purchase 24,000 Ordinary Shares on an award basis. These options have an exercise price of $2.043 per share and expire on June 4, 2036.
The options will vest in sixteen equal quarterly installments starting on September 4, 2026 and ending on April 6, 2030, contingent on his continued service. Following this grant, Farbstein holds 33,132 options to purchase Ordinary Shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options to Purchase Ordinary Shares | 24,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the Issuer's 2003 Share Option Plan, 2013 Share Option Plan and 2023 Share Option Plan must be registered in the name of a trustee.
- F2. The options will vest in sixteen equal quarterly installments beginning 09/04/2026 and ending 04/06/2030, subject to the Reporting Person's continued service to the Issuer as of such vesting date.
- F3. The exercise price of this option, originally denominated in New Israeli Shekels ("NIS") in the amount of NIS 5.94, is presented in the table in U.S. dollars ("USD") based on the exchange rate reported by the Bank of Israel on June 5, 2026, which was NIS 2.908 = USD 1.00.
Key Figures
Key Terms
exercise price financial
Section 102 of the Israeli Tax Ordinance regulatory
vesting financial
derivative securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Can-Fite BioPharma (CANF) report in this Form 4 filing?
How many options were granted to the Can-Fite (CANF) CEO in this transaction?
What is the exercise price and term of the new Can-Fite (CANF) options?
When do the newly granted Can-Fite (CANF) options vest for the CEO?
How many options does the Can-Fite (CANF) executive hold after this grant?
Are there any special tax or plan considerations mentioned for the Can-Fite (CANF) options?
AI-generated analysis. How Rhea-AI works. Not financial advice.