Can-Fite (CANF) grants 24,000 share options to CEO, CFO and COO
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Farbstein Motti
Role
CEO, CFO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options to Purchase Ordinary Shares | 24,000 | $0.00 | -- |
Holdings After Transaction:
Options to Purchase Ordinary Shares — 33,132 shares (Direct, null)
Footnotes (1)
- 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. 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. 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
Options granted: 24,000 options
Exercise price: $2.043 per share
Options after grant: 33,132 options
+5 more
8 metrics
Options granted
24,000 options
Grant of options to purchase Ordinary Shares on June 4, 2026
Exercise price
$2.043 per share
Exercise price for newly granted options
Options after grant
33,132 options
Total options held by reporting person following transaction
Expiration date
June 4, 2036
Option expiration for this grant
Vesting start
September 4, 2026
First quarterly vesting date for the options
Vesting end
April 6, 2030
Final quarterly vesting date for the options
Quarterly installments
16 installments
Number of equal quarterly vesting tranches
Underlying shares
24,000 Ordinary Shares
Shares underlying the option grant
Key Terms
Options to Purchase Ordinary Shares, exercise price, Section 102 of the Israeli Tax Ordinance, Share Option Plan, +2 more
6 terms
exercise price financial
"The exercise price of this option, originally denominated in New Israeli Shekels"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Section 102 of the Israeli Tax Ordinance regulatory
"To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance"
vesting financial
"The options will vest in sixteen equal quarterly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
derivative securities financial
"derivativeTransactionCount: 1, derivative transaction in options"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did Can-Fite BioPharma (CANF) report in this Form 4 filing?
Can-Fite BioPharma reported an option grant to its CEO, CFO and COO, Motti Farbstein, for 24,000 options to purchase Ordinary Shares at an exercise price of $2.043, expiring June 4, 2036, as part of his compensation.
How many options were granted to the Can-Fite (CANF) CEO in this transaction?
The CEO received 24,000 options to purchase Ordinary Shares. Each option carries an exercise price of $2.043 per share and represents a right, not an immediate share purchase, with vesting over several years subject to continued service.
What is the exercise price and term of the new Can-Fite (CANF) options?
The options have a $2.043 exercise price and expire on June 4, 2036. This means the executive can buy Ordinary Shares at $2.043 per share up to that expiration date, once the options are vested and exercisable.
When do the newly granted Can-Fite (CANF) options vest for the CEO?
The options vest in sixteen equal quarterly installments beginning September 4, 2026 and ending April 6, 2030. Vesting is conditional on the executive’s continued service with the company at each scheduled vesting date.
How many options does the Can-Fite (CANF) executive hold after this grant?
After this grant, the executive holds 33,132 options to purchase Ordinary Shares directly. This total reflects his derivative position following the award and shows his ongoing equity-based compensation exposure to the company’s stock.
Are there any special tax or plan considerations mentioned for the Can-Fite (CANF) options?
The footnotes reference Israeli tax rules under Section 102, noting that plan-related securities must be registered in a trustee’s name for certain tax benefits, and that options may be issued under the 2003, 2013 and 2023 Share Option Plans.