Cyabra (NASDAQ: CYAB) CPO gains 710,549 shares from merger conversion and RSUs
Rhea-AI Filing Summary
CYABRA, INC. Chief Product Officer Yossef Daar indirectly acquired common stock in connection with the company’s business combination and a new equity award. At the effective time of the Business Combination, 160,000 ordinary shares of Cyabra held for him were converted into 577,549 shares of the issuer’s common stock, held by IBI Trust Management in trust.
On March 27, 2026, he was also granted 133,000 restricted stock units under the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, fully vested upon grant and effective 30 days after the 2026 Israeli Sub-Plan is filed with the Israel Tax Authority. Following these acquisitions, his indirect holdings reported in this filing total 710,549 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 710,549 shares
Net Buy
2 txns
Insider
Daar Yossef
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 577,549 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 133,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 710,549 shares (Indirect, See footnote)
Footnotes (4)
- F1. Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer.
- F2. Pursuant to the Merger Agreement, 160,000 ordinary shares of Cyabra held by the Reporting Person that were outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") were, as of the Effective Time, converted into 577,549 shares of the Issuer.
- F3. Held by IBI Trust Management in trust for the Reporting Person.
- F4. On March 27, 2026, the Reporting Person was granted 133,000 restricted stock units of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan (the "2026 Plan") which were fully vested upon grant. Such grant is effective 30 days after the 2026 Israeli Sub-Plan to the 2026 Plan is filed with the Israel Tax Authority.
Key Figures
Shares from Cyabra conversion: 577,549 shares
Original Cyabra ordinary shares: 160,000 shares
RSU grant size: 133,000 units
+3 more
6 metrics
Shares from Cyabra conversion
577,549 shares
Cyabra ordinary shares converted into issuer common stock at Business Combination effective time
Original Cyabra ordinary shares
160,000 shares
Ordinary shares of Cyabra converted into issuer shares in the Business Combination
RSU grant size
133,000 units
Restricted stock units granted on March 27, 2026 under 2026 Omnibus Equity Incentive Plan
Total holdings after transactions
710,549 shares
Indirect CYAB common stock holdings reported following both acquisitions
Grant vesting status
Fully vested
133,000 RSUs were fully vested upon grant on March 27, 2026
RSU effectiveness condition
30 days post-filing
Grant effective 30 days after 2026 Israeli Sub-Plan is filed with Israel Tax Authority
Key Terms
Business Combination, Merger Agreement, restricted stock units, 2026 Omnibus Equity Incentive Plan, +1 more
5 terms
Business Combination financial
"After giving effect to the Business Combination, Holdings changed its name to the Issuer."
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
Merger Agreement regulatory
"in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended"
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.
restricted stock units financial
"the Reporting Person was granted 133,000 restricted stock units of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2026 Omnibus Equity Incentive Plan financial
"granted 133,000 restricted stock units of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan"
trust financial
"Held by IBI Trust Management in trust for the Reporting Person."
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
What insider transaction did CYAB Chief Product Officer Yossef Daar report?
Yossef Daar reported indirect acquisitions of CYAB common stock. 160,000 Cyabra ordinary shares he held were converted into 577,549 issuer shares in a business combination, and he received 133,000 fully vested restricted stock units under the 2026 Omnibus Equity Incentive Plan.
How did the CYAB business combination affect Yossef Daar’s holdings?
The business combination converted 160,000 Cyabra ordinary shares held for Yossef Daar into 577,549 CYAB common shares. This conversion occurred at the effective time of the transaction under the Merger Agreement among Trailblazer entities, Holdings, and Cyabra, creating his new indirect equity position.
What are the terms of Yossef Daar’s 133,000 CYAB restricted stock units?
On March 27, 2026, Yossef Daar was granted 133,000 restricted stock units under the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan. These RSUs were fully vested upon grant and become effective 30 days after the 2026 Israeli Sub-Plan is filed with the Israel Tax Authority.
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