Entera Bio (ENTX) grants COO 72,993 RSUs in lieu of cash bonus
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galitzer Hillel reported acquisition or exercise transactions in this Form 4 filing.
Entera Bio Ltd. reported that Chief Operating Officer Hillel Galitzer received a grant of 72,993 stock-settled restricted stock units at a stated price of $0.0000 per ordinary share. The Board approved the award on May 7, 2026 in lieu of a cash bonus he was otherwise entitled to. The restricted stock units vest ratably on a quarterly basis over a one-year period that began on May 1, 2026. Following this equity award, Galitzer directly holds 163,566 ordinary shares of Entera Bio.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Galitzer Hillel
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares, par value NIS 0.0000769 per share | 72,993 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares, par value NIS 0.0000769 per share — 163,566 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 72,993 units
Shares after transaction: 163,566 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSUs granted
72,993 units
Stock-settled restricted stock units granted May 7, 2026
Shares after transaction
163,566 shares
Ordinary shares directly held by COO after grant
Grant price per share
$0.0000 per share
Stated price for granted ordinary shares
Vesting period
1 year, quarterly
RSUs vest ratably on a quarterly basis over one year
Key Terms
stock-settled restricted stock units, in lieu of a cash bonus, vest ratably on a quarterly basis, Board of Directors
4 terms
stock-settled restricted stock units financial
"Represent a grant of stock-settled restricted stock units."
in lieu of a cash bonus financial
"This grant ... was awarded to the Reporting Person in lieu of a cash bonus"
vest ratably on a quarterly basis financial
"The restricted stock units vest ratably on a quarterly basis over a one-year period"
Board of Directors financial
"This grant ... was approved by the Board of Directors (the "Board") of Entera Bio Ltd."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Entera Bio (ENTX) COO Hillel Galitzer receive in this Form 4 filing?
Entera Bio’s COO Hillel Galitzer received 72,993 stock-settled restricted stock units. The award was approved by the Board on May 7, 2026 and granted as part of his compensation, increasing his direct holdings to 163,566 ordinary shares after the transaction.
Was the Entera Bio (ENTX) COO’s equity grant an open-market purchase or compensation?
The transaction is a compensation-related grant, not an open-market purchase. It is coded as a grant or award acquisition and consists of 72,993 restricted stock units provided in lieu of a cash bonus the executive was otherwise entitled to receive.
How do the Entera Bio (ENTX) COO’s new restricted stock units vest?
The 72,993 restricted stock units vest ratably on a quarterly basis over one year. The vesting period began on May 1, 2026, meaning portions of the award will settle into shares each quarter during that one-year schedule.
Why did Entera Bio (ENTX) grant RSUs instead of paying a cash bonus to its COO?
The filing states that the 72,993 stock-settled restricted stock units were awarded in lieu of a cash bonus. This means the COO’s bonus entitlement was delivered as equity, aligning his compensation more closely with Entera Bio’s share performance.