Foresight (NASDAQ: FRSX) CEO discloses options, RSUs and ADS structure
Rhea-AI Filing Summary
Foresight Autonomous Holdings Ltd. director and CEO Haim Siboni reports his current holdings of Ordinary Shares and stock options. He holds stock options to acquire 285,714, 587,571 and 571,429 Ordinary Shares at an exercise price of $1.1200 per share, expiring on May 4, 2026, July 16, 2027 and October 20, 2029, respectively. He also reports 1,285,714 Ordinary Shares held directly and 4,974,398 Ordinary Shares held indirectly through Magna BSP Ltd., which he indirectly owns and which may be deemed to beneficially own those securities. Footnotes state that 642,857 Ordinary Shares are issuable upon vesting of RSUs through July 1, 2027, and that the company’s securities trade as ADSs, with one ADS representing 90 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Siboni Haim
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to buy) — 1,444,714 shares (Direct);
Ordinary Shares — 4,974,398 shares (Indirect, See Footnote);
Ordinary Shares — 1,285,714 shares (Direct)
Footnotes (9)
- F1. Mr. Siboni indirectly owns 100% of Magna BSP Ltd. ("Magna BSP") and may be deemed to beneficially own securities owned by Magna BSP. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein
- F2. Includes 642,857 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") through July 1, 2027. Each RSU represents the right to receive one Ordinary Share.
- F3. The Issuer's securities are listed as American Depository Shares ("ADS"), where one ADS represents 90 Ordinary Shares. Each ADS is convertible at any time, at the holder's election. The ADSs have no expiration date.
- F4. The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119 as of March 16, 2026.
- F5. The options were granted on May 4, 2017 and fully vested as of January 1, 2020.
- F6. The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119 as of March 16, 2026.
- F7. The options were granted on July 16, 2020 and fully vested as of December 31, 2022.
- F8. The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119 as of March 16, 2026.
- F9. The options were granted on October 20, 2022 and fully vested as of December 31, 2025.
Key Figures
Option grant 2026 expiry: 285,714 underlying shares at $1.1200
Option grant 2027 expiry: 587,571 underlying shares at $1.1200
Option grant 2029 expiry: 571,429 underlying shares at $1.1200
+5 more
8 metrics
Option grant 2026 expiry
285,714 underlying shares at $1.1200
Stock options expiring May 4, 2026
Option grant 2027 expiry
587,571 underlying shares at $1.1200
Stock options expiring July 16, 2027
Option grant 2029 expiry
571,429 underlying shares at $1.1200
Stock options expiring October 20, 2029
Indirect Ordinary Shares
4,974,398 shares
Held indirectly via Magna BSP Ltd.
Direct Ordinary Shares
1,285,714 shares
Directly held Ordinary Shares
RSUs through July 2027
642,857 shares
Ordinary Shares issuable upon RSU vesting through July 1, 2027
ADS to Ordinary ratio
1 ADS = 90 Ordinary Shares
Structure of listed American Depository Shares
Original NIS exercise price
NIS 3.50 per option
Converted to $1.1200 based on 3.119 ratio as of March 16, 2026
Key Terms
American Depository Shares ("ADS"), restricted share units ("RSUs"), beneficially own, pecuniary interest, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own securities owned by Magna BSP."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein"
exercise price financial
"The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119."
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.
FAQ
What did Foresight (FRSX) CEO Haim Siboni report on this Form 3?
He reported his existing holdings of Foresight securities, including Ordinary Shares and stock options. The filing lists direct and indirect share positions and several fully vested option grants with specified exercise prices and expiration dates.
What stock options does the Foresight (FRSX) CEO report on this Form 3?
He reports stock options to buy 285,714, 587,571 and 571,429 Ordinary Shares. All have an exercise price of $1.1200 per share and expire on May 4, 2026, July 16, 2027 and October 20, 2029, respectively, and are described as fully vested.
What RSUs are disclosed for Foresight (FRSX) CEO Haim Siboni?
Footnotes state the holdings include 642,857 Ordinary Shares issuable upon vesting of RSUs through July 1, 2027. Each RSU represents the right to receive one Ordinary Share, adding to the CEO’s potential future equity exposure as these units vest.
How are Foresight (FRSX) securities structured as ADSs?
The filing notes the company’s securities are listed as American Depository Shares (ADS). One ADS represents 90 Ordinary Shares, and each ADS is convertible into Ordinary Shares at any time at the holder’s election, with no expiration date on the ADSs themselves.
What is Magna BSP Ltd.’s role in the Foresight (FRSX) CEO’s holdings?
Mr. Siboni indirectly owns 100% of Magna BSP Ltd., which holds 4,974,398 Ordinary Shares. He may be deemed to beneficially own those securities but disclaims beneficial ownership except to the extent of his pecuniary interest, as stated in the footnote disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
