Foresight VP granted 5M RSUs at no-cost price
Bar-on Oren reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Bar-on Oren reported acquisition or exercise transactions in this Form 4 filing.
Foresight Autonomous Holdings Ltd. reported that officer Oren Bar-on, VP of Global Operations, received a grant of 5,000,000 Ordinary Shares in the form of restricted share units (RSUs) at a stated price of $0.00 per share. These RSUs vest through January 1, 2029, with each RSU convertible into one Ordinary Share. Following this award, Bar-on holds a total of 6,257,143 Ordinary Shares, including the RSUs. The company’s securities trade as American Depository Shares (ADS), where one ADS represents 90 Ordinary Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 5,000,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Includes 5,000,000 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") through January 1, 2029. Each RSU represents the right to receive one Ordinary Share.
- F2. 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.
Key Figures
Key Terms
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Foresight Autonomous (FRSX) disclose about insider Oren Bar-on’s recent equity grant?
What are the key terms of the 5,000,000 RSUs reported for FRSX’s Oren Bar-on?
Does the Form 4 for FRSX indicate any sales by Oren Bar-on?
AI-generated analysis. How Rhea-AI works. Not financial advice.