1M RSU award lifts Foresight Autonomous (FRSX) director’s share stake
Rhea-AI Filing Summary
Scherf Moshe reported acquisition or exercise transactions in this Form 4 filing.
Foresight Autonomous Holdings director Moshe Scherf reported receiving a grant of 1,000,000 restricted share units for Ordinary Shares on July 23, 2026. The RSUs vest through January 1, 2029, each settling into one Ordinary Share. Following this award, he reports 1,150,000 Ordinary Shares held directly and 1,257,143 Ordinary Shares held indirectly through his spouse, for which he disclaims beneficial ownership beyond his pecuniary interest. The company’s securities trade as ADSs, with one ADS representing 90 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000,000 shares
Net Buy
2 txns
Insider
Scherf Moshe
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 1,000,000 | $0.00 | $0.00 |
| holding | Ordinary Shares F2, F3 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 1,150,000 shares (Direct);
Ordinary Shares — 1,257,143 shares (Indirect, See Footnote)
Footnotes (3)
- F1. Includes 1,000,000 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.
- F3. The securities are owned by Sivan Siboni Scherf, Mr. Scherf's spouse, and, therefore, Mr. Scherf may be deemed to beneficially own securities owned by Mrs. Siboni Scherf, to the extent of his spouse's pecuniary interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Key Figures
RSU grant: 1,000,000 Ordinary Shares
Direct holdings after grant: 1,150,000 Ordinary Shares
Indirect holdings (spouse): 1,257,143 Ordinary Shares
+2 more
5 metrics
RSU grant
1,000,000 Ordinary Shares
Restricted share units issuable into Ordinary Shares vesting through January 1, 2029
Direct holdings after grant
1,150,000 Ordinary Shares
Ordinary Shares reported as directly owned by Moshe Scherf after July 23, 2026 award
Indirect holdings (spouse)
1,257,143 Ordinary Shares
Ordinary Shares owned by Sivan Siboni Scherf, reported as indirect holdings with beneficial ownership disclaimed except for pecuniary interest
ADS to Ordinary Share ratio
1 ADS = 90 Ordinary Shares
Listing relationship between American Depository Shares and Ordinary Shares
RSU vesting end date
January 1, 2029
Date through which the reported RSUs vest into Ordinary Shares
Key Terms
restricted share units, American Depository Shares, pecuniary interest, beneficially own
4 terms
pecuniary interest regulatory
"to the extent of his spouse's pecuniary interest therein"
beneficially own regulatory
"Mr. Scherf may be deemed to beneficially own securities owned by Mrs. Siboni Scherf"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Foresight Autonomous (FRSX) report for Moshe Scherf?
Moshe Scherf reported a grant of 1,000,000 restricted share units for Foresight Autonomous Ordinary Shares on July 23, 2026. Each RSU entitles him to receive one Ordinary Share, with vesting scheduled through January 1, 2029.