Foresight Autonomous Holdings (FRSX) grants CEO 5M RSUs vesting to 2029
Rhea-AI Filing Summary
Siboni Haim reported acquisition or exercise transactions in this Form 4 filing.
Foresight Autonomous Holdings Ltd. granted Chief Executive Officer and director Haim Siboni restricted share units covering 5,000,000 ordinary shares, issuable upon vesting through January 1, 2029. Each RSU entitles the holder to receive one ordinary share.
After this award, Siboni directly holds 6,285,714 ordinary shares. A separate position shows 4,974,398 ordinary shares held indirectly through Magna BSP Ltd., which he controls, while he disclaims beneficial ownership beyond his pecuniary interest. The company’s securities are listed as ADSs, with each ADS representing 90 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000,000 shares
Net Buy
2 txns
Insider
Siboni Haim
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 5,000,000 | $0.00 | $0.00 |
| holding | Ordinary Shares F2, F3 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 6,285,714 shares (Direct);
Ordinary Shares — 4,974,398 shares (Indirect, See Footnote)
Footnotes (3)
- 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.
- F3. Mr. Siboni controls 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.
Key Figures
RSUs underlying shares: 5,000,000 ordinary shares
Direct holdings after award: 6,285,714 ordinary shares
Indirect holdings via Magna BSP Ltd.: 4,974,398 ordinary shares
+1 more
4 metrics
RSUs underlying shares
5,000,000 ordinary shares
Ordinary Shares issuable upon vesting of RSUs through January 1, 2029
Direct holdings after award
6,285,714 ordinary shares
Direct ordinary share holdings of Haim Siboni following the RSU grant
Indirect holdings via Magna BSP Ltd.
4,974,398 ordinary shares
Ordinary shares reported as indirectly held through Magna BSP Ltd.
ADS to ordinary share ratio
1 ADS = 90 ordinary shares
Listing structure for Foresight Autonomous securities as American Depository Shares
Key Terms
restricted share units, American Depository Shares, beneficial ownership
3 terms
beneficial ownership financial
"may be deemed to beneficially own securities owned by Magna BSP"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider award did FRSX CEO Haim Siboni receive on July 23, 2026?
On July 23, 2026, Haim Siboni received restricted share units over 5,000,000 ordinary shares of Foresight Autonomous Holdings Ltd. These RSUs vest through January 1, 2029, with each RSU delivering one ordinary share upon vesting.
What indirect FRSX holdings are associated with Magna BSP Ltd.?
An additional 4,974,398 ordinary shares of Foresight Autonomous are reported as held indirectly through Magna BSP Ltd., an entity controlled by Haim Siboni. He may be deemed to beneficially own these securities but disclaims ownership beyond his pecuniary interest.
Over what period do Haim Siboni’s newly granted FRSX RSUs vest?
The granted restricted share units over 5,000,000 ordinary shares vest through January 1, 2029. As each RSU vests, it entitles Haim Siboni to receive one ordinary share of Foresight Autonomous Holdings Ltd.