Foresight Autonomous CEO granted 5M RSUs
Siboni Haim reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 5,000,000 | $0.00 | $0.00 |
| holding | Ordinary Shares F2, F3 | -- | -- | -- |
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
Key Terms
beneficial ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider award did FRSX CEO Haim Siboni receive on July 23, 2026?
What indirect FRSX holdings are associated with Magna BSP Ltd.?
Over what period do Haim Siboni’s newly granted FRSX RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.