Foresight Autonomous grants director 1M RSU shares
Avidan Daniel reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Avidan Daniel reported acquisition or exercise transactions in this Form 4 filing.
Foresight Autonomous Holdings Ltd. reported that director Daniel Avidan received a grant/award tied to 1,000,000 Ordinary Shares. According to the disclosure, these shares are issuable upon the vesting of RSUs through January 1, 2029, with each RSU representing one Ordinary Share. Following this award, Avidan is shown with direct beneficial ownership of 1,000,000 underlying Ordinary Shares. The issuer’s securities trade as American Depository Shares, where one ADS represents 90 Ordinary Shares and is convertible at any time.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 1,000,000 | $0.00 | $0.00 |
Footnotes (2)
- 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.
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FAQ
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What insider transaction did Foresight Autonomous (FRSX) disclose for Daniel Avidan?
What is the vesting timeline for Daniel Avidan’s FRSX RSUs?
Was the FRSX insider equity award made under a Rule 10b5-1 trading plan?
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