Foresight Autonomous (FRSX) grants HR leader 4M RSUs through 2029
Rhea-AI Filing Summary
Foresight Autonomous Holdings Ltd. reported that Sivan Scherf-Siboni, VP of Human Resources, received a grant of 4,000,000 Ordinary Shares on August 13, 2026 as a grant/award at a per-share price of $0.00. According to a footnote, these represent restricted share units (RSUs) that vest through January 1, 2029, with each RSU converting into one Ordinary Share upon vesting. Following this grant, Scherf-Siboni directly holds 5,257,143 Ordinary Shares and has an additional 150,000 Ordinary Shares reported as indirectly owned through her spouse, for which she disclaims beneficial ownership beyond her pecuniary interest. The company’s securities are traded as American Depository Shares (ADSs), where one ADS represents 90 Ordinary Shares, and each ADS is convertible at any time at the holder’s election.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 4,000,000 | $0.00 | $0.00 |
| holding | Ordinary Shares F2, F3 | -- | -- | -- |
Footnotes (3)
- F1. Includes 4,000,000 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 Moshe Scherf, Mrs. Siboni Scherf's spouse, and, therefore, Mrs. Siboni Scherf may be deemed to beneficially own securities owned by Mr. Scherf, to the extent of her spouse's pecuniary interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
Key Figures
Key Terms
beneficially own financial
FAQ
What insider transaction did FRSX report for Sivan Scherf-Siboni on this Form 4?
How is indirect ownership by Sivan Scherf-Siboni in FRSX characterized in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.