ICL Group (NYSE: ICL) EVP discloses large vested and vesting options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ICL Group Ltd. executive Fahima Ilana, EVP and Chief People Officer, filed an initial statement of beneficial ownership showing significant stock option holdings in ICL Group.
She holds stock options over 649,180 ordinary shares with a $9.39 exercise price expiring on February 8, 2027, and options over 984,095 ordinary shares with a $5.87 exercise price expiring on April 4, 2029. According to the notes, one grant of stock options is fully vested and exercisable, while another grant vests in three equal annual installments from the April 4, 2024 grant date, with the options held by a trustee in her name.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fahima Ilana
Role
EVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 649,180 shares (Direct)
Footnotes (1)
- The stock options are fully vested and exercisable. The stock options vest in three equal annual installments from the April 4, 2024 grant date. Represents an exercise price of NIS 29.57, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.149 as of March 27, 2026. The options are held by a Trustee in the name of the Reporting Person. Represents an exercise price of NIS 18.47, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.149 as of March 27, 2026.
Key Figures
Underlying shares (first grant): 649,180 shares
Exercise price (first grant): $9.39 per share
Expiration date (first grant): February 8, 2027
+3 more
6 metrics
Underlying shares (first grant)
649,180 shares
Stock options on ordinary shares
Exercise price (first grant)
$9.39 per share
Converted from NIS 29.57 using Bank of Israel rate
Expiration date (first grant)
February 8, 2027
Stock options (right to buy) on ordinary shares
Underlying shares (second grant)
984,095 shares
Stock options on ordinary shares
Exercise price (second grant)
$5.87 per share
Converted from NIS 18.47 using Bank of Israel rate
Expiration date (second grant)
April 4, 2029
Stock options (right to buy) on ordinary shares
Key Terms
Stock Options (Right to Buy), Ordinary Shares, exercise price, Bank of Israel representative exchange rate, +1 more
5 terms
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
exercise price financial
"Represents an exercise price of NIS 29.57, converted to U.S. dollars"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Bank of Israel representative exchange rate financial
"using the Bank of Israel representative exchange rate of $1.00 to NIS 3.149"
Trustee financial
"The options are held by a Trustee in the name of the Reporting Person."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What does ICL (ICL) executive Fahima Ilana report in this Form 3?
Fahima Ilana reports her beneficial ownership of ICL stock options. The filing lists two option grants over hundreds of thousands of ordinary shares, disclosing exercise prices, expiration dates, and vesting terms, giving investors visibility into her equity-based compensation exposure.
What are the exercise prices of the ICL (ICL) stock options reported?
One option grant carries an exercise price of $9.39 per share and the other $5.87 per share. These U.S. dollar amounts reflect conversions from New Israeli Shekel exercise prices using a specified Bank of Israel representative exchange rate.
When do Fahima Ilana’s reported ICL (ICL) stock options expire?
The option grant with a $9.39 exercise price expires on February 8, 2027. The grant with a $5.87 exercise price expires on April 4, 2029. These expiration dates define the latest dates on which the options may be exercised under their current terms.
How do the ICL (ICL) stock options reported by Fahima Ilana vest?
One set of stock options is fully vested and exercisable, meaning all underlying shares are currently available to exercise. Another grant vests in three equal annual installments starting from the April 4, 2024 grant date, spreading vesting over multiple years.
Who holds the ICL (ICL) options reported by Fahima Ilana?
The filing notes that the options are held by a trustee in the name of the reporting person. This means a trustee formally holds the options on her behalf while she remains the beneficial owner of the underlying economic interests.