Intercure (INCR) director reports 15,000 share options at $3.10 strike

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Intercure Ltd. director Granot Alon Shmuel reported an initial holding of share options giving the right to buy 15,000 Ordinary Shares. These options carry an exercise price of $3.10 per share, based on converting a NIS 9.50 price at an exchange rate of NIS 3.06 to $1.00. The options were granted on September 5, 2024, vest quarterly over four years from the grant date, and expire on September 5, 2028.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Granot Alon Shmuel

Role null

Type	Security	Shares	Price	Value
holding	Share options (right to buy)	--	--	--

Holdings After Transaction: Share options (right to buy) — 15,000 shares (Direct, null)

Footnotes (1)

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Key Figures

Underlying option shares: 15,000 shares Exercise price (USD): $3.10 per share Exercise price (NIS): NIS 9.50 per share +3 more

6 metrics

Underlying option shares 15,000 shares Ordinary Shares underlying director options

Exercise price (USD) $3.10 per share Converted for Form 3 disclosure

Exercise price (NIS) NIS 9.50 per share Original option grant exercise price

FX rate used NIS 3.06 = $1.00 Conversion rate as of April 14, 2026

Option term 4 years vesting Quarterly vesting from September 5, 2024

Option expiration September 5, 2028 Expiration date of share options

Key Terms

Share options (right to buy), exercise price, vesting, Form 3

4 terms

exercise price financial

"the current exercise price is NIS 9.50 per share"

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.

vesting financial

"The options vest on a quarterly basis over four years"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 3 regulatory

"For purposes of this Form 3, the exercise price has been converted"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

Understanding Insider Trading Forms →

04/20/2026 - 04:01 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Granot Alon Shmuel

(Last)

(First)

(Middle)

85 MEDINAT HA-YEHUDIM STREET

(Street)

HERZLIYA

4676670

(City)

(State)

(Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Intercure Ltd. [ INCR ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Share options (right to buy)⁽¹⁾	09/30/2024	09/05/2028	Ordinary Shares	15,000	$3.1	D

Explanation of Responses:

1. The options were granted on September 5, 2024, and the current exercise price is NIS 9.50 per share. For purposes of this Form 3, the exercise price has been converted into U.S. dollars using an exchange rate of NIS 3.06 to USD $1.00 as of April 14, 2026, resulting in an exercise price of $3.10 per share. The options vest on a quarterly basis over four years from the date of grant.

	/s/ Alon Shmuel Granot	04/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider position does Granot Alon Shmuel report on Intercure (INCR) Form 3?

Granot Alon Shmuel reports holding share options to buy 15,000 Intercure Ordinary Shares. These options represent a derivative position, not current share ownership, and establish his baseline equity-linked holdings as a director in the company’s public disclosures.

What is the exercise price of Granot Alon Shmuel’s Intercure (INCR) options?

The options have an exercise price of NIS 9.50 per share, converted to $3.10 for Form 3 using an exchange rate of NIS 3.06 to $1.00. This is the price he must pay per share if he chooses to exercise.

How many Intercure (INCR) shares are covered by Granot Alon Shmuel’s options?

The reported options are exercisable into 15,000 Intercure Ordinary Shares. This figure reflects the underlying shares tied to the option grant and defines the size of his potential equity stake if the options are fully exercised in the future.

When do Granot Alon Shmuel’s Intercure (INCR) options vest and expire?

The options were granted on September 5, 2024, and vest on a quarterly schedule over four years from that date. They expire on September 5, 2028, giving a defined window during which they can be exercised before they lapse.

Does the Intercure (INCR) Form 3 show any recent insider buying or selling?

The Form 3 shows a holding entry for existing share options rather than a new purchase or sale. It establishes Granot Alon Shmuel’s current derivative position in Intercure but does not report open-market buying, selling, or recent transactional activity.