Kamada director reports option holdings, price adjustments
KAMADA LTD director Lilach Asher-Topilsky has filed an initial Form 3 detailing existing employee stock option holdings held by a trustee under the company’s 2011 Share Award Plan.
Rhea-AI Filing Summary
KAMADA LTD director Lilach Asher-Topilsky has filed an initial Form 3 detailing existing employee stock option holdings held by a trustee under the company’s 2011 Share Award Plan. The options relate to 6,625 underlying Ordinary Shares at an exercise price of $7.60 and 7,500 underlying Ordinary Shares at $6.17, with tranches vesting in four equal annual installments. The exercise prices were adjusted from $7.85 to $7.60 and from $6.42 to $6.17 following a cash dividend declared on March 11, 2026; no other award terms changed and no new buy or sell transactions are reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Asher-Topilsky Lilach
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 56,500 contracts (Indirect, Held by trustee)
Footnotes (4)
- F1. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.
- F2. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 16, 2026.
- F3. The exercise price of the options was adjusted from $7.85 to $7.60 and from $6.42 to $6.17, respectively, pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.
- F4. Held by trustee under the Company's 2011 Share Award Plan.
Key Figures
Option exercise price: $7.60 per share
Underlying shares at $7.60: 6,625 underlying shares
Option exercise price: $6.17 per share
+3 more
6 metrics
Option exercise price
$7.60 per share
Employee stock options over 6,625 underlying Ordinary Shares, expiration September 25, 2026
Underlying shares at $7.60
6,625 underlying shares
Employee stock options held indirectly by trustee under 2011 Share Award Plan
Option exercise price
$6.17 per share
Employee stock options over 7,500 underlying Ordinary Shares, expiration June 22, 2029
Underlying shares at $6.17
7,500 underlying shares
Employee stock options held indirectly by trustee under 2011 Share Award Plan
Adjusted exercise price
$7.85 to $7.60
Price adjustment pursuant to 2011 Share Award Plan after March 11, 2026 cash dividend
Adjusted exercise price
$6.42 to $6.17
Price adjustment pursuant to 2011 Share Award Plan after March 11, 2026 cash dividend
Key Terms
Employee Stock Option (right to buy), exercise price, cash dividend distribution, 2011 Share Award Plan, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
exercise price financial
"The exercise price of the options was adjusted from $7.85 to $7.60 and from $6.42 to $6.17"
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.
cash dividend distribution financial
"in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026"
vest in four equal installments financial
"Options vest in four equal installments, with 25% vesting on each of the four anniversaries"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the KAMADA LTD (KMDA) Form 3 filing by Lilach Asher-Topilsky show?
The Form 3 shows Lilach Asher-Topilsky’s existing indirect holdings of employee stock options in Kamada. These options are held by a trustee under the 2011 Share Award Plan and relate to Ordinary Shares with specified exercise prices and expiration dates, without reporting any new trades.
What employee stock options does the KMDA director hold according to this Form 3?
The filing reports options over 6,625 underlying Ordinary Shares at a $7.60 exercise price and 7,500 underlying Ordinary Shares at a $6.17 exercise price. All positions are indirect, held by a trustee, and reflect existing awards rather than newly executed transactions.
Why were KMDA option exercise prices adjusted in this director’s Form 3?
Exercise prices were adjusted after a cash dividend distribution declared on March 11, 2026. Under Kamada’s 2011 Share Award Plan, dividend events led to exercise price changes from $7.85 to $7.60 and from $6.42 to $6.17, without altering any other award terms.
Are the KMDA options in this Form 3 held directly by Lilach Asher-Topilsky?
No. The Form 3 specifies that the options are held indirectly by a trustee under Kamada’s 2011 Share Award Plan. This means the trustee is the formal holder, even though the economic interest is associated with the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
