Director David Tsur details Kamada (KMDA) share and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Kamada Ltd director David Tsur has filed an initial ownership report showing direct holdings of 607,929 Ordinary Shares of the company.
He also holds several grants of options to purchase Ordinary Shares, each covering either 6,625 or 7,500 underlying shares at exercise prices of $7.5200 and $6.1500, with expiration dates ranging from September 25, 2026 to June 22, 2029. According to the footnotes, these options are exercisable using a net-exercise method, and the exercise prices shown in U.S. dollars reflect a convenience translation from NIS based on the Bank of Israel representative exchange rate as of March 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Tsur David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options to purchase Ordinary Shares | -- | -- | -- |
| holding | Options to purchase Ordinary Shares | -- | -- | -- |
| holding | Options to purchase Ordinary Shares | -- | -- | -- |
| holding | Options to purchase Ordinary Shares | -- | -- | -- |
| holding | Options to purchase Ordinary Shares | -- | -- | -- |
| holding | Options to purchase Ordinary Shares | -- | -- | -- |
| holding | Options to purchase Ordinary Shares | -- | -- | -- |
| holding | Options to purchase Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options to purchase Ordinary Shares — 6,625 shares (Direct);
Ordinary Shares — 607,929 shares (Direct)
Footnotes (1)
- These options to purchase ordinary shares are exercisable using a net-exercise method. All exercise prices presented in U.S. dollars represent a convenience translation from NIS based on the representative exchange rate of the Bank of Israel as of March 13, 2026.
FAQ
What does Kamada (KMDA) director David Tsur report in this Form 3?
David Tsur reports direct ownership of 607,929 Ordinary Shares of Kamada Ltd. He also discloses multiple option grants to purchase additional Ordinary Shares, providing transparency into both his current equity stake and potential future share ownership through options.
What option grants are disclosed for David Tsur in Kamada (KMDA)’s Form 3?
The filing lists several options to purchase Ordinary Shares, each covering either 6,625 or 7,500 underlying shares. These options carry exercise prices of $7.5200 or $6.1500 and have expiration dates between September 2026 and June 2029.
How are David Tsur’s Kamada (KMDA) options exercisable according to the Form 3 footnotes?
The footnotes state that the disclosed options to purchase Ordinary Shares are exercisable using a net-exercise method. Under net exercise, the holder receives fewer shares instead of paying cash, using part of the option value to cover the exercise cost and related obligations.
Why are David Tsur’s Kamada (KMDA) option exercise prices shown in U.S. dollars?
The filing explains that all exercise prices shown in U.S. dollars are a convenience translation from NIS. They are based on the Bank of Israel’s representative exchange rate as of March 13, 2026, helping U.S. investors interpret the option terms more easily.
Do David Tsur’s Kamada (KMDA) options have specified expiration dates?
Yes. The disclosed options to purchase Ordinary Shares have expiration dates ranging from September 25, 2026 to June 22, 2029. These dates indicate the final days on which the options may be exercised under the terms reported in the Form 3.