Leon Recanati details Kamada (KMDA) share and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Kamada Ltd director Leon Recanati filed an initial ownership report showing substantial holdings in the company. He directly owns 631,143 Ordinary Shares and indirectly holds 1,455,459 Ordinary Shares through GOV Holdings and 1,346,335 Ordinary Shares through Insight. He also holds several option grants to purchase Ordinary Shares at exercise prices of $7.52 and $6.15, with expirations in 2026 and 2029. The options are exercisable using a net-exercise method, which settles only the in-the-money value in shares rather than requiring full cash payment.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
RECANATI LEON
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 | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options to purchase Ordinary Shares — 6,625 shares (Direct);
Ordinary Shares — 631,143 shares (Direct);
Ordinary Shares — 1,455,459 shares (Indirect, Held through controlled entity- GOV Holdings)
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 Leon Recanati’s Form 3 filing for Kamada (KMDA) show?
The Form 3 shows Leon Recanati’s initial ownership in Kamada. He reports large direct and indirect holdings of Ordinary Shares plus multiple option grants, establishing his baseline stake as a director for future comparison with any later Form 4 or 5 transactions.
What indirect Kamada (KMDA) holdings does Leon Recanati report?
He reports 1,455,459 Ordinary Shares held indirectly through GOV Holdings and 1,346,335 Ordinary Shares held indirectly through Insight. These positions are attributed to entities he controls, expanding his overall economic exposure beyond his directly registered shares.
What stock options does Leon Recanati hold in Kamada (KMDA)?
He holds several options to purchase Kamada Ordinary Shares with exercise prices of $7.52 and $6.15, expiring between 2026 and 2029. Each option series is tied to a specific number of underlying shares and is exercisable using a net-exercise method.
What does net-exercise mean for Leon Recanati’s Kamada (KMDA) options?
Net-exercise allows options to be settled by delivering only the in-the-money value in shares. Instead of paying the full exercise price in cash, a portion of the underlying shares is withheld, simplifying exercise while still increasing the holder’s effective equity position.
Does this Kamada (KMDA) Form 3 show any recent buying or selling by Leon Recanati?
No specific purchases or sales are identified; the entries are labeled as holdings with unknown transaction codes. The filing primarily establishes his existing direct, indirect, and option positions rather than reporting new open-market transactions or recent changes in ownership.