Kamada (KMDA) director and 10% owner details 22M shares and options

Rhea-AI Filing Summary

Kamada Ltd director and 10% owner Davidi Ishay has filed an initial Form 3 detailing his ownership in the company. The filing reports indirect ownership of 22,084,287 Ordinary Shares held through controlled entities. It also lists several option grants over Ordinary Shares with exercise prices of 7.5200 and 6.1500 per share, expiring on September 25, 2026 and June 22, 2029. Each option grant covers either 6,625 or 7,500 underlying Ordinary Shares and is exercisable using a net-exercise method, with exercise prices translated from NIS to U.S. dollars based on a Bank of Israel exchange rate.

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

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1. Name and Address of Reporting Person^*

DAVIDI ISHAY

(Last) (First) (Middle)

94 YIGAL ALON ST., ALON TOWER 2.

(Street)

TEL AVIV 6789139

(City) (State) (Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/23/2026

3. Issuer Name and Ticker or Trading Symbol
KAMADA LTD [ KMDA ]

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	X	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)
Ordinary Shares	22,084,287	I	Held through controlled entities(1)

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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options to purchase Ordinary Shares(2)	03/25/2021	09/25/2026	Ordinary Shares	6,625	$7.52(3)	D
Options to purchase Ordinary Shares(2)	03/25/2022	09/25/2026	Ordinary Shares	6,625	$7.52(3)	D
Options to purchase Ordinary Shares(2)	03/25/2023	09/25/2026	Ordinary Shares	6,625	$7.52(3)	D
Options to purchase Ordinary Shares(2)	12/22/2023	06/22/2029	Ordinary Shares	7,500	$6.15(3)	D
Options to purchase Ordinary Shares(2)	03/25/2024	09/25/2026	Ordinary Shares	6,625	$7.52(3)	D
Options to purchase Ordinary Shares(2)	12/22/2024	06/22/2029	Ordinary Shares	7,500	$6.15(3)	D
Options to purchase Ordinary Shares(2)	12/22/2025	06/22/2029	Ordinary Shares	7,500	$6.15(3)	D
Options to purchase Ordinary Shares(2)	12/22/2026	06/22/2029	Ordinary Shares	7,500	$6.15(3)	D

Explanation of Responses:

1. FIMI Opportunity Fund 6, L.P., FIMI Israel Opportunity Fund 6, Limited Partnership, FIMI Opportunity 7, L.P. and FIMI Israel Opportunity Fund 7, Limited Partnership

2. These options to purchase ordinary shares are exercisable using a net-exercise method

3. 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.

	/s/ Ishay Davidi	03/23/2026
	** 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)

FAQ

What does the Kamada (KMDA) Form 3 filing by Davidi Ishay show?

The Form 3 shows Davidi Ishay’s existing ownership in Kamada Ltd. It reports indirect holdings of 22,084,287 Ordinary Shares through controlled entities and several option grants over additional Ordinary Shares, providing a baseline view of his equity position as a director and 10% owner.

How many Kamada (KMDA) Ordinary Shares does Davidi Ishay indirectly own?

The filing reports indirect ownership of 22,084,287 Ordinary Shares. These shares are held through controlled entities, as described in the ownership table. This figure reflects his indirect equity stake separate from the options to purchase additional Ordinary Shares disclosed in the same filing.

What stock options over Kamada (KMDA) shares are reported in the Form 3?

The Form 3 lists multiple options to purchase Kamada Ordinary Shares. Grants cover 6,625 underlying shares at an exercise price of 7.5200 per share and 7,500 underlying shares at 6.1500 per share, with expirations on September 25, 2026 and June 22, 2029, respectively.

How are Kamada (KMDA) option exercise prices presented in Davidi Ishay’s Form 3?

The option exercise prices are presented in U.S. dollars as a convenience translation. The filing notes they were converted from NIS based on the Bank of Israel representative exchange rate as of March 13, 2026, giving investors values in a widely used currency.

What does “net-exercise method” mean for Kamada (KMDA) options in this filing?

The filing states these options are exercisable using a net-exercise method. This generally means the holder receives only the net number of shares after using a portion of the underlying shares to satisfy the exercise cost, instead of paying the full price in cash.

Does the Kamada (KMDA) Form 3 indicate recent buying or selling by Davidi Ishay?

The Form 3 primarily records existing holdings rather than new trades. Transactions are categorized as holdings with unknown transaction codes, and the summary shows no buy or sell counts, emphasizing disclosure of current ownership and option positions instead of recent market activity.