Kamada exec exercises options into 2,776 shares
Rhea-AI Filing Summary
KAMADA LTD (KMDA) reported that VP Quality Yael Brenner exercised employee stock options into ordinary shares on August 26, 2026. Three derivative transactions each covered options to purchase 10,000 ordinary shares at an exercise price of $6.25 per share, held by a trustee under the company’s 2011 Share Award Plan. According to the footnotes, a net exercise of a 10,000-share option resulted in Brenner receiving 2,776 ordinary shares while 7,224 shares underlying that option were withheld to cover the exercise price and tax withholdings, using the $8.58 closing stock price on August 26, 2026. Related non-derivative entries reflect the receipt of ordinary shares and the withholding of shares for payment of the exercise price or tax liabilities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 21,672 shares
Net Buy
9 txns
Insider
Brenner Yael
Role
VP Quality
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F1, F3, F4 | 10,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F1, F3, F4 | 10,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F1, F3, F4 | 10,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 10,000 | $6.25 | $63K |
| Exercise Price or Tax Liability | Ordinary Shares F2, F1 | 2,776 | $8.58 | $24K |
| Exercise | Ordinary Shares F1 | 10,000 | $6.25 | $63K |
| Exercise Price or Tax Liability | Ordinary Shares F2, F1 | 2,776 | $8.58 | $24K |
| Exercise | Ordinary Shares F1 | 10,000 | $6.25 | $63K |
| Exercise Price or Tax Liability | Ordinary Shares F2, F1 | 2,776 | $8.58 | $24K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Indirect, Held by trustee);
Ordinary Shares — 6,266 shares (Direct)
Footnotes (4)
- F1. All exercise and sale 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 August 26, 2026.
- F2. Represents a "net exercise" of outstanding stock options. The reporting person received 2,776 ordinary shares on net exercise of option to purchase 10,000 ordinary shares. The Company withheld 7,224 ordinary shares underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on August 26, 2026 of $8.58, pursuant to the terms of the Company's 2011 Share Award Plan.
- F3. Options vested in four equal installments, with 25% vested on each of the four anniversaries of the date of grant.
- F4. Held by trustee under the Company's 2011 Share Award Plan.
Key Figures
Employee stock option size: 10,000 ordinary shares
Option exercise price: $6.25 per share
Shares received on net exercise: 2,776 ordinary shares
+2 more
5 metrics
Employee stock option size
10,000 ordinary shares
Per option net exercise described in the footnote
Option exercise price
$6.25 per share
Exercise price for the employee stock options, converted from NIS
Shares received on net exercise
2,776 ordinary shares
Received from net exercise of an option to purchase 10,000 ordinary shares
Shares withheld on net exercise
7,224 ordinary shares
Withheld from a 10,000-share option for exercise price and tax withholdings
Closing stock price used for withholding
$8.58 per share
KMDA closing price on August 26, 2026 used to calculate withheld shares
Key Terms
Employee Stock Option (right to buy), net exercise, exercise price, tax withholdings, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title "Employee Stock Option (right to buy)""
net exercise financial
"Represents a "net exercise" of outstanding stock options."
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
exercise price financial
"for payment of the exercise price and tax withholdings"
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.
tax withholdings financial
"for payment of the exercise price and tax withholdings"
FAQ
What insider transaction did KMDA executive Yael Brenner report on August 26, 2026?
Yael Brenner reported exercising employee stock options covering 10,000 ordinary shares per option at an exercise price of $6.25 per share, resulting in ordinary shares being issued and some shares withheld to cover the exercise price and tax withholdings.
What was the option exercise price in the KMDA Form 4 for Yael Brenner?
The employee stock options exercised by Yael Brenner had an exercise price of $6.25 per share, converted from NIS using the Bank of Israel exchange rate as of August 26, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
