Kamada director granted 30,000 stock options

Kamada Ltd director Assaf Itshayek received a grant of 30,000 Employee Stock Options to acquire Ordinary Shares at an exercise price of $7.5200 per share.

Accepted by SEC EDGAR 08/06/2026 - 07:00 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Kamada Ltd director Assaf Itshayek received a grant of 30,000 Employee Stock Options to acquire Ordinary Shares at an exercise price of $7.5200 per share. The options vest in four equal annual installments over four years, are exercisable for 10 years, and are held indirectly by a trustee under Kamada's 2011 Share Award Plan.

Insider Trade Summary

Grant/Award: 30,000 shares

Grant/Award 1 txn

Insider ITSHAYEK ASSAF

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (right to buy) F1, F2, F3	30,000	$0.00	$0.00

Holdings After Transaction: Employee Stock Option (right to buy) — 30,000 contracts (Indirect, Held by trustee)

Holdings Before and After: Employee Stock Option (right to buy), 0 to 30,000 contracts (Indirect, Held by trustee)

Footnotes (3)

1. F1. The exercise price 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 4, 2026.
2. F2. The options will vest over a period of four years in four equal installments, such that 25% of the options will vest on each anniversary of the grant date. The options will be exercisable for a period of 10 years following the date of grant, and all unexercised options will expire immediately thereafter.
3. F3. Held by trustee under the Company's 2011 Share Award Plan.

Key Figures

Options granted: 30,000 options Exercise price: $7.5200 per share Underlying shares: 30,000 shares +3 more

6 metrics

Options granted 30,000 options Employee Stock Option grant to Assaf Itshayek on 2026-08-05

Exercise price $7.5200 per share Exercise price for the Employee Stock Options, converted from NIS

Underlying shares 30,000 shares Each option is exercisable for one Ordinary Share

Vesting period 4 years Options vest in four equal annual installments of 25% each year

Option term 10 years Options exercisable for 10 years from grant; unexercised options then expire

Total options after grant 30,000 options Total derivative holdings reported following this transaction

Key Terms

Employee Stock Option (right to buy), exercise price, vest, trustee, +1 more

5 terms

Employee Stock Option (right to buy) financial

"Security title reported as Employee Stock Option (right to buy)"

exercise price financial

"The exercise price presented in U.S. dollars represent a convenience conversion"

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.

vest financial

"The options will vest over a period of four years in four equal installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

trustee financial

"Held by trustee under the Company's 2011 Share Award Plan."

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

2011 Share Award Plan financial

"Held by trustee under the Company's 2011 Share Award Plan."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Kamada (KMDA) report for director Assaf Itshayek?

Director Assaf Itshayek received a grant of 30,000 Employee Stock Options to acquire Kamada Ordinary Shares. The options are held indirectly by a trustee under Kamada's 2011 Share Award Plan and represent a compensation-related equity award rather than an open-market trade.

How many stock options were granted to Assaf Itshayek by Kamada (KMDA)?

Assaf Itshayek was granted 30,000 Employee Stock Options. Each option is exercisable for one Ordinary Share, so the grant covers 30,000 underlying shares. Following this award, his indirectly held derivative position reported in this transaction totals 30,000 options.

What is the exercise price and term of the KMDA options granted to Assaf Itshayek?

The options carry an exercise price of $7.5200 per share, converted from NIS using a Bank of Israel exchange rate. They are exercisable for 10 years from the grant date, after which any unexercised options expire immediately.

What is the vesting schedule for Assaf Itshayek's Kamada (KMDA) stock options?

The 30,000 options vest over four years in four equal installments. 25% of the options vest on each anniversary of the grant date, so the award becomes fully vested after the fourth anniversary if service and other plan conditions are satisfied.

How are Assaf Itshayek's KMDA options held according to the report?

The options are reported as indirectly owned and are held by a trustee under Kamada's 2011 Share Award Plan. This means a trustee entity holds the options on his behalf within the framework of the company's equity compensation plan.

Are Assaf Itshayek's KMDA options reported under a Rule 10b5-1 trading plan?

The reported data shows the Rule 10b5-1 checkbox was not marked for this award. The transaction is characterized as a grant or award acquisition of employee stock options, not as a sale or purchase executed under a pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ITSHAYEK ASSAF

(Last) (First) (Middle)

2 HOLTZMAN ST.

(Street)

REHOVOT

(City) (State) (Zip)

ISRAEL

(Country)

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

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$7.52(1)	08/05/2026		A		30,000		(2)	(2)	Ordinary Shares	30,000	$0.00	30,000	I	Held by trustee(3)

Explanation of Responses:

1. The exercise price 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 4, 2026.

2. The options will vest over a period of four years in four equal installments, such that 25% of the options will vest on each anniversary of the grant date. The options will be exercisable for a period of 10 years following the date of grant, and all unexercised options will expire immediately thereafter.

3. Held by trustee under the Company's 2011 Share Award Plan.

	/s/ Assaf Itshayek	08/06/2026
	** 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 4 (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 4: SEC 1474 (03-26)