Kamada VP Boris Gorelik receives 15,000 stock options

The options vest in four equal installments, with 25% vesting on each of the grant date's four anniversaries.

Rhea-AI Filing Summary

KAMADA LTD's VP, BD and Strategic Programs, Boris Gorelik, reported a grant of 15,000 employee stock options on August 27, 2026. The options cover ordinary shares and are held by a trustee under the Company's 2011 Share Award Plan. The reported exercise price is $9.41 per share, presented in U.S. dollars using the Bank of Israel exchange rate as of September 22, 2026.

The options vest in four equal installments, with 25% vesting on each of the four anniversaries of the grant date. Their exercise price was adjusted from $9.57 in connection with a special cash dividend declared August 17, 2026, with an August 27, 2026 record date.

Insider Trade Summary

Grant/Award: 15,000 shares

Grant/Award 1 txn

Insider Gorelik Boris

Role VP, BD and Strategic Programs

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (right to buy) F1, F4, F2, F3	15,000	$0.00	$0.00

Holdings After Transaction: Employee Stock Option (right to buy) — 15,000 contracts (Indirect, Held by trustee)

Footnotes (4)

1. F1. The exercise prices of all options reported in this Form 4 are denominated in New Israeli Shekels (NIS). For presentation purposes, all exercise prices presented in this Form 4, including those referenced in the footnotes, are presented in U.S. dollars (USD) based on the NIS/USD exchange rate published by the Bank of Israel as of September 22, 2026.
2. F2. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.
3. F3. Held by trustee under the Company's 2011 Share Award Plan.
4. F4. This option was previously reported as covering 15,000 ordinary shares at an exercise price of $9.57. The exercise price has been adjusted in connection with a special cash dividend distribution declared by the Company's board of directors on August 17, 2026 with a record date for the special cash dividend of August 27, 2026.

Key Figures

Employee stock options: 15,000 options Exercise price: $9.41 per share Prior exercise price: $9.57 per share +1 more

4 metrics

Employee stock options 15,000 options Grant reported August 27, 2026; held by a trustee under the Company's 2011 Share Award Plan

Exercise price $9.41 per share Presented in U.S. dollars using the Bank of Israel exchange rate as of September 22, 2026

Prior exercise price $9.57 per share Adjusted in connection with a special cash dividend distribution

Vesting schedule 4 installments; 25% each One installment vests on each of the four anniversaries of the grant date

Key Terms

Employee Stock Option (right to buy), exercise prices, vest, 2011 Share Award Plan, +1 more

5 terms

Employee Stock Option (right to buy) financial

"Employee Stock Option (right to buy)"

exercise prices financial

"The exercise prices of all options reported in this Form 4"

vest financial

"Options vest 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.

2011 Share Award Plan financial

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

special cash dividend distribution financial

"adjusted in connection with a special cash dividend distribution"

FAQ

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

How many options did KMDA's VP, BD and Strategic Programs receive?

Boris Gorelik reported a grant of 15,000 employee stock options on August 27, 2026. The options cover ordinary shares and are held by a trustee under the Company's 2011 Share Award Plan.

What is the exercise price and vesting schedule for KMDA's option award?

The reported exercise price is $9.41 per share, and the options vest in four equal installments, with 25% vesting on each of the four anniversaries of the grant date. The exercise price was adjusted from $9.57 in connection with a special cash dividend declared August 17, 2026, with a record date of August 27, 2026. Prices are presented in U.S. dollars using the Bank of Israel exchange rate as of September 22, 2026.

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

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Available on EDGAR 09/24/2026 - 03:29 PM Accepted by SEC EDGAR 09/24/2026 - 03:28 PM Learn about SEC filing dates

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^*

Gorelik Boris

(Last) (First) (Middle)

221 RIVER STREET

(Street)

HOBOKEN NEW JERSEY 07030

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, BD and Strategic Programs

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026

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)	$9.41(1)(4)	08/27/2026		A		15,000		(2)	(2)	Ordinary Shares	15,000	$0.00	15,000	I	Held by trustee(3)

Explanation of Responses:

1. The exercise prices of all options reported in this Form 4 are denominated in New Israeli Shekels (NIS). For presentation purposes, all exercise prices presented in this Form 4, including those referenced in the footnotes, are presented in U.S. dollars (USD) based on the NIS/USD exchange rate published by the Bank of Israel as of September 22, 2026.

2. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

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

4. This option was previously reported as covering 15,000 ordinary shares at an exercise price of $9.57. The exercise price has been adjusted in connection with a special cash dividend distribution declared by the Company's board of directors on August 17, 2026 with a record date for the special cash dividend of August 27, 2026.

	/s/ Boris Gorelik	09/24/2026
	** 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)