Kamada (KMDA) director receives 30,000 options at $7.5200 strike price
Rhea-AI Filing Summary
Kamada director Leon Recanati received a grant of 30,000 employee stock options on August 5, 2026. Each option permits purchase of one ordinary share at an exercise price of $7.5200 per share, presented in U.S. dollars as a convenience conversion from NIS using the Bank of Israel exchange rate as of August 4, 2026. The options, held indirectly by a trustee under Kamada's 2011 Share Award Plan, vest in four equal annual installments over four years and are exercisable for ten years from the grant date; 30,000 options were reported as held by Recanati after this award.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RECANATI LEON
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 shares (Indirect, Held by trustee)
Footnotes (3)
- 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.
- 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.
- 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 Ordinary Shares: 30,000 shares
+2 more
5 metrics
Options Granted
30,000 options
Employee stock option grant to Leon Recanati on August 5, 2026
Exercise Price
$7.5200 per share
Exercise price presented in U.S. dollars, converted from NIS using August 4, 2026 Bank of Israel rate
Underlying Ordinary Shares
30,000 shares
Each option is exercisable for one ordinary share
Vesting Period
4 years
25% of options vest on each anniversary of the grant date
Option Term
10 years
Options exercisable for ten years from grant date before expiring
Key Terms
Employee Stock Option (right to buy), exercise price, vest over a period of four years, 2011 Share Award Plan
4 terms
Employee Stock Option (right to buy) financial
"Security titled "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 over a period of four years financial
"The options will vest over a period of four years in four equal installments"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock option grant did Kamada (KMDA) director Leon Recanati receive?
Leon Recanati received 30,000 employee stock options on August 5, 2026. Each option covers one ordinary share with an exercise price of $7.5200 per share, reported as a convenience conversion from NIS.
What is the vesting schedule for Leon Recanati’s Kamada (KMDA) stock options?
The options vest over four years in four equal installments. 25% of the options vest on each anniversary of the grant date, until all 30,000 options are fully vested after four years.
How long are Leon Recanati’s Kamada (KMDA) options exercisable?
The options are exercisable for a period of 10 years from the grant date. Any options that remain unexercised at the end of this 10-year term will expire immediately thereafter.
How are Leon Recanati’s Kamada (KMDA) options held according to the Form 4?
The Form 4 states the options are held indirectly by a trustee under Kamada’s 2011 Share Award Plan. This means the position is reported as indirect ownership rather than directly held in his own name.
Was Leon Recanati’s Kamada (KMDA) option grant made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not selected. This means the reported grant was not identified in the filing as being made under a Rule 10b5-1 trading plan.