Kamada (KMDA) VP reports trustee-held stock option grant and return
Rhea-AI Filing Summary
Kamada Ltd Vice President of Business Development and Strategic Programs, Boris Gorelik, reported routine compensation-related option adjustments held indirectly by a trustee under the company’s 2011 Share Award Plan. On April 7, 2026, he received several employee stock option awards, each for 3,750 Ordinary Shares at an exercise price of $9.13 per share, and returned options with the same share amount but a $9.38 exercise price to the issuer. Footnotes state the exercise prices are presented in U.S. dollars based on an exchange rate as of April 6, 2026, and were adjusted under the plan in connection with a cash dividend distribution, with no other changes to the option terms. These options vest in four equal 25% annual installments from the grant date and expire on February 11, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Gorelik Boris
Role
VP, BD and Strategic Programs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 3,750 | $0.00 | $0.00 |
| Disposition | Employee Stock Option (right to buy) | 3,750 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) | 3,750 | $0.00 | $0.00 |
| Disposition | Employee Stock Option (right to buy) | 3,750 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) | 3,750 | $0.00 | $0.00 |
| Disposition | Employee Stock Option (right to buy) | 3,750 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) | 3,750 | $0.00 | $0.00 |
| Disposition | Employee Stock Option (right to buy) | 3,750 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (right to buy) — 30,000 shares (Indirect, Held by trustee)
Footnotes (4)
- F1. All exercise 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 April 6, 2026.
- F2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.
- F3. Options vest in four equal installments, with 25% vesting 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
Option grant size: 3,750 options
New exercise price: $9.13 per share
Returned option exercise price: $9.38 per share
+3 more
6 metrics
Option grant size
3,750 options
Each employee stock option award covering Ordinary Shares
New exercise price
$9.13 per share
Exercise price for granted employee stock options
Returned option exercise price
$9.38 per share
Exercise price for options disposed to issuer
Option expiration date
February 11, 2027
Expiration date of the reported stock options
Vesting schedule
25% per year over 4 years
Options vest in four equal annual installments
Derivative transactions reported
8 transactions
All classified as derivative transactions in the filing
Key Terms
Employee Stock Option (right to buy), Disposition to issuer, 2011 Share Award Plan, cash dividend distribution, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer""
cash dividend distribution financial
"in connection with a cash dividend distribution declared by the Company's board"
vest in four equal installments financial
"Options vest in four equal installments, with 25% vesting on each anniversary"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Kamada (KMDA) report for Boris Gorelik?
Kamada reported that VP Boris Gorelik received several employee stock option grants and returned matching options to the issuer. Each grant and disposition covered 3,750 Ordinary Shares, reflecting compensation-related award adjustments under the company’s 2011 Share Award Plan.
Were the Kamada (KMDA) insider option transactions open-market buys or sells?
The transactions were not open-market trades. They involved option grants classified as acquisitions and options returned to the issuer classified as dispositions, all under Kamada’s 2011 Share Award Plan and held indirectly by a trustee rather than through market purchases or sales.
What are the exercise prices of Boris Gorelik’s Kamada (KMDA) options?
The Form 4 shows new employee stock options with a $9.13 per share exercise price and options with a $9.38 exercise price returned to the issuer. Exercise prices are presented in U.S. dollars using an exchange rate as of April 6, 2026.
How do the Kamada (KMDA) options granted to Boris Gorelik vest and expire?
The options vest in four equal installments, with 25% vesting on each of the four anniversaries of the grant date. According to the filing, the options have an expiration date of February 11, 2027, if they are not exercised earlier.
Why were Kamada (KMDA) option exercise prices adjusted for Boris Gorelik?
A footnote explains the exercise price of the options was adjusted under Kamada’s 2011 Share Award Plan in connection with a cash dividend distribution declared on March 11, 2026. The filing states there were no other changes to the option award’s terms.
Are Boris Gorelik’s Kamada (KMDA) options held directly or through a trustee?
The Form 4 identifies the ownership as indirect, held by a trustee under Kamada’s 2011 Share Award Plan. This means the options are administered through the plan’s trustee rather than being held directly in Gorelik’s own name.