Kamada director granted 46,000 stock options

Both awards vest in four equal annual installments, and their exercise prices were adjusted in connection with a special cash dividend.

Rhea-AI Filing Summary

KAMADA LTD director Dekel Benjamin reported two employee stock-option awards on August 27, 2026, held by a trustee under the company's 2011 Share Award Plan: one covering 16,000 ordinary shares at a $6.10 exercise price and another covering 30,000 ordinary shares at $7.38. The exercise prices were adjusted in connection with a special cash dividend declared August 17, 2026, with an August 27, 2026 record date. The options vest over four years in four equal installments and are exercisable for 10 years following the grant date. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Grant/Award: 46,000 shares

Grant/Award 2 txns

Insider Dekel Benjamin

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (right to buy) F1, F4, F2, F3	16,000	$0.00	$0.00
Grant/Award	Employee Stock Option (right to buy) F1, F5, F2, F3	30,000	$0.00	$0.00

Holdings After Transaction: Employee Stock Option (right to buy) — 46,000 contracts (Indirect, Held by trustee)

Footnotes (5)

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. 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.
4. F4. This option was previously reported as covering 16,000 ordinary shares at an exercise price of $6.27. 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.
5. F5. This option was previously reported as covering 30,000 ordinary shares at an exercise price of $7.55. 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

Options covering ordinary shares: 16,000 options covering 16,000 ordinary shares Exercise price: $6.10 per share Options covering ordinary shares: 30,000 options covering 30,000 ordinary shares +3 more

6 metrics

Options covering ordinary shares 16,000 options covering 16,000 ordinary shares Award dated August 27, 2026

Exercise price $6.10 per share Option covering 16,000 ordinary shares

Options covering ordinary shares 30,000 options covering 30,000 ordinary shares Award dated August 27, 2026

Exercise price $7.38 per share Option covering 30,000 ordinary shares

Vesting 25% on each anniversary over four years Options vest in four equal installments

Exercise period 10 years Following the grant date

Key Terms

exercise prices, vest over a period of four years, record date, 2011 Share Award Plan

4 terms

exercise prices financial

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

vest over a period of four years technical

"The options will vest over a period of four years"

record date financial

"record date for the special cash dividend of August 27, 2026"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

2011 Share Award Plan technical

"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 option awards did KMDA director Dekel Benjamin report?

Dekel Benjamin reported two employee stock-option awards dated August 27, 2026, held by a trustee under KAMADA LTD's 2011 Share Award Plan. One covers 16,000 ordinary shares and the other covers 30,000 ordinary shares.

What are the exercise prices for the KMDA option awards?

The reported exercise prices are $6.10 for the option covering 16,000 ordinary shares and $7.38 for the option covering 30,000 ordinary shares. The exercise prices are denominated in NIS and presented in USD using the exchange rate stated in the footnote.

How do the KMDA options vest and when can they be exercised?

The options vest over four years in four equal installments, with 25% vesting on each anniversary of the grant date. They are exercisable for 10 years following the grant date, after which unexercised options expire.

Why were the KMDA option exercise prices adjusted?

The exercise prices were adjusted in connection with a special cash dividend distribution declared August 17, 2026. The dividend's record date was August 27, 2026.

Were the KMDA option awards reported under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported. The options are held by a trustee under KAMADA LTD's 2011 Share Award Plan.

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

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Available on EDGAR 09/23/2026 - 12:58 PM Accepted by SEC EDGAR 09/23/2026 - 12:58 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^*

Dekel Benjamin

(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)
08/27/2026

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)	$6.1(1)(4)	08/27/2026		A		16,000		(2)	(2)	Ordinary Shares	16,000	$0.00	16,000	I	Held by trustee(3)
Employee Stock Option (right to buy)	$7.38(1)(5)	08/27/2026		A		30,000		(2)	(2)	Ordinary Shares	30,000	$0.00	30,000	I	Held by trustee(3)

Explanation of Responses:

1. The exercise 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. 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.

4. This option was previously reported as covering 16,000 ordinary shares at an exercise price of $6.27. 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.

5. This option was previously reported as covering 30,000 ordinary shares at an exercise price of $7.55. 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/ Benjamin Dekel	09/23/2026
	** 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)