STOCK TITAN

Lifeward Insider Grant: 71.8K RSUs Awarded to Director Joseph E. Turk Jr.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Form 4 snapshot for Lifeward Ltd. (LFWD): On 08/01/2025 director Joseph E. Turk Jr. received 71,839 restricted stock units (RSUs) under the 2025 Incentive Compensation Plan. The award carries no cash consideration (price $0.00) and will vest in four equal quarterly tranches beginning three months after the grant date.

The filing also shows a disposition of 18,516 ordinary shares and reports total indirect beneficial ownership of 86,457 ordinary shares held through the company ESOP following the transactions. No derivative securities were involved.

Because the RSUs are an equity-based incentive, cash flow is unaffected; any dilution impact is minimal relative to Lifeward’s outstanding share count (not disclosed in the filing). The transaction signals continued board-level alignment with shareholders but does not, by itself, alter the firm’s fundamentals or outlook.

Positive

  • Alignment of interests: 71,839 RSUs tie director compensation directly to LFWD share performance.

Negative

  • Potential dilution: New RSUs increase share count, albeit likely immaterial in total.

Insights

TL;DR: Director granted 71.8k RSUs; holdings rise to 86.5k shares; neutral impact, modest dilution.

Insider equity grants are routine retention tools. The award equals roughly one quarter of the director’s existing holdings, vesting over a year, which encourages short-term engagement without immediate share supply on the market. Because the grant price is zero, no cash changes hands and GAAP expense will be amortised over the vesting period, but is immaterial at corporate scale. The simultaneous disposal of 18.5k shares offsets part of the award, suggesting portfolio rebalancing rather than bullish conviction. Overall market impact: neutral.

Insider Turk Joseph E Jr
Role Director
Type Security Shares Price Value
Grant/Award Ordinary Shares, par value NIS 1.75 per share 71,839 $0.00 --
holding Ordinary Shares, par value NIS 1.75 per share -- -- --
Holdings After Transaction: Ordinary Shares, par value NIS 1.75 per share — 86,457 shares (Indirect, ESOP); Ordinary Shares, par value NIS 1.75 per share — 18,516 shares (Direct)
Footnotes (1)
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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*
Turk Joseph E Jr

(Last) (First) (Middle)
C/O LIFEWARD LTD.
200 DONALD LYNCH BLVD.

(Street)
MARLBOROUGH MA 01752

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lifeward Ltd. [ LFWD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Ordinary Shares, par value NIS 1.75 per share 08/01/2025 A 71,839(1) A $0.00 86,457 I ESOP
Ordinary Shares, par value NIS 1.75 per share 18,516 D
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
Explanation of Responses:
1. Represents 71,839 ordinary shares, par value NIS 1.75 per share, issuable upon the vesting of restricted stock units ("RSUs") granted on August 1, 2025 (the "Grant Date") under the Lifeward Ltd. 2025 Incentive Compensation Plan. The RSUs vest ratably in four equal quarterly installments starting three months following the Grant Date.
/s/ Almog Adar, as Attorney-in-Fact 08/07/2025
** 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.

FAQ

How many Lifeward (LFWD) shares did Joseph E. Turk Jr. acquire?

He was granted 71,839 RSUs on 08/01/2025 at no cash cost.

What is the vesting schedule for the new RSUs?

The RSUs vest ratably in four quarterly installments starting three months after the grant date.

How many LFWD shares does the director now own?

After the reported transactions he indirectly owns 86,457 ordinary shares through the ESOP.

Were any shares sold in this Form 4?

Yes, a disposition of 18,516 ordinary shares was reported.

Does the filing include derivative securities?

No derivative securities were reported in Table II.