NewcelX (NCEL) director discloses initial 9,117-share option grant
Rhea-AI Filing Summary
NewcelX Ltd. director Galili Tamar filed an initial ownership report showing an option to purchase 9,117 ordinary shares. The option has an exercise price of $7.6200 per share and expires on November 4, 2035. As of this filing, options to purchase 759 ordinary shares are vested and currently exercisable, while the remaining options vest in 11 equal quarterly installments beginning on May 4, 2026, subject to continued service. The options were granted under the NewcelX Ltd. Share Option Plan Regulation 2021 and, to qualify for certain Israeli tax benefits, must be registered in the name of a trustee.
Positive
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Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Galili Tamar
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option to Purchase Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Ordinary Shares — 9,117 shares (Direct)
Footnotes (2)
- F1. As of the date of this Form 3, options to purchase 759 ordinary shares are vested and currently exercisable. The remaining options vest and become exercisable beginning on May 4, 2026 in 11 equal installments on a quarterly basis, subject to the Reporting Person's continued service.
- F2. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the NewcelX Ltd. Share Option Plan Regulation 2021 must be registered in the name of a trustee.
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FAQ
What does the NewcelX (NCEL) Form 3 filing by Galili Tamar show?
The Form 3 filing shows director Galili Tamar holds an option to purchase 9,117 ordinary shares of NewcelX. It details the option’s $7.6200 exercise price, November 4, 2035 expiration, and current and future vesting schedule.
How many NewcelX (NCEL) options held by Galili Tamar are currently vested?
As of the Form 3 date, options to purchase 759 ordinary shares are vested and currently exercisable. The remaining options become exercisable in 11 equal quarterly installments starting May 4, 2026, conditional on Galili Tamar’s continued service with NewcelX.
What are the key terms of Galili Tamar’s NewcelX (NCEL) stock options?
Galili Tamar’s option covers 9,117 underlying ordinary shares with an exercise price of $7.6200 per share and an expiration date of November 4, 2035. Vesting is partly completed, with the remainder vesting quarterly starting May 4, 2026.
How do Israeli tax rules affect NewcelX (NCEL) options reported in this Form 3?
To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued under the NewcelX Share Option Plan Regulation 2021 must be registered in the name of a trustee. This structure is part of the option arrangement reported.
Is the NewcelX (NCEL) Form 3 filing a buy or sell transaction?
The Form 3 is an initial ownership report and does not show a new buy or sell. It discloses an existing option position for 9,117 underlying shares, including how many are vested and the future vesting schedule for the remaining options.