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Doron Kempel details TG-17 (OBAI) insider common, preferred and options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

TG-17, Inc. insider Doron Kempel, the Chief Executive Officer, director and 10% owner of OBAI, filed an initial ownership report listing his beneficial stakes. He directly holds 165,780 shares of common stock and indirectly benefits from 2,503,431 common shares owned by VFTG, L.P., over which he has sole voting and investment control.

The filing also lists preferred and option positions that can convert into common stock. These include Series B-1 and Series B-3 Convertible Preferred Stock, convertible into 3,114,460 and 28,964/389,457 common shares at an exercise price of $0.4875 per share, as well as 10,000 shares of Series F Preferred Stock, each convertible into one common share. In addition, he holds equity option awards over 1,545,472, 1,545,472 and 1,094,320 common shares with exercise prices of $0.4203 and $1.17.

Positive

  • None.

Negative

  • None.
Insider Kempel Doron
Role Chief Executive Officer
Type Security Shares Price Value
holding Series B-1 Convertible Preferred Stock -- -- --
holding Series B-3 Convertible Preferred Stock -- -- --
holding Series B-3 Convertible Preferred Stock -- -- --
holding Series F Convertible Preferred Stock -- -- --
holding Equity Option Award -- -- --
holding Equity Option Award -- -- --
holding Equity Option Award -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Series B-1 Convertible Preferred Stock — 3,114,460 shares (Indirect, These shares are owned by VFTG, L.P., over which Mr. Kempel has sole voting and investment control.); Series B-3 Convertible Preferred Stock — 28,964 shares (Direct); Series B-3 Convertible Preferred Stock — 389,457 shares (Indirect, These shares are owned by VFTG, L.P., over which Mr. Kempel has sole voting and investment control.); Series F Convertible Preferred Stock — 10,000 shares (Direct); Equity Option Award — 1,545,472 shares (Direct); Common Stock — 165,780 shares (Direct); Common Stock — 2,503,431 shares (Indirect, These shares are owned by VFTG, L.P., over which Mr. Kempel has sole voting and investment control.)
Footnotes (1)
  1. Each share of Series F Preferred Stock convertible into one (1) share of Common Stock, without the payment of any additional consideration. This series of Preferred Stock does not have an expiration date
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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: 3235-0104
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1. Name and Address of Reporting Person*
Kempel Doron

(Last) (First) (Middle)
85 BROAD STREET

(Street)
NEW YORK NY 10004

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/04/2026
3. Issuer Name and Ticker or Trading Symbol
TG-17, Inc. [ OBAI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 165,780 D
Common Stock 2,503,431 I These shares are owned by VFTG, L.P., over which Mr. Kempel has sole voting and investment control.
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series B-1 Convertible Preferred Stock 11/17/2023 (2) Common Stock 3,114,460 $0.4875 I These shares are owned by VFTG, L.P., over which Mr. Kempel has sole voting and investment control.
Series B-3 Convertible Preferred Stock 11/17/2023 (2) Common Stock 28,964 $0.4875 D
Series B-3 Convertible Preferred Stock 11/17/2023 (2) Common Stock 389,457 $0.4875 I These shares are owned by VFTG, L.P., over which Mr. Kempel has sole voting and investment control.
Series F Convertible Preferred Stock 06/19/2025 (2) Common Stock 10,000 (1) D
Equity Option Award 08/17/2022 05/29/2034 Common Stock 1,545,472 $0.4203 D
Equity Option Award 02/01/2024 05/29/2034 Common Stock 1,545,472 $0.4203 D
Equity Option Award 08/17/2026 06/28/2035 Common Stock 1,094,320 $1.17 D
Explanation of Responses:
1. Each share of Series F Preferred Stock convertible into one (1) share of Common Stock, without the payment of any additional consideration.
2. This series of Preferred Stock does not have an expiration date
/s/ Doron Kempel 02/12/2026
** 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 5 (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

What does Doron Kempel report owning in TG-17, Inc. (OBAI)?

Doron Kempel reports direct and indirect beneficial ownership of TG-17, Inc. securities. He directly holds 165,780 common shares and indirectly benefits from 2,503,431 common shares held by VFTG, L.P., plus multiple series of convertible preferred stock and large equity option awards.

How many TG-17 (OBAI) common shares does Doron Kempel own directly and indirectly?

He directly owns 165,780 TG-17 common shares and indirectly benefits from 2,503,431 common shares. The indirect shares are held by VFTG, L.P., where he has sole voting and investment control, according to the ownership disclosure.

What preferred stock holdings linked to TG-17 (OBAI) does Doron Kempel disclose?

He lists Series B-1 and Series B-3 Convertible Preferred Stock and Series F Preferred Stock. These positions are convertible into common stock, including 3,114,460 common shares from Series B-1 and additional shares from Series B-3 and 10,000 Series F shares convertible one-for-one.

What equity option awards in TG-17 (OBAI) does Doron Kempel hold?

He holds three equity option awards over 1,545,472, 1,545,472 and 1,094,320 TG-17 common shares. The exercise prices disclosed are $0.4203 and $1.17 per share, with expiration dates in 2034 and 2035, reflecting long-term incentive arrangements.

Is this TG-17 (OBAI) filing a report of a trade or just holdings?

This document is an initial ownership report listing Doron Kempel’s beneficial holdings. The transactions are classified as holdings rather than explicit purchases or sales, so it functions as a snapshot of his positions rather than a record of new trading activity.