Oramed (NASDAQ: ORMP) CEO receives 167,005 RSUs vesting from 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KIDRON NADAV reported acquisition or exercise transactions in this Form 4 filing.
Oramed Pharmaceuticals reported that President and CEO Nadav Kidron received a grant of 167,005 Restricted Stock Units (RSUs) of common stock at no cash cost. The award increases his direct holdings to 3,422,243 shares after the transaction.
The RSUs will vest in eight equal quarterly installments beginning April 1, 2026, aligning a portion of the CEO’s compensation with the company’s long-term performance. Each RSU represents the right to receive one share of Oramed common stock as it vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KIDRON NADAV
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 167,005 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,422,243 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Oramed (ORMP) disclose for Nadav Kidron?
Oramed disclosed that CEO Nadav Kidron received 167,005 RSUs. These restricted stock units were granted at no cash cost and represent future rights to common shares, increasing his equity-based compensation and tying part of his pay to Oramed’s long-term share performance.
What is the vesting schedule for Nadav Kidron’s 167,005 Oramed RSUs?
The 167,005 RSUs will vest in eight equal quarterly installments starting April 1, 2026. Each quarter, one-eighth of the award becomes vested, gradually delivering common shares to the CEO over a two-year period, subject to continued service and plan terms.
What does each Oramed (ORMP) RSU granted to the CEO represent?
Each RSU represents the right to receive one share of Oramed common stock. As the RSUs vest according to the quarterly schedule beginning April 1, 2026, they convert into actual shares with par value $0.012 per share, increasing the CEO’s owned stock.
Was Nadav Kidron’s Oramed RSU grant an open-market stock purchase?
No, the transaction is classified as a grant or award, not an open-market purchase. The Form 4 uses transaction code “A,” indicating a compensatory equity award of RSUs at zero price rather than a cash-funded buy in the public market.