Oramed (NASDAQ: ORMP) COO receives 95,889 RSUs vesting from 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hexter Joshua reported acquisition or exercise transactions in this Form 4 filing.
ORAMED PHARMACEUTICALS INC. reported that its COO & CBO, Joshua Hexter, received a grant of 95,889 shares of Common Stock in the form of Restricted Stock Units. These RSUs will vest in eight equal quarterly installments beginning on April 1, 2026, with each RSU delivering one share upon vesting. Following this award, Hexter directly holds a total of 1,160,384 shares of the company’s common stock, reflecting a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hexter Joshua
Role
COO & CBO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 95,889 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,160,384 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Oramed (ORMP) report for Joshua Hexter?
Oramed reported that COO & CBO Joshua Hexter received 95,889 Restricted Stock Units as an equity award. These RSUs are a compensation grant, not an open-market share purchase, and increase his direct holdings to 1,160,384 shares of Oramed common stock.
How do the 95,889 RSUs granted to Oramed’s COO vest over time?
The 95,889 Restricted Stock Units granted to Oramed’s COO vest ratably in eight quarterly installments. Vesting begins on April 1, 2026, meaning one-eighth of the RSUs convert into common shares every quarter until fully vested over the defined schedule.
Is Joshua Hexter’s Oramed (ORMP) RSU award an open-market stock purchase?
No, the 95,889-share award is a grant of Restricted Stock Units, not an open-market purchase. It represents compensation awarded by Oramed that converts into common shares over time, subject to the quarterly vesting schedule starting April 1, 2026.
What does each Oramed Restricted Stock Unit (RSU) granted to Hexter represent?
Each RSU granted to Hexter represents the right to receive one share of Oramed common stock, with a par value of $0.012 per share. Shares are delivered only as the RSUs vest according to the eight-quarter schedule starting April 1, 2026.