ORMP Schedule 13D/A: Nadav Kidron Reports 3.12M Shares After RSU/PSU Vesting
Rhea-AI Filing Summary
Oramed Pharmaceuticals insider amendment outlines updated beneficial ownership and equity awards for reporting person Nadav Kidron. Mr. Kidron reports beneficial ownership of 3,116,729 shares, representing approximately 7.6% of the company’s outstanding common stock based on 41,003,600 shares outstanding. The filing discloses 762,750 stock options exercisable or issuable within 60 days, 63,541 RSUs vesting within 60 days, 73,500 vested-but-not-issued RSUs and 218,603 shares held by a former director, Xiaopeng Li. The amendment details grants since the original Schedule 13D, including RSU and PSU awards with specified vesting events and that certain PSUs vested on February 11, 2025.
Positive
- Reporting person beneficial ownership increased to 3,116,729 shares, representing approximately 7.6% of outstanding common stock
- Significant equity awards vested: 186,000 PSUs vested on February 11, 2025 and earlier PSUs also vested, increasing reported holdings
- Substantial exercisable options and near-term RSU vesting: 762,750 options exercisable within 60 days and 63,541 RSUs vesting within 60 days enhance immediate ownership
- Sole voting and dispositive power over 2,898,126 shares, indicating clear control over most reported shares
Negative
- None.
Insights
TL;DR: Reporting person holds 7.6% of ORMP after option/RSU/PSU vesting—material ownership but appears routine for executive compensation.
The filing quantifies Mr. Kidron’s stake at 3,116,729 shares, including options exercisable within 60 days and recently vested PSUs and RSUs. The inclusion of exercisable options and near-term vesting RSUs increases his beneficial ownership percentage for disclosure purposes. This level of insider ownership is sizable relative to total shares outstanding and signals alignment with shareholders; however, the amendment primarily documents compensation-related vesting rather than an open-market accumulation or control change.
TL;DR: Amendment clarifies voting and dispositive power and discloses shares held by a former director; no contractual changes disclosed.
The statement confirms sole voting and dispositive power over 2,898,126 shares and shared voting power over 218,603 shares held by Xiaopeng Li. The filing does not amend purpose, agreements, or control arrangements. It documents equity award grants and performance-based vesting that increased reportable holdings, and it preserves prior Schedule 13D disclosures except as updated here.