SciSparc Ltd. (SPRC) amends Form 3, detailing RSU and option holdings
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
SciSparc Ltd. director Shrem Itschak filed an amended initial ownership report, updating disclosures of equity holdings and related footnotes. The amendment reports 11,058 Ordinary Shares held directly and a stock option over 6 Ordinary Shares at an exercise price of 31941.0000 per share, expiring January 3, 2028. It also clarifies that current holdings include 10,000 RSUs vesting in quarterly installments of 1,250 shares through December 18, 2027 and 1,058 RSUs vesting in quarterly installments of 132 shares through June 20, 2026, with each RSU representing one Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shrem Itschak
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock option (right to buy) — 6 shares (Direct);
Ordinary Shares — 11,058 shares (Direct)
Footnotes (1)
- This Form is filed solely as an amendment to the Form 3 filed on March 18, 2026. This amendment amends and restates the first footnote in Table I as follows: "Includes (i) 10,000 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") in quarterly installments of 1,250 Ordinary Shares through December 18, 2027; and (ii) 1,058 Ordinary Shares issuable upon the vesting of RSUs in equal quarterly installments of 132 Ordinary Shares through June 20, 2026. Each RSU represents the right to receive one Ordinary Share." This amendment amends and restates Table II of the initial Form 3, as provided herein. No amendment is made hereby to any other footnotes of the initial Form 3.
Key Figures
Ordinary Shares Held: 11,058 shares
Stock Option Underlying Shares: 6 shares
Option Exercise Price: 31941.0000
+3 more
6 metrics
Ordinary Shares Held
11,058 shares
Direct ownership after reported holdings as of March 18, 2026
Stock Option Underlying Shares
6 shares
Underlying Ordinary Shares for stock option position
Option Exercise Price
31941.0000
Exercise price per share for stock option expiring January 3, 2028
Option Expiration Date
2028-01-03
Expiration date of reported stock option (right to buy)
RSUs Tranche 1
10,000 RSUs
Vest in quarterly installments of 1,250 Ordinary Shares through December 18, 2027
RSUs Tranche 2
1,058 RSUs
Vest in quarterly installments of 132 Ordinary Shares through June 20, 2026
Key Terms
restricted share units, RSUs, Stock option (right to buy
3 terms
RSUs financial
"RSUs in quarterly installments of 1,250 Ordinary Shares through December 18, 2027"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Stock option (right to buy financial
"Stock option (right to buy) relating to Ordinary Shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does SciSparc Ltd. (SPRC) disclose in this amended Form 3 for Shrem Itschak?
The amendment reports 11,058 Ordinary Shares held directly, a stock option over 6 shares, and clarifies RSU holdings totaling 11,058 RSUs with specified quarterly vesting schedules through 2026 and 2027.
What stock option position does the SciSparc (SPRC) director report in the amended Form 3?
The director reports a stock option (right to buy) relating to 6 underlying Ordinary Shares with an exercise price of 31941.0000 per share and an expiration date of January 3, 2028.
How are SciSparc (SPRC) RSUs structured for Shrem Itschak in this amendment?
The amendment states 10,000 RSUs vest in quarterly installments of 1,250 shares through December 18, 2027 and 1,058 RSUs vest in quarterly installments of 132 shares through June 20, 2026, each RSU equaling one Ordinary Share.
Is this SciSparc (SPRC) Form 3/A reporting new insider transactions or just updating prior information?
The document serves as an amendment to the initial Form 3, restating the first footnote in Table I and replacing Table II. It characterizes entries as holdings rather than new buy or sell transactions.