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SciSparc Ltd. (SPRC) amends Form 3, detailing RSU and option holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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
restricted share units financial
"Includes 10,000 ordinary shares ... issuable upon the vesting of restricted share units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
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"

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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.

How many SciSparc (SPRC) Ordinary Shares does Shrem Itschak report owning after this amendment?

The filing lists 11,058 Ordinary Shares held directly. This reflects the equity position reported as of March 18, 2026, separate from additional shares that may be issued upon future RSU vesting or option exercise.

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.
SEC Form 3
FORM 3UNITED 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
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Shrem Itschak

(Last)(First)(Middle)
20 RAUL WALLENBERG STREET
TOWER A, TEL AVIV, ISRAEL

(Street)
TEL AVIV6971916

(City)(State)(Zip)

ISRAEL

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
SciSparc Ltd. [ SPRC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Ordinary Shares11,058(1)D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Stock option (right to buy)01/03/202201/03/2028Ordinary Shares6(2)$31,941D
Explanation of Responses:
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."
2. 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.
/s/ Itschak Shrem07/13/2026
** Signature of Reporting PersonDate
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.
* Form 3: SEC 1473 (03-26)