VisionWave Holdings (SVRE) increases SaverOne position with ADS purchase and issuance

Rhea-AI Filing Summary

VisionWave Holdings, Inc., which is deemed a director of SaverOne 2014 Ltd. by deputization, reported an open-market purchase and a related share issuance tied to an Exchange Agreement. On June 16, 2026, it acquired 7,556 American Depositary Shares (ADSs) at $3.48 per ADS on Nasdaq. Each ADS represents 43,200 ordinary shares, so these ADSs correspond to the ordinary shares reported for that transaction.

In connection with completing stages 2 and 3 of the Exchange Agreement dated January 26, 2026, the issuer issued 384,450 ADSs at $6.93 per ADS, again representing the underlying ordinary shares in the filing. After these transactions, VisionWave beneficially owns 24,429,816,000 ordinary shares and has sole voting and dispositive power over them. The footnotes state it has no other equity or derivative securities of SaverOne beyond those previously reported.

Insights

Insider transactions analyst

VisionWave adds to SaverOne stake via ADS purchase and share issuance.

The filing shows VisionWave Holdings, Inc. increasing its exposure to SaverOne 2014 Ltd. through an open-market purchase of 7,556 ADSs at $3.48 and an additional issuance of 384,450 ADSs at $6.93 under an Exchange Agreement.

Both transactions relate to American Depositary Shares, each representing 43,200 ordinary shares, and are recorded as direct beneficial ownership with sole voting and dispositive power. There are no remaining derivative positions disclosed, suggesting the position is entirely in ordinary shares as of these dates.

Post-transaction holdings of 24,429,816,000 ordinary shares indicate a substantial stake, but the document frames the J-code event as completing stages of a previously signed Exchange Agreement, which is more structural than discretionary trading. Overall, this appears as routine ownership consolidation rather than a thesis-changing move.

Insider Trade Summary

Net Buyer: 326,419,200 shares ($1,135,938,816)

Net Buy 2 txns

Insider VisionWave Holdings, Inc.

Role null

Bought 326,419,200 shs ($1.14B)

Type	Security	Shares	Price	Value
Other	Ordinary Shares	16,608,240,000	$6.93	$115.10B
Purchase	Ordinary Shares	326,419,200	$3.48	$1.14B

Holdings After Transaction: Ordinary Shares — 24,429,816,000 shares (Direct, null)

Footnotes (1)

1. The price reported is the price per American Depositary Share ("ADS") acquired in an open-market transaction on The Nasdaq Stock Market LLC. Each ADS represents 43,200 ordinary shares of the Issuer pursuant to the ADS ratio effective February 25, 2026. The Reporting Person acquired 7,556 ADSs on June 16, 2026 at $3.48, and via-vis completing stage 2 &3 of the Exchange Agreement dated January 26, 2026 by the issuer issued additional 384,450 ADSs at $6.93, resulting in the underlying ordinary shares reported. The Reporting Person is deemed a director of the Issuer under Section 16(a) by deputization due to its designation and control over Douglas Davis, who serves on the Issuer's Board of Directors pursuant to rights granted under the Exchange Agreement dated January 26, 2026. Reflects beneficial ownership following the reported transactions. The Reporting Person has sole voting and dispositive power over these shares. No other equity securities or derivative securities of the Issuer are beneficially owned by the Reporting Person as of the date hereof, except as previously reported on Form filed June 7, 2026.

Key Figures

Open-market ADS purchase: 7,556 ADSs at $3.48 ADS issuance under Exchange Agreement: 384,450 ADSs at $6.93 ADS to ordinary share ratio: 1 ADS = 43,200 ordinary shares +3 more

6 metrics

Open-market ADS purchase 7,556 ADSs at $3.48 Acquired on June 16, 2026 on Nasdaq

ADS issuance under Exchange Agreement 384,450 ADSs at $6.93 Issued completing stages 2 & 3 of January 26, 2026 agreement

ADS to ordinary share ratio 1 ADS = 43,200 ordinary shares ADS ratio effective February 25, 2026

Restructuring ordinary shares 16,608,240,000 ordinary shares Underlying shares from J-code ADS issuance

Open-market ordinary shares 326,419,200 ordinary shares Underlying shares from P-code ADS purchase

Total holdings after transactions 24,429,816,000 ordinary shares Beneficial ownership following reported transactions

Key Terms

American Depositary Share, ADS ratio, Exchange Agreement, deputization, +2 more

6 terms

American Depositary Share financial

"The price reported is the price per American Depositary Share ("ADS") acquired in an open-market transaction"

An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.

ADS ratio financial

"Each ADS represents 43,200 ordinary shares of the Issuer pursuant to the ADS ratio effective February 25, 2026"

The ads ratio measures the proportion of a company's revenue that comes from advertising activities compared to other sources. It helps investors understand how much of a company's income depends on advertising efforts, similar to how a restaurant's income might rely heavily on dine-in sales versus takeout. A higher ads ratio indicates a greater dependence on advertising-related revenue, which can signal potential risks or opportunities depending on market trends.

Exchange Agreement financial

"via-vis completing stage 2 &3 of the Exchange Agreement dated January 26, 2026"

A written deal in which two parties agree to swap assets, securities or obligations under set terms—think of it as a formal swap or trade contract. For investors it matters because such agreements can change who owns what, alter a company’s capital structure, affect future cash flows or dilute existing shares, and therefore influence value and risk in a straightforward, contract-driven way.

deputization financial

"The Reporting Person is deemed a director of the Issuer under Section 16(a) by deputization"

beneficial ownership financial

"Reflects beneficial ownership following the reported transactions"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

dispositive power financial

"The Reporting Person has sole voting and dispositive power over these shares"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 06:07 AM Accepted by SEC EDGAR 07/06/2026 - 06:07 AM Learn about SEC filing dates

FAQ

What insider transactions did VisionWave report in SaverOne (SVRE) shares?

VisionWave reported two transactions involving SaverOne. It bought 7,556 ADSs at $3.48 in an open-market trade and received 384,450 ADSs at $6.93 issued under an Exchange Agreement, both representing underlying ordinary shares.

How many SaverOne (SVRE) shares does VisionWave hold after these transactions?

Following the reported transactions, VisionWave beneficially owns 24,429,816,000 ordinary shares of SaverOne. This figure reflects the ordinary shares underlying the ADSs acquired and issued, with VisionWave holding sole voting and dispositive power over this position.

What prices did VisionWave pay for SaverOne (SVRE) ADSs in these Form 4 transactions?

VisionWave acquired 7,556 ADSs at $3.48 per ADS in an open-market purchase and received 384,450 ADSs at $6.93 per ADS through the Exchange Agreement. Both prices are disclosed explicitly and apply at the ADS level, not ordinary shares.

What does each SaverOne (SVRE) ADS represent in terms of ordinary shares?

Each SaverOne ADS represents 43,200 ordinary shares, according to the ADS ratio effective February 25, 2026. The Form 4 states that the ADS counts and this ratio together produce the large ordinary share figures reported for VisionWave’s beneficial ownership.

How is VisionWave considered a director of SaverOne (SVRE) under Section 16?

VisionWave is deemed a director by deputization because it designates and controls Douglas Davis, who serves on SaverOne’s Board under rights granted in the Exchange Agreement dated January 26, 2026. This status brings VisionWave’s holdings under Section 16 reporting rules.

Does VisionWave hold any SaverOne (SVRE) derivative securities after these transactions?

The footnotes state that, as of the reporting date, VisionWave has no other equity or derivative securities of SaverOne beyond those previously reported. The derivativeSummary in the data is empty, indicating no additional options, warrants, or similar instruments in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

VisionWave Holdings, Inc.

(Last) (First) (Middle)

300 DELAWARE AVE.

SUITE 310 #301

(Street)

WILMINGTON DELAWARE 19801

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SaverOne 2014 Ltd. [ SVRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	06/16/2026		P		326,419,200	A	$3.48(1)	14,240,404,800(2)	D
Ordinary Shares	06/26/2026		J		16,608,240,000	A	$6.93(1)	24,429,816,000(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is the price per American Depositary Share ("ADS") acquired in an open-market transaction on The Nasdaq Stock Market LLC. Each ADS represents 43,200 ordinary shares of the Issuer pursuant to the ADS ratio effective February 25, 2026. The Reporting Person acquired 7,556 ADSs on June 16, 2026 at $3.48, and via-vis completing stage 2 &3 of the Exchange Agreement dated January 26, 2026 by the issuer issued additional 384,450 ADSs at $6.93, resulting in the underlying ordinary shares reported.

2. The Reporting Person is deemed a director of the Issuer under Section 16(a) by deputization due to its designation and control over Douglas Davis, who serves on the Issuer's Board of Directors pursuant to rights granted under the Exchange Agreement dated January 26, 2026. Reflects beneficial ownership following the reported transactions. The Reporting Person has sole voting and dispositive power over these shares. No other equity securities or derivative securities of the Issuer are beneficially owned by the Reporting Person as of the date hereof, except as previously reported on Form filed June 7, 2026.

	/s/ Douglas Davis	07/06/2026
	** Signature of Reporting Person	Date
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 4 (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 4: SEC 1474 (03-26)