Teva (TEVA) director receives 7,242 restricted share units as award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zaks Tal Zvi reported acquisition or exercise transactions in this Form 4 filing.
TEVA PHARMACEUTICAL INDUSTRIES LTD director Tal Zvi Zaks received a grant of 7,242 restricted share units. The grant was made on May 28, 2026 as equity compensation, not as an open-market purchase.
Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share. The units vest on May 28, 2027. Following this grant, Zaks holds 7,242 restricted share units directly, each linked to an equal number of underlying ordinary shares, which may be represented by American Depositary Shares on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zaks Tal Zvi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 7,242 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 7,242 shares (Direct, null)
Footnotes (1)
- Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share. Restricted share units were granted on May 28, 2026 and vest on May 28, 2027. The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
Key Figures
RSUs granted: 7,242 units
Post-grant RSU holdings: 7,242 units
Exercise/conversion price: $0.0000 per unit
+2 more
5 metrics
RSUs granted
7,242 units
Restricted share units granted May 28, 2026
Post-grant RSU holdings
7,242 units
Total restricted share units held directly after transaction
Exercise/conversion price
$0.0000 per unit
Restricted share units granted at no exercise price
Vesting date
May 28, 2027
Restricted share units vest in full on this date
Underlying ordinary shares
7,242 shares
Each restricted share unit linked to one ordinary share
Key Terms
Restricted Share Units, contingent right, Human Resources and Compensation Committee, American Depositary Shares
4 terms
contingent right financial
"represents a contingent right to receive, at settlement, one ordinary share or the cash value"
Human Resources and Compensation Committee financial
"or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share"
A board-level committee that oversees a company’s pay and personnel policies, including executive compensation, employee benefits, hiring, leadership development and succession planning. It matters to investors because the committee shapes incentives, labor costs and management continuity—factors that affect performance, risk and shareholder value—like a coach setting rules and pay that influence how a team performs.
FAQ
What did Tal Zvi Zaks receive in this TEVA Form 4 filing?
Tal Zvi Zaks received a grant of 7,242 restricted share units as equity compensation. Each unit is linked to one ordinary share, or equivalent cash value, subject to vesting conditions and committee discretion.
Does this TEVA Form 4 show an open-market stock purchase or sale?
No, the Form 4 shows a compensation-related grant coded as an acquisition, not an open-market trade. The restricted share units were awarded at no exercise price, reflecting an equity incentive grant rather than a buy or sell decision.