Turbogen director reports 36K-share stake
Turbogen Ltd. (TRBG) reported the initial equity holdings of director Deri David.
Rhea-AI Filing Summary
Turbogen Ltd. (TRBG) reported the initial equity holdings of director Deri David. He holds 36,123 ordinary shares directly and options over 30,177 ordinary shares.
The options were granted on March 9, 2025, with an exercise price of NIS 8.95 per share, which for this report was converted to $2.99 per share using an exchange rate of NIS 2.994 to $1.00 as of August 24, 2026. They vest in three equal installments of 33.3% beginning March 9, 2025; as of August 25, 2026, 20,118 options are fully vested and none have been exercised into ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Deri David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share option (right to buy) F2, F1 | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Share option (right to buy) — 30,177 contracts (Direct);
Ordinary shares — 36,123 shares (Direct)
Footnotes (2)
- F1. A total of 30,177 options were granted on March 9, 2025 and vest in three equal installments of 33.3% beginning March 9, 2025. As of August 25, 2026, 20,118 options are fully vested and none have been exercised into ordinary shares.
- F2. The options were granted with an exercise price of NIS 8.95 per share. For purposes of this Form 3, the exercise price has been converted into U.S. dollars using an exchange rate of NIS 2.994 to USD $1.00 as of August 24, 2026, resulting in an exercise price of $2.99 per share.
Key Figures
Ordinary shares held: 36,123 shares
Options granted: 30,177 options
Vested options: 20,118 options
+3 more
6 metrics
Ordinary shares held
36,123 shares
Direct holdings reported by director Deri David
Options granted
30,177 options
Options over ordinary shares granted on March 9, 2025
Vested options
20,118 options
Options fully vested as of August 25, 2026
Exercise price (NIS)
NIS 8.95 per share
Original exercise price of the options
Exercise price (USD equivalent)
$2.99 per share
Converted using exchange rate as of August 24, 2026
Exchange rate
NIS 2.994 = $1.00
Rate used to convert the exercise price into U.S. dollars
Key Terms
exercise price, vest in three equal installments, ordinary shares, exchange rate
4 terms
exercise price financial
"The options were granted with an exercise price of NIS 8.95 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest in three equal installments financial
"A total of 30,177 options were granted on March 9, 2025 and vest in three equal installments of 33.3% beginning March 9, 2025."
exchange rate financial
"For purposes of this Form 3, the exercise price has been converted into U.S. dollars using an exchange rate of NIS 2.994 to USD $1.00 as of August 24, 2026."
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
FAQ
What insider ownership does TRBG director Deri David report?
Deri David reports direct ownership of 36,123 ordinary shares of Turbogen Ltd. and options over an additional 30,177 ordinary shares. These positions reflect his initial reported holdings as a director.
How many stock options does TRBG director Deri David hold and how do they vest?
He holds 30,177 options, granted on March 9, 2025, and vesting in three equal installments of 33.3% beginning March 9, 2025. As of August 25, 2026, 20,118 options are fully vested and none have been exercised.
What is the exercise price of Deri David’s options in TRBG?
The options were granted with an exercise price of NIS 8.95 per share. For this disclosure, the company converted that amount to $2.99 per share using an exchange rate of NIS 2.994 to USD $1.00 as of August 24, 2026.
How many TRBG options held by Deri David are vested as of August 25, 2026?
As of August 25, 2026, 20,118 options held by Deri David are fully vested. The disclosure also states that none of these vested options have yet been exercised into ordinary shares.
Does the TRBG disclosure indicate any option exercises by Deri David?
No. The disclosure states that as of August 25, 2026, none of the 30,177 granted options have been exercised into ordinary shares, even though 20,118 of them are fully vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.
