Zion Oil & Gas (ZNOG) director discloses new 25,000-share option award

Rhea-AI Filing Summary

Zion Oil & Gas director reports new stock option grant

A director of Zion Oil & Gas, Inc. disclosed acquiring a new stock option on 01/06/2026. The derivative security is an option on ZNOG common stock with an exercise price of $0.01 per share. The filing shows 25,000 derivative securities acquired, corresponding to 25,000 shares of ZNOG common stock. The option becomes exercisable on 01/06/2026 and has an expiration date of 01/05/2036. Following this transaction, the reporting person beneficially owns 2,005,000 derivative securities with direct ownership.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Moskowitz Jeffrey

Role Director

Type	Security	Shares	Price	Value
Grant/Award	ZNOG Common Stock Option	25,000	$0.00	$0.00

Holdings After Transaction: ZNOG Common Stock Option — 2,005,000 shares (Direct)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/07/2026 - 12:29 PM Learn about SEC filing dates

FAQ

What insider transaction did ZNOG report in this Form 4 filing?

A director of Zion Oil & Gas, Inc. (ZNOG) reported acquiring a stock option on 01/06/2026 for 25,000 derivative securities tied to ZNOG common stock.

What are the key terms of the new ZNOG stock option reported?

The option on ZNOG common stock has an exercise price of $0.01 per share, covers 25,000 shares, became exercisable on 01/06/2026, and expires on 01/05/2036.

How many ZNOG shares underlie the reported stock option?

The reported derivative security is an option on ZNOG common stock with an underlying amount of 25,000 shares of ZNOG common stock.

What is the reporting person’s total derivative holdings in ZNOG after this transaction?

After the transaction, the reporting person beneficially owns 2,005,000 derivative securities related to ZNOG, reported with direct ownership.

When does the newly reported ZNOG stock option expire?

The newly reported ZNOG stock option has an expiration date of 01/05/2036, as shown in the filing.

Who signed the Form 4 related to the ZNOG option grant?

The Form 4 was signed by /s/ Martin M. Van Brauman on 01/07/2026.

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^*

Moskowitz Jeffrey

(Last) (First) (Middle)

12222 MERIT DRIVE

SUITE 1450

(Street)

DALLAS TX 75251

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ZION OIL & GAS INC [ ZNOG ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

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

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

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

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

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
ZNOG Common Stock Option	$0.01	01/06/2026	01/06/2026	A		25,000		01/06/2026	01/05/2036	ZNOG Common Stock Par Value $0.01	25,000	$0	2,005,000	D

Explanation of Responses:

	/s/ Martin M. Van Brauman	01/07/2026
	** 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.