Borenstein Phillip 4

What Happened Phillip Borenstein, a director of Nano Dimension Ltd. (NNDM), received an award of 60,000 restricted stock units (RSUs) on January 1, 2026. The award was reported as an "A" (award/grant) on a Form 4; the RSUs were granted at $0.00 per unit (no immediate cash exchange). These RSUs represent the contingent right to receive one ordinary share per unit upon settlement.

Key Details

• Transaction date: 2026-01-01; filing date (Form 4): 2026-05-29 (appears late relative to the typical 2-business-day reporting requirement).
• Award: 60,000 RSUs granted; reported acquisition price $0.00 (units convert to shares upon settlement).
• Vesting schedule (footnote): vests in three equal parts on Jan 1, 2027, Jan 1, 2028, and Jan 1, 2029, subject to continuous service.
• Shares owned after the transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding, or cashless exercise noted in the filing.

Context RSU grants are a common form of equity compensation for executives and directors and do not involve an immediate purchase or sale of shares. Because these RSUs vest over time and convert to shares only upon settlement, they do not necessarily signal immediate bullish or bearish insider trading intent. The filing’s delay reduces near-term transparency for investors and is worth noting when tracking insider activity.