DarioHealth (DRIO) Director John R. Palumbo Receives 62,000-Share Award

What Happened

• John R. Palumbo, a director of DarioHealth Corp. (DRIO), was granted 62,000 restricted shares on 2026-09-24. The shares were reported as acquired at a price of $0.00, so the reported cash value of the acquisition is $0. This is an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-24; Form 4 filed: 2026-09-28 (appears to be filed within the two-business-day window).
• Shares granted: 62,000 restricted shares; reported acquisition price: $0.00; total reported cash outlay: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The restricted share award vests on the second anniversary of the grant date (2028-09-24).
• Transaction type: Award/Grant (A). No 10b5-1 plan, tax withholding, or sale was reported in this filing.

Context

• Restricted share awards typically vest over time and are not immediately tradable; the two-year vesting means these shares remain subject to forfeiture or other vesting conditions until 2028-09-24. Such grants are common for director compensation and do not by themselves indicate an immediate change in market exposure.