Grant William Mark 4
Research Summary
AI-generated summary
Lifeward (LFWD) CEO Grant Receives 172,698-Share Award
What Happened
Grant William Mark, President & CEO and a director of Lifeward Ltd. (LFWD), was granted a derivative award covering 172,698 shares on 2026-03-25. The Form 4 reports an acquisition price of $0.00 (derivative), so the filing shows $0 as the transaction value; this is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-25; Form 4 filed: 2026-03-27 (timely filing).
- Transaction type: Award/Grant of derivative securities (Form 4 code A).
- Amount: 172,698 shares (derivative); reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The award vests and becomes exercisable over four years — 25% on March 25, 2027, with the remainder vesting in equal monthly installments over the next 36 months, subject to continued service and any acceleration provisions under the applicable plan and non‑qualified stock option grant.
- No sale or immediate disposition reported.
Context
This was a compensation grant (derivative award) rather than a market buy or sell; such grants are routine for executives and typically vest over time tied to continued service (as here). Because the award vests over four years, the shares are not fully owned or freely tradable at grant; economic value will depend on future vesting and any exercise terms.