Orbach Yeshayhu 4

What Happened

• Director Yeshayhu Orbach had 2,969 restricted stock units (RSUs) settle on June 18, 2026. The Form 4 records an exercise/conversion entry (code M) for 2,969 shares acquired and a simultaneous disposition entry for 2,969 shares at $0.00. No cash open-market sale is reported — this reflects settlement of RSUs rather than a sale to a third party.

Key Details

• Transaction date: 2026-06-18
• Report filed: 2026-06-18 (filed on time)
• Transactions recorded: Code M (exercise/conversion of derivative) — 2,969 shares acquired; 2,969 shares disposed at $0.00
• Price / value: Acquired price N/A; disposed price $0.00 (no proceeds reported)
• Shares owned after transaction: Not specified in the filing
• Relevant footnotes:
  • F1: Each RSU equals the right to receive one ordinary share; this filing reports the settlement.
  • F2: The RSUs vested in full on the transaction date.
  • F3: These securities are held by a trustee pursuant to the issuer’s equity incentive plan.

Context

• This is a routine equity compensation settlement (RSUs vesting/settlement), not an open-market purchase or sale. The $0.00 disposition typically indicates transfer to a trustee or withholding action related to settlement (not a market sale). These events are compensation-related and do not, by themselves, signal a buy or sell decision in the open market.