ICL (ICL) CFO Asaf Alperovitz Receives 1.83M Stock Option Award

What Happened

Asaf Alperovitz, Chief Financial Officer of ICL Group Ltd. (ICL), was granted 1,829,268 derivative awards on August 4, 2026. The Form 4 reports the acquisition as a grant (derivative) with a reported dollar amount of $0 (typical for option grants); the exercise price is NIS 15.31, which the filing converts to about $5.05 per share using the Bank of Israel rate (NIS 3.03 = $1.00).

Key Details

• Transaction date: August 4, 2026 (filed Aug 5, 2026).
• Transaction type: Award/grant of derivative securities (stock options) — reported price $0.00 in the Form 4.
• Exercise price: NIS 15.31 per share (≈ $5.05 using the Bank of Israel rate cited in the filing).
• Vesting: Options vest in three equal annual installments beginning on the grant date (per footnote).
• Trustee: The options are held by a trustee in the name of the reporting person (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing was submitted the day after the grant date (no late‑filing flag shown).

Context

This was a compensation grant of options rather than an open‑market purchase or sale. The award does not indicate an immediate purchase or sale of underlying shares — the options must vest and be exercised (at the stated exercise price) before becoming common stock. For retail investors, option grants are common executive compensation and do not by themselves signal buying or selling of stock on the market.