ICL EVP Kilstein Alegra Receives 731,707-Share Option Award

What Happened

Kilstein Alegra, Executive Vice President and Global CIO of ICL Group Ltd. (ICL), received a grant of 731,707 derivative securities on 2026-08-04. The filing reports the acquisition as an award (grant) with an acquired price of $0.00; the options carry an exercise price of NIS 15.31, converted to approximately $5.05 per share using the Bank of Israel rate (F1). The options are held by a trustee in the Reporting Person’s name (F3) and vest in three equal annual installments beginning on the 8/4/2026 grant date (F2). This is a compensation award (not a purchase or sale).

Key Details

• Transaction date: 2026-08-04; Form 4 filed 2026-08-05 (appears timely).
• Transaction type: Grant/Award of derivative securities (options); acquired price reported as $0.00.
• Exercise price: NIS 15.31 ≈ $5.05 per share (conversion per F1).
• Size: 731,707 options. Aggregate exercise cost to buy all underlying shares ≈ $3.7M (731,707 × ~$5.05).
• Vesting: Three equal annual installments from 8/4/2026 (F2).
• Custody: Options held by a trustee in the Reporting Person’s name (F3).
• Shares owned after transaction: Not reported in this filing.
• Filing timeliness: Filed the day after the grant — not marked late.

Context

This filing documents an option grant as part of executive compensation. It does not represent a market purchase or sale and does not indicate that shares were exercised or sold immediately. For retail investors, grants are common for retention/incentive purposes; the meaningful detail here is the option count, exercise price, vesting schedule, and trustee holding.