Hexter Joshua 4
Research Summary
AI-generated summary
Oramed (ORMP) COO Joshua Hexter Receives 95,889 RSU Award
What Happened
- Joshua Hexter, Chief Operating Officer and Chief Business Officer of Oramed Pharmaceuticals, was granted 95,889 restricted stock units (RSUs) on 2026-03-17. The reported acquisition price is $0.00 (an equity award, not a cash purchase). Each RSU represents the right to receive one share of Oramed common stock as the units vest.
Key Details
- Transaction date: 2026-03-17 (reported on Form 4 filed 2026-03-18).
- Transaction type/code: Award/Grant (A).
- Units granted: 95,889 RSUs; reported acquisition price $0.00 (award).
- Vesting: RSUs vest ratably in 8 quarterly installments beginning April 1, 2026 (i.e., over ~2 years).
- Each RSU converts to one share upon vesting (par value $0.012 per share).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: Filing appears timely (reported the next day); no late-report indication in this record.
Context
- RSUs are compensation awards that convert to shares as they vest; they are not an open-market purchase or sale. Because vesting is spread over eight quarters, the award is a retention/compensation incentive rather than an immediate change in share ownership.
- This filing does not indicate any sale, exercise, or tax-withholding details. No inference about Hexter’s personal trading intent should be drawn from the award alone.