Pompeo Michael 4

What Happened

• Michael Pompeo, a director of Cyabra, Inc. (CYAB), was granted an award on 2026-03-27 consisting of derivative rights (options) covering 101,072 shares. The filing lists the transaction as an award/acquisition of a derivative instrument; no dollar price or exercise price is reported in the Form 4. Footnotes state the options were fully vested upon grant.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-03-31 (timely filing).
• Transaction type: Award / grant of derivative securities (options) for 101,072 shares; price reported as N/A.
• Vesting: Options were fully vested upon grant (F1).
• Merger context: The award was issued in connection with the issuer’s business combination with Trailblazer Merger Corporation I (per Merger Agreement) (F2).
• Related adjustment: 28,000 pre-existing Cyabra options held by the reporting person were cancelled and replaced by options in the issuer under the Cyabra, Inc. 2026 Equity Incentive Plan, subject to the same terms as before (F3).
• Shares owned after transaction: Not specified in the provided filing details.

Context

• This is an equity award of options (a derivative), not an open-market purchase or sale. Fully vested on grant means the options can be exercised immediately under their terms, but the filing does not show an exercise, sale, or any cash change—only the grant of the option rights. Because no exercise price or dollar value is given, the economic value of the award is not reported here.
• Awards issued in a merger are common as part of converting or replacing pre-existing equity awards; they do not necessarily signal an insider buying or selling shares.