Daar Yossef 4
Research Summary
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Cyabra (CYAB) CPO Daar Yossef Receives 710,549-Share Award
What Happened
Daar Yossef, Chief Product Officer and a director of Cyabra, Inc. (CYAB), received a total of 710,549 shares on March 27, 2026. This consists of 577,549 issuer shares issued on conversion of pre-merger Cyabra ordinary shares and 133,000 restricted stock units (RSUs) granted under the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan. The RSUs were granted fully vested and show a $0.00 purchase price (no cash paid); the conversion shares list no per-share price on the filing.
Key Details
- Transaction date: March 27, 2026. Transaction code: A (award/grant/acquisition).
- Shares received: 577,549 shares (conversion of pre-merger shares per Merger Agreement) + 133,000 RSUs = 710,549 shares total.
- Price/consideration: Conversion shares listed as N/A; RSUs show $0.00 (no cash paid).
- Holding/ownership note: 577,549 conversion shares relate to 160,000 pre‑merger ordinary shares converted per the Merger Agreement; some holdings are held by IBI Trust Management in trust for the reporting person.
- RSU effectiveness: The 133,000 RSUs were granted fully vested but the grant is effective 30 days after the 2026 Israeli Sub‑Plan is filed with the Israel Tax Authority.
- Filing timeliness: The provided report does not indicate a late filing.
Context
- The conversion shares were issued in connection with Cyabra’s business combination with Trailblazer Merger Corporation I, which converted certain pre-merger Cyabra shares into issuer shares at the effective time.
- Grants and converted shares are not sales or purchases on the market; they reflect equity issued to an insider (common following M&A or compensation plans) and do not by themselves signal a buy/sell decision.