Shraga Ido 4
4 · CYABRA, INC. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Cyabra (CYAB) CTO Shraga Ido Receives Award of 710,549 Shares
What Happened
Shraga Ido, Chief Technology Officer of Cyabra, Inc. (CYAB), received a total of 710,549 shares on March 27, 2026. This consists of 577,549 shares issued on conversion of pre-merger Cyabra ordinary shares under the business combination with Trailblazer Merger Corporation I, and a separate grant of 133,000 restricted stock units (RSUs) under the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan. The RSUs were granted with a reported grant price of $0.00 and were fully vested upon grant (subject to the Israeli sub‑plan filing condition described below). No cash was paid for the RSUs; the conversion shares show "N/A" for price in the filing.
Key Details
- Transaction date(s): March 27, 2026; Form 4 filed March 31, 2026 (reporting period 2026-03-27). No late filing is indicated in the report.
- Share amounts: 577,549 shares (merger conversion); 133,000 RSUs (granted and fully vested).
- Prices/values: RSUs reported at $0.00 (total $0). Conversion shares listed with price "N/A" in the filing.
- Holdings after transaction: the filing does not state total post-transaction beneficial ownership for the Reporting Person in the provided summary.
- Notable footnotes:
- F1/F2: 577,549 issuer shares were received by conversion from pre-merger Cyabra ordinary shares as part of the July 22, 2024 Merger Agreement with Trailblazer.
- F3: Some shares are held by IBI Trust Management in trust for the Reporting Person.
- F4: The 133,000 RSUs are effective 30 days after Cyabra’s 2026 Israeli Sub-Plan to the 2026 Plan is filed with the Israel Tax Authority; RSUs were reported as fully vested upon grant.
Context
These transactions are awards/issuances, not open-market purchases or sales. The conversion shares are a technical result of the prior business combination and replace pre-merger holdings; the RSUs are an equity grant that the filing shows as vested on grant (subject to the administrative condition tied to the Israeli sub‑plan filing). Awards and conversions like these are common following mergers and for employee compensation and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-03-27+577,549→ 577,549 total(indirect: See footnote) - Award
Common Stock
[F4][F3]2026-03-27+133,000→ 710,549 total(indirect: See footnote)
Footnotes (4)
- [F1]Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer.
- [F2]Pursuant to the Merger Agreement, 160,000 ordinary shares of Cyabra held by the Reporting Person that were outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") were, as of the Effective Time, converted into 577,549 shares of the Issuer.
- [F3]Held by IBI Trust Management in trust for the Reporting Person.
- [F4]On March 27, 2026, the Reporting Person was granted 133,000 restricted stock units of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan (the "2026 Plan") which were fully vested upon grant. Such grant is effective 30 days after the 2026 Israeli Sub-Plan to the 2026 Plan is filed with the Israel Tax Authority.