Shraga Ido 4
Research Summary
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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.