Balucka Yossef 4

What Happened
DUKR (DUKE Robotics) CEO Balucka Yossef exercised stock options on July 1, 2026, resulting in the acquisition of 18,000 common shares. The Form 4 reports the shares were acquired at a reported price of $0.00 with a total reported cash consideration of $2. The filing also shows a concurrent disposition of the derivative interest (the option) for 18,000 units, which is typical when an option is exercised and converted into shares.

Key Details

• Transaction date: 2026-07-01; Form filed: 2026-07-02 (timely filing).
• Reported acquisition: 18,000 shares @ $0.00 — reported total $2.
• Reported disposition: 18,000 derivative units @ $0.00 (reflects conversion/termination of the option).
• Footnote: Option exercised in full; the award was scheduled to expire July 13, 2026, and was exercised prior to expiration per the option agreement (F1).
• Shares owned after the transaction: not specified in the provided Form 4 excerpt.

Context
Code M on a Form 4 indicates an option exercise (derivative conversion). The paired acquisition and derivative-disposition lines reflect the option being exercised and the underlying shares being issued; this is an acquisition of stock rather than an open‑market purchase. Such exercises can be routine (e.g., to capture vested value before expiration) and are factual disclosures of ownership change rather than explicit buy/sell market sentiment.