Krinsky Itzhak 4

What Happened
Itzhak Krinsky, a director of PolyPid Ltd. (PYPD), was granted a derivative award for 9,132 shares on July 15, 2026. The award is reported at $4.46 per share for a total reported value of $40,729. This was an acquisition/grant (not a sale) of derivative securities.

Key Details

• Transaction date: July 15, 2026; filing date: July 17, 2026 (filed within the normal two-business-day Form 4 window).
• Award type/code: A (grant, award or other acquisition) of derivative securities; reported price $4.46/share; total $40,729.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: The award vests quarterly beginning July 15, 2026 through April 15, 2030 (see footnote F1).
• No indication of a 10b5-1 plan, tax-withholding sale, or immediate sale in this filing.

Context
This is a derivative award that will vest over roughly four years (quarterly vesting). Such grants to directors are common as compensation and do not represent an immediate sale or purchase of open-market shares. Because vesting is phased, the director cannot access the full grant immediately. The filing is informational and does not by itself indicate the director’s view of the company’s stock.