Barenholz Yechezkel 4

What Happened
Director Yechezkel Barenholz was granted a derivative award on July 15, 2026 for 9,132 shares with an exercise/price basis of $4.46 per share, representing an aggregate value of $40,729 (reported as a derivative acquisition). This is an equity grant (award) rather than a purchase or sale.

Key Details

• Transaction date: 2026-07-15; Filing date: 2026-07-17 (filed within the typical 2-business-day Form 4 window).
• Instrument: Derivative award (reported as code "A"); 9,132 shares acquired at $4.46 per share (total $40,729).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Options vest quarterly beginning July 15, 2026 and continue to vest through April 15, 2030.
• No sale or exercise was reported — this is a grant of compensation-linked derivative securities.

Context
This appears to be a standard equity award/option grant to a director that vests over time; such grants are common for compensation and do not by themselves indicate an immediate buy or sell signal. Because the award vests quarterly until April 15, 2030, the shares/options will become exercisable incrementally rather than all at once.