Warshavsky Ori 4

What Happened
Ori Warshavsky, Chief Operating Officer of PolyPid Ltd. (PYPD), received an award of 46,000 derivative securities on May 11, 2026. The filing lists a per-share price of $4.46, for a reported aggregate value of $205,160. This was an award/grant (transaction code A) of derivative instruments rather than an open-market purchase or sale.

Key Details

• Transaction date and price: May 11, 2026; $4.46 per share; total reported value $205,160.
• Type: Award/Grant of derivative securities (listed as "Derivative" in the filing).
• Vesting: Footnote F1 — vests quarterly beginning May 11, 2026 through May 11, 2030.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: The Form 4 was filed on July 17, 2026 for a May 11 transaction — this is a late filing (reduces timeliness of disclosure).

Context
This was a compensation-related grant (derivative award) to an executive, not an immediate open-market purchase. Because the award vests over four years, the recipient does not have full beneficial ownership of all shares immediately; vesting and any future exercise would determine when those securities become owned or sold. The late filing delays public visibility into the transaction.