Kamada (KMDA) Director Leon Recanati Receives 30,000-Share Option Award

What Happened

• Leon Recanati, a director of Kamada Ltd. (KMDA), was granted 30,000 derivative awards on August 5, 2026. The filing shows an acquisition-type grant (code A) of 30,000 shares at $0.00 as reported (derivative instrument). No cash was paid by the insider in connection with the grant.

Key Details

• Transaction date: 2026-08-05; Form 4 filed: 2026-08-06 (timely).
• Instrument: 30,000 options/share awards (reported as derivative). Reported price: $0.00 (see footnote on currency conversion).
• Vesting & term (Footnote F2): Vest in four equal annual installments (25% each year); exercisable for 10 years from grant; unexercised options expire at end of term.
• Currency note (Footnote F1): The exercise price shown in USD is a convenience conversion from NIS using Bank of Israel rate as of Aug 4, 2026.
• Held by trustee (Footnote F3): Awards are held by a trustee under the Company’s 2011 Share Award Plan.
• Shares owned after transaction: Not specified in the provided filing details.

Context

• This was a grant of equity awards (options) to a director — not an open-market buy or sale. Options must vest over time and then be exercised (which would require payment of the exercise price); there is no indication these shares were sold or exercised immediately. Such grants are common as compensation and do not by themselves indicate immediate trading intent.