Kamada (KMDA) Director Lilach Asher-Topilsky Receives Award
$KMDA · KAMADA LTDResearch Summary
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Kamada (KMDA) Director Lilach Asher-Topilsky Receives Award
What Happened
Lilach Asher-Topilsky, a director of Kamada Ltd. (KMDA), received an award of 30,000 equity-based derivative awards on August 5, 2026. The filing reports an acquisition of 30,000 shares as a derivative award with an exercise/strike amount shown as $0.00 (U.S. dollar amount is a convenience conversion from NIS). No cash was paid as part of the grant.
Key Details
- Transaction date: August 5, 2026; Form 4 filed August 6, 2026 (reporting appears timely).
- Reported price: $0.00 (USD conversion per footnote F1).
- Award type: Options/award held by trustee under the Company’s 2011 Share Award Plan (footnote F3).
- Vesting & exercise (footnote F2): Vesting over four years in four equal annual installments (25% each year); options exercisable for 10 years from grant, unexercised options expire thereafter.
- Shares owned after transaction: Not reported in the provided excerpt.
- Footnotes: F1 = USD conversion from NIS (Bank of Israel rate as of Aug 4, 2026); F2 = vesting/exercise terms; F3 = held by trustee.
Context
This was a compensation-related grant (an award of derivative securities), not an open-market purchase or sale. Such grants are commonly used for director compensation and do not represent an immediate cash investment or disposition; any future market impact depends on vesting and whether the recipient later exercises and sells shares.