Kamada (KMDA) VP Beladev Shavit Receives Stock Awards

What Happened Beladev Shavit, Vice President of Plasma Operations at Kamada Ltd. (KMDA), was granted derivative awards on August 27, 2026 covering a total of 75,000 ordinary shares (15,000 and 60,000). The filings show acquisition price $0.00 (these are awards/options rather than open‑market purchases), and exercise prices for the previously reported options were adjusted in connection with a special cash dividend declared August 17, 2026 (record date Aug 27, 2026). The Form 4 was filed with the SEC on September 24, 2026.

Key Details

• Transaction date: August 27, 2026 (reported on Form 4 filed Sept 24, 2026).
• Awards: 15,000 and 60,000 derivative shares granted (total 75,000); acquisition price shown as $0.00.
• Exercise-price notes: Exercise prices are denominated in NIS and converted to USD using the Bank of Israel rate as of Sept 22, 2026; the exercise prices for these options were adjusted due to the company’s special cash dividend (previously reported as $6.15 for the 15,000 option and $7.61 for the 60,000 option).
• Vesting: Options vest in four equal annual installments (25% each year).
• Held by trustee under the Company’s 2011 Share Award Plan.
• Shares owned after transaction: not disclosed in the information provided.
• Filing timeliness: Form 4 was filed ~28 days after the transaction date (Aug 27 → filed Sept 24), which is later than the typical 2-business‑day filing window for Form 4s.

Context These entries are awards/options (derivative securities) granted as compensation and do not represent an open‑market buy or sale. Such grants are common for employee compensation and do not by themselves indicate a trading signal; investors should consider insider buys/sells, overall insider activity, and company fundamentals alongside these grants.