Kamada (KMDA) Director Karnit Goldwasser Receives Stock Awards

What Happened Karnit Goldwasser, a director of Kamada Ltd. (KMDA), received three equity awards on August 27, 2026: 26,500, 30,000 and 30,000 derivative securities (total 86,500). The Form 4 reports these as acquisitions of derivative securities (award/grant) with an acquisition amount shown as $0.00 on the filing (these are option/award grants, not open‑market purchases).

Key Details

• Transaction date: August 27, 2026; acquisition amount shown as $0.00 (derivative awards).
• Total awarded: 86,500 options/awards (26,500 + 30,000 + 30,000).
• Vesting/exercise: Awards vest in four equal annual installments (25% each year) and are exercisable for 10 years from the grant date (F2).
• Trustee/plan: Awards are held by a trustee under the company’s 2011 Share Award Plan (F3).
• Exercise price / currency notes: Exercise prices are denominated in New Israeli Shekels (NIS) and presented in USD in the filing using the Bank of Israel exchange rate as of Sep 22, 2026 (F1). Several option exercise prices were adjusted due to a special cash dividend with record date Aug 27, 2026 (previously reported exercise prices were $7.58, $6.15 and $7.55 for the three awards) (F4–F6).
• Shares owned after the transaction: not specified in the public Form 4.
• Filing timeliness: The Form 4 was filed on Sep 24, 2026 for an Aug 27, 2026 grant — this filing is late (~28 days after the transaction).

Context These are compensatory option/award grants (common for directors) and not open‑market purchases or sales. Vesting over four years and a 10‑year exercise window mean the awards are intended as longer‑term compensation rather than immediate stock sales. The adjustment of exercise prices noted in the filing reflects a corporate special cash dividend and is a technical change to option strike amounts, not an additional cash transaction.