Foresight (FRSX) Director Avidan Daniel Receives 1,000,000-Share Award

What Happened

• Avidan Daniel, a director of Foresight Autonomous Holdings Ltd. (FRSX), was granted 1,000,000 ordinary shares in the form of restricted share units (RSUs) on July 23, 2026. The award was reported at $0.00 per share (no cash exchanged), so the immediate cash value reported in the Form 4 is $0.

Key Details

• Transaction date: 2026-07-23; Form 4 filed: 2026-07-27 (filed within the standard 2-business-day window).
• Type: Award/Grant (RSUs) — code A on the filing.
• Amount: 1,000,000 ordinary shares issuable upon vesting; reported acquisition price: $0.00; reported total cash = $0.
• Vesting / restriction note (F1): These are RSUs that vest through January 1, 2029; each RSU equals the right to one ordinary share.
• ADS note (F2): Foresight’s securities trade as American Depositary Shares (ADS); 1 ADS = 90 ordinary shares. The 1,000,000 ordinary-share award is roughly equivalent to ~11,111 ADSs (convertible at holder election).
• Shares owned after transaction: not specified in the information provided in your summary of the filing.

Context

• RSU grants like this are a non-cash compensation/retention mechanism and do not represent immediately tradable shares until they vest; they are different from open-market purchases or option exercises. This filing is informational and does not by itself indicate a buy or sell signal.