Foresight CEO Haim Siboni Receives 5,000,000-Share RSU Award

What Happened
Haim Siboni, CEO of Foresight Autonomous Holdings Ltd. (FRSX), received a grant of 5,000,000 restricted share units (RSUs) on July 23, 2026. The RSUs were reported at $0.00 per share (no cash paid); each RSU represents the right to receive one ordinary share upon vesting. This is an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-23; Form 4 filed: 2026-07-27 (filed within the usual 2 business-day window).
• Grant: 5,000,000 RSUs; reported price per share: $0.00; aggregate reported value: $0.
• Vesting: RSUs issuable upon vesting through January 1, 2029 (each RSU = 1 ordinary share).
• ADS conversion: Issuer’s securities trade as ADSs where 1 ADS = 90 ordinary shares — 5,000,000 ordinary shares ≈ 55,556 ADSs.
• Shares owned after transaction: not specified in the filing.
• Footnote: Siboni controls Magna BSP Ltd. and may be deemed to beneficially own securities held by Magna BSP; he disclaims beneficial ownership except for his pecuniary interest.

Context
RSU grants are a form of executive compensation and are not the same as a stock purchase or sale — they typically vest over time and convert into shares when vested. This award does not by itself indicate buying or selling sentiment; it reflects compensation terms and future potential dilution if and when RSUs vest and convert to shares.