Foresight (FRSX) Director Moshe Scherf Receives 1,000,000-Share Award

What Happened
Moshe Scherf, a director of Foresight Autonomous Holdings Ltd. (FRSX), was granted 1,000,000 restricted share units (RSUs) on July 23, 2026. The RSUs were awarded at $0.00 (no cash paid) and represent the right to receive one ordinary share per RSU upon vesting; the grant itself did not involve a purchase or sale.

Key Details

• Transaction date: 2026-07-23. Form 4 filed: 2026-07-27 (filed within the required two-business-day window).
• Amount: 1,000,000 ordinary shares issuable upon vesting (RSUs); grant price $0.00 (no cash).
• Vesting deadline: RSUs vest through January 1, 2029 (per footnote).
• ADS conversion: 1 American Depository Share (ADS) = 90 ordinary shares, so 1,000,000 ordinary shares ≈ 11,111 ADSs.
• Shares owned after transaction: not specified in the provided filing.
• Beneficial ownership note: the securities are owned by Mr. Scherf’s spouse; Mr. Scherf disclaims beneficial ownership except to the extent of his pecuniary interest (per footnote).

Context
RSU grants are a form of equity compensation and do not involve an immediate market purchase or sale; shares are issued only as RSUs vest. Such awards are common for directors and executives and should be viewed as compensation rather than a direct endorsement to buy or sell stock.