Foresight (FRSX) Director Levenberg Receives 1,000,000 RSU Award
$FRSX · Foresight Autonomous Holdings Ltd.Research Summary
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Foresight (FRSX) Director Levenberg Receives 1,000,000 RSU Award
What Happened
Director Zeev Levenberg received a grant of 1,000,000 restricted share units (RSUs) of Foresight Autonomous Holdings on July 23, 2026. The Form 4 reports the acquisition at $0.00 per share (total $0 at grant). Each RSU represents the right to receive one ordinary share upon vesting; the award does not represent immediately issued shares or an open‑market purchase.
Key Details
- Transaction date: 2026-07-23 (reported on Form 4 filed 2026-07-27). Transaction code: A (award/grant).
- Grant details: 1,000,000 ordinary shares issuable upon vesting of RSUs; acquisition price reported $0.00 (no cash paid at grant).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — RSUs vest through January 1, 2029; each RSU = 1 ordinary share. F2 — Foresight’s securities trade as ADSs where 1 ADS = 90 ordinary shares (so the grant equates to roughly 11,111 ADS if converted).
- Timeliness: Filed on 2026-07-27 for a 2026-07-23 transaction (filed within the SEC’s 2-business-day window).
Context
RSUs are a form of equity compensation that convert into ordinary shares only upon vesting; they are not an immediate cash investment by the insider nor an immediate change in market float. The grant aligns the director with potential future equity upside but does not by itself signal a buy or sell. If and when RSUs vest, there may be tax or withholding events and possible subsequent sales by the insider, which would be reported separately.