Foresight (FRSX) VP Oren Bar-on Receives 5,000,000 RSU Award

What Happened Oren Bar-on, Vice President of Global Operations at Foresight Autonomous Holdings Ltd. (FRSX), received a grant of 5,000,000 restricted share units (RSUs) on 2026-08-13. The filing lists the per‑share amount as $0.00 (award/compensation), so no cash was exchanged. Each RSU represents the right to receive one ordinary share upon vesting; vesting schedule runs through January 1, 2029 (see footnote F1).

Key Details

• Transaction type/code: Award/Grant (A).
• Date of transaction: 2026-08-13. Form 4 filed: 2026-08-17 (appears timely).
• Amount: 5,000,000 ordinary shares issuable upon vesting; per‑share price reported $0.00; total cash cost to insider $0.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 — RSUs convert 1:1 to ordinary shares and vest through 1/1/2029. F2 — Issuer’s U.S. listing uses ADSs where 1 ADS = 90 ordinary shares; 5,000,000 ordinary shares ≈ 55,556 ADS if converted.
• No indication of a 10b5-1 plan, cashless exercise, gift, or tax‑withholding sale was reported in this filing.

Context This was a compensation award (RSUs), not an open‑market purchase or sale. RSU grants are common for employee retention and do not immediately change tradable ADS outstanding until the units vest and are converted into ordinary shares (and potentially ADSs). Because no cash was paid, this filing shows receipt of a compensatory equity award rather than a market investment by the insider.