ICL Group (ICL) division president reports 560,538-share option grant
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ICL Group Ltd. officer Ilani Nir filed an initial ownership report showing stock options over the company’s ordinary shares. The options give a right to buy 560,538 ordinary shares at an exercise price of $7.33 per share, expiring on July 6, 2030.
The options were granted on July 6, 2025 and vest in three equal annual installments from that grant date. They are held by a Trustee in the name of the reporting person, and reflect a direct derivative position rather than a recent market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ilani Nir
Role
President, ICL Growing Sol Div
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 560,538 shares (Direct)
Footnotes (1)
- The stock options vast in three equal annual installments from the July 6, 2025, grant date. Represents an exercise price of NIS 23.08, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.149 as of March 27, 2026. The options are held by a Trustee in the name of the Reporting Person.
Key Figures
Underlying option shares: 560,538 shares
Exercise price: $7.33 per share
Grant price in NIS: NIS 23.08
+3 more
6 metrics
Underlying option shares
560,538 shares
Underlying ordinary shares for stock options held
Exercise price
$7.33 per share
Exercise price for stock options on ordinary shares
Grant price in NIS
NIS 23.08
Local-currency exercise price referenced in footnote
FX rate
3.149 NIS per $1.00
Bank of Israel exchange rate as of March 27, 2026
Grant date
July 6, 2025
Options vest in three equal annual installments from this date
Expiration date
July 6, 2030
Stock options expiration for underlying ordinary shares
Key Terms
Stock Options (Right to Buy), Ordinary Shares, exercise price, vest in three equal annual installments, +2 more
6 terms
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
exercise price financial
"Represents an exercise price of NIS 23.08, converted to U.S. dollars"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest in three equal annual installments financial
"The stock options vast in three equal annual installments from the July 6, 2025, grant date."
Bank of Israel representative exchange rate financial
"using the Bank of Israel representative exchange rate of $1.00 to NIS 3.149"
Trustee financial
"The options are held by a Trustee in the name of the Reporting Person."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What does the Ilani Nir Form 3 filing for ICL Group Ltd. show?
The Form 3 shows that officer Ilani Nir holds stock options in ICL Group Ltd.. These options relate to 560,538 ordinary shares, providing a right to buy shares at a fixed exercise price before they expire on July 6, 2030.
What is the exercise price and currency basis of Ilani Nir’s ICL options?
The options have an exercise price of $7.33 per share, representing NIS 23.08 converted using a 3.149 NIS per $1.00 exchange rate. The Bank of Israel representative rate as of March 27, 2026 was used for this currency conversion disclosure.
When do Ilani Nir’s ICL Group stock options vest and expire?
The options were granted on July 6, 2025 and vest in three equal annual installments from that grant date. They carry an expiration date of July 6, 2030, after which any unexercised portion of the derivative right to buy ordinary shares will lapse.
How are Ilani Nir’s ICL options held according to the Form 3 footnotes?
The Form 3 explains that the options are held by a Trustee in the name of the Reporting Person. Ownership is classified as direct, with the trustee arrangement noted in the footnotes, indicating administration of the award rather than a separate third-party owner.
What is Ilani Nir’s role at ICL Group Ltd. in this Form 3?
In the filing, Ilani Nir is identified as an officer of ICL Group Ltd. with the title President, ICL Growing Sol Div. This executive position explains why an initial statement of beneficial ownership of these stock options is being reported on Form 3.