ICL Group (NYSE: ICL) CFO details significant stock option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ICL Group Ltd. Chief Financial Officer Lahav Aviram reported his initial holdings of stock options linked to the company’s ordinary shares. He holds stock options over 784,918 underlying ordinary shares at an exercise price of $9.39 per share, expiring on February 8, 2027. He also holds stock options over 1,189,861 underlying ordinary shares at an exercise price of $5.87 per share, expiring on April 4, 2029. According to the notes, one option grant is fully vested and exercisable, while the other vests in three equal annual installments from the April 4, 2024 grant date, and the options are held by a trustee in his name.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lahav Aviram
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 784,918 shares (Direct)
Footnotes (1)
- The stock options are fully vested and exercisable The stock options vest in three equal annual installments from the April 4, 2024 grant date. Represents an exercise price of NIS 29.57, 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. Represents an exercise price of NIS 18.47, 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.
Key Figures
Underlying shares (first grant): 784,918 shares
Exercise price (first grant): $9.39 per share
Underlying shares (second grant): 1,189,861 shares
+1 more
4 metrics
Underlying shares (first grant)
784,918 shares
Stock options over ordinary shares at $9.39 exercise price
Exercise price (first grant)
$9.39 per share
Stock options expiring February 8, 2027
Underlying shares (second grant)
1,189,861 shares
Stock options over ordinary shares at $5.87 exercise price
Exercise price (second grant)
$5.87 per share
Stock options expiring April 4, 2029
Key Terms
Stock Options (Right to Buy), Ordinary Shares, exercise price, vest in three equal annual installments, +1 more
5 terms
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)""
exercise price financial
"Represents an exercise price of NIS 29.57, 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 vest in three equal annual installments from the April 4, 2024 grant date."
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 ICL (ICL) Form 3 filing by CFO Lahav Aviram show?
The Form 3 shows CFO Lahav Aviram’s initial stock option holdings in ICL Group Ltd. It lists two option grants over 784,918 and 1,189,861 underlying ordinary shares, with specified exercise prices, vesting schedules, and expiration dates, establishing his starting derivative position.
What are the exercise prices of the ICL (ICL) stock options held by the CFO?
The filing reports exercise prices of $9.39 per share for options over 784,918 underlying ordinary shares and $5.87 per share for options over 1,189,861 underlying ordinary shares. These are the prices he would pay per share if he exercises each respective option grant.
When do Lahav Aviram’s ICL (ICL) stock options expire?
One stock option grant over 784,918 underlying ordinary shares expires on February 8, 2027. The other grant over 1,189,861 underlying ordinary shares expires on April 4, 2029. These dates define the last days he can exercise each option award, assuming they are vested.
How do the ICL (ICL) CFO’s stock options vest according to the Form 3 footnotes?
One option grant is described as fully vested and exercisable, meaning all related shares are currently available upon exercise. The other grant vests in three equal annual installments beginning from the April 4, 2024 grant date, gradually increasing the number of exercisable shares over time.
Who legally holds the ICL (ICL) CFO’s stock options reported on Form 3?
The footnotes state the options are held by a trustee in the name of the reporting person. This means a trustee entity formally holds the options on his behalf, while the filing still attributes the derivative holdings to CFO Lahav Aviram as the reporting person.