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SciSparc (SPRC) CTO details 5,528 Ordinary Shares and option holdings on Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

SciSparc Ltd. Chief Technology Officer Adi Zuloff-Shani filed an initial ownership report detailing current equity interests. The filing shows direct beneficial ownership of 5,528 Ordinary Shares, which includes 5,198 shares subject to restricted share units that vest in scheduled quarterly installments.

The report also lists a fully vested stock option to acquire 6 additional Ordinary Shares at an exercise price of 21,294.0000 per share, expiring on March 1, 2028. This Form 3 is a disclosure of existing holdings and compensation awards, not a report of new share purchases or sales.

Positive

  • None.

Negative

  • None.
Insider Zuloff-Shani Adi
Role Chief Technology Officer
Type Security Shares Price Value
holding Stock option (right to buy) -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Stock option (right to buy) — 6 shares (Direct); Ordinary Shares — 5,528 shares (Direct)
Footnotes (1)
  1. Includes (i) 5,000 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") in equal quarterly installments of 625 Ordinary Shares beginning on March 18, 2026; and (ii) 198 Ordinary Shares issuable upon the vesting of RSUs in equal quarterly installments of 25 Ordinary Shares beginning on September 30, 2024. Each RSU represents the right to receive one Ordinary Share. Fully vested on April 21, 2024.
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Zuloff-Shani Adi
(Last)(First)(Middle)
20 RAUL WALLENBERG STREET
TOWER A, TEL AVIV, ISRAEL
(Street)
TEL AVIV6971916
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026		3. Issuer Name and Ticker or Trading Symbol
SciSparc Ltd. [ SPRC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares5,528(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock option (right to buy)03/01/202203/01/2028Ordinary Shares6(2)$21,294D
Explanation of Responses:
1. Includes (i) 5,000 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") in equal quarterly installments of 625 Ordinary Shares beginning on March 18, 2026; and (ii) 198 Ordinary Shares issuable upon the vesting of RSUs in equal quarterly installments of 25 Ordinary Shares beginning on September 30, 2024. Each RSU represents the right to receive one Ordinary Share.
2. Fully vested on April 21, 2024.
/s/ Adi Zuloff-Shani03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does SciSparc (SPRC) CTO Adi Zuloff-Shani report owning on this Form 3?

Adi Zuloff-Shani reports beneficial ownership of 5,528 SciSparc Ordinary Shares. This total includes time-based restricted share units that convert into shares over future quarters, plus existing share holdings, providing a snapshot of the CTO’s current equity-based stake in the company.

How are restricted share units structured for SciSparc (SPRC) CTO Adi Zuloff-Shani?

The CTO holds RSUs covering 5,198 Ordinary Shares in total. 5,000 shares vest in quarterly installments of 625 shares beginning March 18, 2026, and 198 shares vest in quarterly installments of 25 shares beginning September 30, 2024, with each RSU delivering one Ordinary Share.

What stock options does SciSparc (SPRC) CTO Adi Zuloff-Shani have?

The CTO holds a fully vested option for 6 Ordinary Shares. This stock option carries an exercise price of 21,294.0000 per share, became fully vested on April 21, 2024, and will expire on March 1, 2028 if not exercised before that date.

Does this SciSparc (SPRC) Form 3 show any insider buying or selling?

No, this Form 3 does not report new insider buying or selling. It serves as an initial statement of beneficial ownership, listing existing Ordinary Shares, restricted share units, and a stock option position held by the Chief Technology Officer.

Why is SciSparc (SPRC) filing a Form 3 for its CTO?

Form 3 is required when someone becomes a reporting insider of a public company. It discloses the insider’s existing share, RSU, and option holdings at that point, creating a baseline for future Form 4 or Form 5 transaction reports.