4/A: Brainstorm Cell Therapeutics CEO Corrects Transaction Code in Form 4 Amendment
SEC Filing
Chaim Lebovits, CEO of Brainstorm Cell Therapeutics, files an amendment to a previous Form 4 to correct a transaction code related to a purchase of common stock.
Summary
- Chaim Lebovits, the President and CEO of Brainstorm Cell Therapeutics Inc., filed an amended Form 4 with the SEC on July 31, 2024.
- This amendment corrects an error in the original Form 4 filed on June 3, 2024, which incorrectly listed the transaction code as 'A'.
- The corrected form shows that on May 28, 2024, Lebovits purchased 15,000 shares of Brainstorm Cell Therapeutics' common stock at a weighted average price of $0.5183 per share.
- The purchase was made directly, and following the transaction, Lebovits directly owns 1,164,865 shares.
- Lebovits may also be deemed the beneficial owner of 2,000,847 indirectly owned shares.
- These indirectly owned shares include 1,933,794 shares held by ACCBT Corp. and 67,053 shares held by ACC International Holdings Ltd.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting an administrative error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of the common stock purchase. |
| 06/03/2024 | Date of original Form 4 filing with incorrect transaction code. |
| 07/31/2024 | Date of amended Form 4/A filing. |
Keywords
Form 4, Amendment, Beneficial Ownership, Chaim Lebovits, Brainstorm Cell Therapeutics, BCLI, SEC Filing, Common Stock, Transaction Code
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