SCHEDULE: Leon Recanati Boosts Kamada Stake to 6.0%

Leon Recanati, through direct and indirect holdings, has increased his beneficial ownership in Kamada Ltd. to 6.0% of outstanding shares as of December 31, 2025.

Summary

• Leon Recanati, along with Gov Financial Holdings Ltd. and Insight Capital Ltd., collectively beneficially own 3,481,937 ordinary shares of Kamada Ltd.
• This aggregate ownership represents 6.0% of Kamada Ltd.'s ordinary shares outstanding as of December 31, 2025.
• Gov Financial Holdings Ltd. beneficially owns 1,455,458 shares, representing 2.5% of the class.
• Insight Capital Ltd. beneficially owns 1,346,334 shares, representing 2.3% of the class.
• Mr. Recanati directly holds 631,145 ordinary shares and options to purchase 49,000 ordinary shares, totaling 680,145 shares with sole voting and dispositive power.
• Both Gov Financial Holdings Ltd. and Insight Capital Ltd. are wholly-owned by Mr. Leon Recanati, who exercises sole voting and investment power over their respective holdings.
• The calculation is based on 57,686,056 ordinary shares of Kamada Ltd. outstanding as of December 31, 2025.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as moderately positive, as an increase in a significant individual's stake often signals confidence in the company's prospects, though it is a factual ownership report rather than an operational update.

Positives

• Leon Recanati, a significant individual, has increased his aggregate beneficial ownership in Kamada Ltd. to 6.0%, signaling potential confidence in the company's future.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that an increase in beneficial ownership by a key individual like Leon Recanati in a biopharmaceutical company such as Kamada Ltd. can be interpreted by the market as a positive signal, suggesting insider confidence in the company's strategic direction or pipeline, especially within a sector often characterized by high R&D costs and regulatory hurdles.

Stakeholder Impact

• Shareholders may view the increased stake by Leon Recanati as a positive indicator of insider confidence, potentially influencing investor sentiment.

Key Dates

Recommendation

The filing indicates an increased beneficial ownership by a significant individual, Leon Recanati, in Kamada Ltd. While this signals insider confidence, a Schedule 13G primarily reports ownership changes and does not provide comprehensive financial or operational details to warrant a 'buy' or 'sell' recommendation. Investors should 'hold' and monitor future company performance and additional disclosures for a more complete investment picture.

Keywords

Kamada Ltd, Leon Recanati, Beneficial Ownership, Schedule 13G, Insider Ownership, Equity Stake, Biopharmaceutical, Israel