Form 4: N2OFF Controller Shlomo Zakai Awarded 50,000 Shares

N2OFF, Inc. Controller Shlomo Zakai received an award of 50,000 restricted common shares as part of an incentive plan, increasing his indirect beneficial ownership to 64,778 shares.

Summary

• Shlomo Zakai, Controller of N2OFF, Inc. (NITO), acquired 50,000 restricted shares of common stock.
• The transaction occurred on February 9, 2026.
• These shares were issued at a price of $0 per share.
• The award was made under the Save Foods, Inc. 2022 Share Incentive Plan.
• Following this transaction, Zakai's indirect beneficial ownership, held by a Trust, increased to 64,778 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a routine, slightly positive event, as it increases insider ownership and aligns management incentives with shareholder interests, without indicating any significant operational or financial changes.

Positives

• Increased alignment of management interests with shareholders through equity ownership.
• The award of restricted shares serves as an incentive for the Controller's continued performance and retention.

Negatives

• Minor potential for future dilution if these shares are new issuances, though typical for incentive plans.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that equity awards to key executives like the Controller are a standard practice across industries to align management incentives with long-term shareholder value creation and to retain talent. This type of transaction is common and generally viewed positively as it signals commitment from leadership.

Comparison to Industry Standards

• Equity incentive plans, such as the Save Foods, Inc. 2022 Share Incentive Plan, are a widely adopted compensation strategy in publicly traded companies, comparable to practices seen at firms like Apple, Microsoft, and Google, which regularly grant restricted stock units (RSUs) or stock options to their executives and employees to foster long-term commitment and performance.

Corporate Governance

Related Party Transactions

• This transaction involves an officer of the company acquiring shares, which is a common form of related party transaction in the context of insider trading regulations (Section 16).

Stakeholder Impact

• Shareholders: Minor potential for dilution from new share issuance (if applicable), but increased confidence due to enhanced insider alignment.
• Employees: Demonstrates the company's commitment to incentivizing key personnel through equity.

Key Dates

Keywords

N2OFF, NITO, Shlomo Zakai, Controller, Restricted Shares, Insider Transaction, Form 4, Equity Award, Share Incentive Plan, Beneficial Ownership