David Polinsky - 29 May 2025 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Role
Chief Financial Officer
Signature
Joyce J. Mason, by Power of Attorney
Issuer symbol
RFL
Transactions as of
29 May 2025
Net transactions value
+$98,409
Form type
4
Filing time
30 May 2025, 13:56:44 UTC
Previous filing
25 Mar 2025
Next filing
24 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Polinsky David Chief Financial Officer C/O RAFAEL HOLDINGS, INC., 520 BROAD ST, NEWARK Joyce J. Mason, by Power of Attorney 30 May 2025 0001726896

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFL Class B Common Stock, par value $.01 per share Exercise of in-the-money or at-the-money derivative security $98,409 +76,882 +40% $1.28 270,422 29 May 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RFL Class B Common Stock Exercise of in-the-money or at-the-money derivative security $0 -76,882 -100% $0.000000 0 29 May 2025 Class B Common Stock 76,882 $1.28 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise of subscription rights in the Issuer's Rights Offering.
F2 Consists of 76,882 shares held directly, 66,040 fully vested restricted shares and 127,500 unvested restricted shares that vest as follows: 6,250 quarterly from June 21, 2025 through December 21, 2026; 3,750 on September 23, 2025; 10,000 on each of October 25, 2025, October 25, 2026 and October 25, 2027; and 12,500 on each of January 13, 2026, January 13, 2027, January 13, 2028 and January 13, 2029.