| 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 | 15 Jan 2026 | 0001726896 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RFL | Class B Common Stock, par value $.01 per share | Tax liability | $6,074 | -4,865 | -1.9% | $1.25 | 253,815 | 13 Jan 2026 | Direct | F1, F2 |
| transaction | RFL | Class B Common Stock, par value $.01 per share | Award | $62,425 | +50,000 | +20% | $1.25 | 303,815 | 13 Jan 2026 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock. |
| F2 | Consists of 76,882 shares held directly, 94,433 fully vested restricted shares and 82,500 unvested restricted shares that vest as follows: 6,250 quarterly from March 21, 2026 through December 21, 2026; 10,000 on each of October 25, 2026 and October 25, 2027; and 12,500 on each of January 13, 2027, January 13, 2028 and January 13, 2029. |
| F3 | Grant of Restricted Stock that vests as follows: 12,500 shares on each of January 13, 2027, January 13, 2028, January 13, 2029 and January 13, 2030. |
| F4 | Consists of 76,882 shares held directly, 94,433 fully vested restricted shares and 132,500 unvested restricted shares that vest as follows: 6,250 quarterly from March 21, 2026 through December 21, 2026; 10,000 on each of October 25, 2026 and October 25, 2027; 25,000 on each of January 13, 2027, January 13, 2028 and January 13, 2029; and 12,500 on January 30, 2030. |