Adam K. Stern - 07 Jan 2025 Form 4 Insider Report for DarioHealth Corp. (DRIO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Jan 2025, 16:04:16 UTC
Prior SEC filing
09 Aug 2024
Next SEC filing
10 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Adam Stern

Key filing fact

Adam K. Stern filed Form 4 for DarioHealth Corp. (DRIO) on 10 Jan 2025.

Key facts

  • This page summarizes Adam K. Stern's Form 4 filing for DarioHealth Corp. (DRIO).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 10 Jan 2025, 16:04.

Change

  • Previous filing in this sequence was filed on 09 Aug 2024.
  • Current net transaction value: +$100,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DRIO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
194,341
Date
07 Jan 2025
Ownership
Direct
DRIO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
122,909
Date
07 Jan 2025
Ownership
AKS Family Partners L.P.
DRIO holding

Series-C Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
123,763
Date
07 Jan 2025
Ownership
AKS Family Partners L.P.

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DRIO transaction Derivative

Series D-2 Preferred Stock

Purchase

Transaction value
$100,000
Shares
+100
Change %
Price
$1000.00
Shares after
0
Date
07 Jan 2025
Ownership
AKS Family Partners L.P.
Underlying class
Common Stock
Underlying amount
Exercise price
$0.8300
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The Series D-2 Preferred Stock will automatically convert into shares of common stock, subject to shareholder approval and certain beneficial ownership limitations, including a non-waivable 19.99% ownership blocker, on the 12-month anniversary of the issuance date. The Series D-2 Preferred Stock initially converts into shares of common stock at a conversion price of $0.83. In addition, the holders of Series D-2 Preferred Stock will also be entitled dividends payable as follows: ten percent (10%) of the number of shares of Common Stock issuable upon conversion of the Preferred Stock then held by such holder for each full quarter anniversary of holding for a total of four (4) quarters from the Closing Date, all issuable upon conversion of the Preferred Stock.

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