CYAB · Cyabra, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“Based on the projected cash flows and cash balance as of June 30, 2026, management is of the opinion that without further fund raising it will not have sufficient resources to enable it to continue its operating activities, including the development and marketing of its products for a period of 12 months from the balance sheet date of these consolidated financial statements. As a result, there is a substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-07-10 | Flanagan James Francis |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
On July 10, 2026, the Reporting Person purchased 53,650 shares of common stock, par value $0.0001 per share (the "Common Stock"), from the Issuer in a private placement transaction (the "Private Placement") at a purchase price of $0.435 per share. |
Common Stock
|
114,940 |
| 2026-07-10 | Daar Yossef |
Director, Chief Product Officer |
Award↑
Filing footnotes — Common Stock (Direct)
On July 10, 2026, the Reporting Person purchased 53,650 shares of common stock, par value $0.0001 per share (the "Common Stock"), from the Issuer in a private placement transaction (the "Private Placement") at a purchase price of $0.435 per share. |
Common Stock
|
53,650 |
| 2026-07-10 | Shraga Ido |
Chief Technology Officer |
Buy↑
Filing footnotes — Common Stock Warrants (right to buy) (Direct)
The Reporting Person purchased Series A warrants to purchase up to 53,650 shares of Common Stock (the "Series A Warrants") in the Private Placement. The Series A Warrants will become exercisable upon the receipt of the requisite stockholder approval. The Series A Warrants expire five (5) years following the initial exercise date. |
Common Stock Warrants (right to buy)
|
53,650 |
| 2026-07-10 | Flanagan James Francis |
Director |
Buy↑
Filing footnotes — Common Stock Warrants (right to buy) (Direct)
The Reporting Person purchased Series A warrants to purchase up to 53,650 shares of Common Stock (the "Series A Warrants") in the Private Placement. The Series A Warrants will become exercisable upon the receipt of the requisite stockholder approval. The Series A Warrants expire five (5) years following the initial exercise date. |
Common Stock Warrants (right to buy)
|
114,940 |
| 2026-07-10 | Brahmy Dan |
Director, Chief Executive Officer |
Buy↑
Filing footnotes — Common Stock Warrants (right to buy) (Direct)
The Reporting Person purchased Series A warrants to purchase up to 53,650 shares of Common Stock (the "Series A Warrants") in the Private Placement. The Series A Warrants will become exercisable upon the receipt of the requisite stockholder approval. The Series A Warrants expire five (5) years following the initial exercise date. |
Common Stock Warrants (right to buy)
|
53,650 |
| 2026-07-10 | Brahmy Dan |
Director, Chief Executive Officer |
Buy↑
Filing footnotes — Common Stock (Direct)
On July 10, 2026, the Reporting Person purchased 53,650 shares of common stock, par value $0.0001 per share (the "Common Stock"), from the Issuer in a private placement transaction (the "Private Placement") at a purchase price of $0.435 per share. |
Common Stock
|
53,650 |
| 2026-07-10 | Shraga Ido |
Chief Technology Officer |
Buy↑
Filing footnotes — Common Stock Warrants (right to buy) (Direct)
The Reporting Person purchased Series B warrants to purchase up to 53,650 shares of Common Stock (the "Series B Warrants") in the Private Placement. The Series B Warrants will become exercisable upon the receipt of the requisite stockholder approval. The Series B Warrants expire on the date that is twelve (12) months following the initial exercise date. |
Common Stock Warrants (right to buy)
|
53,650 |
| 2026-07-10 | Shraga Ido |
Chief Technology Officer |
Award↑
Filing footnotes — Common Stock (Direct)
On July 10, 2026, the Reporting Person purchased 53,650 shares of common stock, par value $0.0001 per share (the "Common Stock"), from the Issuer in a private placement transaction (the "Private Placement") at a purchase price of $0.435 per share. |
Common Stock
|
53,650 |
| 2026-07-10 | Flanagan James Francis |
Director |
Buy↑
Filing footnotes — Common Stock Warrants (right to buy) (Direct)
The Reporting Person purchased Series B warrants to purchase up to 53,650 shares of Common Stock (the "Series B Warrants") in the Private Placement. The Series B Warrants will become exercisable upon the receipt of the requisite stockholder approval. The Series B Warrants expire twelve (12) months following the initial exercise date. |
Common Stock Warrants (right to buy)
|
114,940 |
| 2026-07-10 | Daar Yossef |
Director, Chief Product Officer |
Buy↑
Filing footnotes — Common Stock Warrants (right to buy) (Direct)
The Reporting Person purchased Series B warrants to purchase up to 53,650 shares of Common Stock (the "Series B Warrants") in the Private Placement. The Series B Warrants will become exercisable upon the receipt of the requisite stockholder approval. The Series B Warrants expire twelve (12) months following the initial exercise date. |
Common Stock Warrants (right to buy)
|
53,650 |
| 2026-07-10 | Brahmy Dan |
Director, Chief Executive Officer |
Buy↑
Filing footnotes — Common Stock Warrants (right to buy) (Direct)
The Reporting Person purchased Series B warrants to purchase up to 53,650 shares of Common Stock (the "Series B Warrants") in the Private Placement. The Series B Warrants will become exercisable upon the receipt of the requisite stockholder approval. The Series B Warrants expire twelve (12) months following the initial exercise date. |
Common Stock Warrants (right to buy)
|
53,650 |
| 2026-07-10 | Daar Yossef |
Director, Chief Product Officer |
Buy↑
Filing footnotes — Common Stock Warrants (right to buy) (Direct)
The Reporting Person purchased Series A warrants to purchase up to 53,650 shares of Common Stock (the "Series A Warrants") in the Private Placement. The Series A Warrants will become exercisable upon the receipt of the requisite stockholder approval. The Series A Warrants expire five (5) years following the initial exercise date. |
Common Stock Warrants (right to buy)
|
53,650 |
| 2026-05-14 | Sandler Yael |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
On May 14, 2026, the Reporting Person was granted 40,000 restricted stock units ("RSUs") of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, vesting over three years through April 1, 2029. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share. |
Common Stock
|
40,000 |
| 2026-05-14 | Vu Sonny |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
On May 14, 2026, the Reporting Person was granted 80,000 restricted stock units ("RSUs") of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, vesting over three years through April 1, 2029. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share. |
Common Stock
|
80,000 |
| 2026-05-14 | Shraga Ido |
Chief Technology Officer |
Award↑
Filing footnotes — Common Stock (Direct)
On May 14, 2026, the Reporting Person was granted 130,000 restricted stock units ("RSUs") of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, vesting in quarterly amounts of 26,000 shares of common stock, par value $0.0001 per share (the "Common Stock") through July 1, 2027. Each RSU represents the right to receive one Common Stock. |
Common Stock
|
130,000 |
| 2026-05-14 | Heymann Emmanuel |
Chief Revenue Officer |
Award↑
Filing footnotes — Common Stock (Direct)
On May 14, 2026, the Reporting Person was granted 100,000 restricted stock units ("RSUs") of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, vesting over three years through April 1, 2029. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share. |
Common Stock
|
100,000 |
| 2026-05-14 | Madon Michael P |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
On May 14, 2026, the Reporting Person was granted 100,000 restricted stock units ("RSUs") of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, vesting over three years through April 1, 2029. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share. |
Common Stock
|
100,000 |
| 2026-05-14 | Brahmy Dan |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Direct)
On May 14, 2026, the Reporting Person was granted 130,000 restricted stock units ("RSUs") of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, vesting in quarterly amounts of 26,000 shares of common stock, par value $0.0001 per share (the "Common Stock") through July 1, 2027. Each RSU represents the right to receive one Common Stock. |
Common Stock
|
130,000 |
| 2026-05-14 | Flanagan James Francis |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
On May 14, 2026, the Reporting Person was granted 110,000 restricted stock units ("RSUs") of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, vesting over three years through April 1, 2029. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share. |
Common Stock
|
110,000 |
| 2026-05-14 | Daar Yossef |
Director, Chief Product Officer |
Award↑
Filing footnotes — Common Stock (Direct)
On May 14, 2026, the Reporting Person was granted 130,000 restricted stock units ("RSUs") of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan, vesting in quarterly amounts of 26,000 shares of common stock, par value $0.0001 per share (the "Common Stock") through July 1, 2027. Each RSU represents the right to receive one Common Stock. |
Common Stock
|
130,000 |
| 2026-03-27 | Daar Yossef |
Director, Chief Product Officer |
Award↑
Filing footnotes — Common Stock (Indirect)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, 160,000 ordinary shares of Cyabra held by the Reporting Person that were outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") were, as of the Effective Time, converted into 577,549 shares of the Issuer. Held by IBI Trust Management in trust for the Reporting Person. |
Common Stock
(I)
|
577,549 |
| 2026-03-27 | Sheeran Josette |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, each option to purchase ordinary shares of Cyabra held by the Reporting Person that was outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") for an aggregate of 40,000 ordinary shares was, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer reported herein (the "Replacement Options"), subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time. Pursuant to the terms of the Replacement Options (as defined below), the options have vested in part and shall vest over a period of three (3) years starting on December 14, 2024 (the Vesting Commencement Date) as follows: (i) 16.7% vested upon the lapse of 6 months from the Vesting Commencement Date; and (ii) 1/12 of the options have vested and shall vest on equal portions upon the lapse of each subsequent quarter thereafter, so that all options shall be fully vested by the third anniversary of the Vesting Commencement Date, pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan. |
Stock Option (Right to Buy)
|
144,387 |
| 2026-03-27 | Vu Sonny |
Director |
Award↑
Filing footnotes — Common Stock (Indirect)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, 75,707 ordinary shares of Cyabra held by FF Alabaster LLC that was outstanding immediately prior to the Effective Time were, as of the Effective Time, converted into 273,278 shares of the Issuer. The securities are held directly by FF Alabaster LLC. |
Common Stock
(I)
|
273,278 |
| 2026-03-27 | Heymann Emmanuel |
Chief Revenue Officer |
Award↑
Filing footnotes — Stock Option(Right to Buy) (Direct)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, options to purchase an aggregate of 7,000 ordinary shares of Cyabra held by the Reporting Person that was outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") were, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer reported herein under the Cyabra, Inc. 2026 Omnibus Incentive Plan (the "2026 Plan"), subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time (the "January 2023 Replacement Option"). Pursuant to the terms of the January 2023 Replacement Option (as defined below), the January 2023 Replacement Option has vested in part and shall vest over a period of three (3) years and ten (10) months as follows: The January 2023 Replacement Option vest over a period of three (3) years and ten (10) months as follows: Twenty-five percent (25%) vested upon the lapse of 10 months from January 1, 2023 (the "2023 Vesting Commencement Date") and the remaining 75% of the shares subject to the January 2023 Replacement Option has vested and shall vest on equal portions upon the lapse of the last day of each subsequent month thereafter, so that the January 2023 Replacement Option shall be fully vested by the thirty-sixth (36) month from the 2023 Vesting Commencement Date. |
Stock Option(Right to Buy)
|
25,264 |
| 2026-03-27 | Madon Michael P |
Director |
Award↑
Filing footnotes — Stock Option(Right to Buy) (Direct)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, each option to purchase ordinary shares of Cyabra held by the Reporting Person that was outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") for an aggregate of 4,000 ordinary shares was, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer reported herein, subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time, pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan. The options were fully vested upon grant. |
Stock Option(Right to Buy)
|
14,436 |
| 2026-03-27 | Sandler Yael |
Chief Financial Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, each option to purchase ordinary shares of Cyabra held by the Reporting Person that was outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") for an aggregate of 28,000 ordinary shares was, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer reported herein (the "Replacement Options"), subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time. Pursuant to the terms of the Replacement Options (as defined below), the options have vested in part and shall vest over a period of four (4) years starting on July 2, 2024 (the "Vesting Commencement Date") as follows: (i) 25% vested upon the lapse of 12 months from the Vesting Commencement Date; and (ii) 1/12 of the remaining unvested options shall vest on equal portions upon the lapse of each subsequent quarter thereafter, so that all options shall be fully vested by the third anniversary of the Vesting Commencement Date, pursuant to the Cyabra Inc. 2026 Omnibus Equity Incentive Plan. |
Stock Option (Right to Buy)
|
101,071 |
| 2026-03-27 | Brahmy Dan |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Indirect)
On March 27, 2026, the Reporting Person was granted 134,000 restricted stock units of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan (the "2026 Plan") which were fully vested upon grant. Held by IBI Trust Management in trust for the Reporting Person. |
Common Stock
(I)
|
134,000 |
| 2026-03-27 | Brahmy Dan |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, each option to purchase ordinary shares of Cyabra held by the Reporting Person that was outstanding immediately prior to the Effective Time for an aggregate of 11,676 ordinary shares was, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer reported herein pursuant to the 2026 Plan, subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time. The options were fully vested upon grant. |
Stock Option (Right to Buy)
|
42,146 |
| 2026-03-27 | Vu Sonny |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Pursuant to the Merger Agreement, each option to purchase ordinary shares of Cyabra held by the Reporting Person that was outstanding immediately prior to the Effective Time for an aggregate of 5,000 ordinary shares was, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer, subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time, pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan (the "2026 Plan."). The options were fully vested upon grant. |
Stock Option (Right to Buy)
|
18,048 |
| 2026-03-27 | Shraga Ido |
Chief Technology Officer |
Award↑
Filing footnotes — Common Stock (Indirect)
On March 27, 2026, the Reporting Person was granted 133,000 restricted stock units of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan (the "2026 Plan") which were fully vested upon grant. Such grant is effective 30 days after the 2026 Israeli Sub-Plan to the 2026 Plan is filed with the Israel Tax Authority. Held by IBI Trust Management in trust for the Reporting Person. |
Common Stock
(I)
|
133,000 |
| 2026-03-27 | Shraga Ido |
Chief Technology Officer |
Award↑
Filing footnotes — Common Stock (Indirect)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, 160,000 ordinary shares of Cyabra held by the Reporting Person that were outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") were, as of the Effective Time, converted into 577,549 shares of the Issuer. Held by IBI Trust Management in trust for the Reporting Person. |
Common Stock
(I)
|
577,549 |
| 2026-03-27 | Daar Yossef |
Director, Chief Product Officer |
Award↑
Filing footnotes — Common Stock (Indirect)
On March 27, 2026, the Reporting Person was granted 133,000 restricted stock units of the Issuer pursuant to the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan (the "2026 Plan") which were fully vested upon grant. Such grant is effective 30 days after the 2026 Israeli Sub-Plan to the 2026 Plan is filed with the Israel Tax Authority. Held by IBI Trust Management in trust for the Reporting Person. |
Common Stock
(I)
|
133,000 |
| 2026-03-27 | Vu Sonny |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Indirect)
Pursuant to the Merger Agreement, each option to purchase ordinary shares of Cyabra held by FF Alabaster, LLC that was outstanding immediately prior to the Effective Time for an aggregate of 3,328 ordinary shares was, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer, subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time, pursuant to the 2026 Plan. The options were fully vested upon grant. The securities are held directly by FF Alabaster LLC. |
Stock Option (Right to Buy)
(I)
|
12,013 |
| 2026-03-27 | Pompeo Michael |
Director |
Award↑
Filing footnotes — Stock Option(Right to Buy) (Direct)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd., ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, each option to purchase ordinary shares of Cyabra held by the Reporting Person that was outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") for an aggregate of 28,000 ordinary shares was, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer reported herein, subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time, pursuant to the Cyabra, Inc. 2026 Equity Incentive Plan. The options were fully vested upon grant. |
Stock Option(Right to Buy)
|
101,072 |
| 2026-03-27 | Brahmy Dan |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock (Indirect)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, 148,324 ordinary shares of Cyabra held by the Reporting Person that were outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") were, as of the Effective Time, converted into 535,402 shares of the Issuer. Held by IBI Trust Management in trust for the Reporting Person. |
Common Stock
(I)
|
535,402 |
| 2026-03-27 | Vu Sonny |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, 7,571 ordinary shares of Cyabra held by the Reporting Person that were outstanding immediately prior to the effective time of the Business Combination (the "Effective Time") were, as of the Effective Time, converted into 27,329 shares of the Issuer. |
Common Stock
|
27,329 |
| 2026-03-27 | Heymann Emmanuel |
Chief Revenue Officer |
Award↑
Filing footnotes — Stock Option(Right to Buy) (Direct)
Received in connection with the Issuer's business combination with Trailblazer Merger Corporation I ("Trailblazer"), in accordance with the terms of the Merger Agreement, dated July 22, 2024, as amended (the "Merger Agreement"), by and among Trailblazer, Trailblazer Merger Sub, Ltd. ("Merger Sub"), Trailblazer Holdings, Inc. ("Holdings"), and Cyabra Strategy Ltd. ("Cyabra"), pursuant to which (a) Trailblazer merged with and into Holdings, with Holdings as the surviving entity of the merger (the "Parent Merger"), and (b) Merger Sub merged with and into Cyabra, with Cyabra as the surviving entity of the merger (together with the Parent Merger and all other transactions contemplated by the Merger Agreement, the "Business Combination"), following which Merger Sub ceased to exist and Cyabra became a wholly owned subsidiary of Holdings. After giving effect to the Business Combination, Holdings changed its name to the Issuer. Pursuant to the Merger Agreement, options to purchase an aggregate of 8,000 ordinary shares of Cyabra held by the Reporting Person that was outstanding immediately prior to the Effective Time were, as of the Effective Time, cancelled in consideration for the issuance of an option to purchase shares of the Issuer reported herein under the 2026 Plan, subject to the same terms and conditions as were applicable to the corresponding Cyabra option immediately prior to the Effective Time (the "January 2025 Replacement Option"). Pursuant to the terms of the January 2025 Replacement Option (as defined below), the January 2025 Replacement Option has vested in part and shall vest over a period of three (3) years and ten (10) months as follows: The January 2025 Replacement Option shall vest over a period of three (3) years and ten (10) months as follows: Twenty-five percent (25%) vested upon the lapse of 10 months from January 1, 2025 (the "2025 Vesting Commencement Date") and the remaining 75% of the shares subject to the January 2025 Replacement Option have vested and shall vest on equal portions upon the lapse of the last day of each subsequent month thereafter, so that the January 2025 Replacement Option shall be fully vested by the thirty-sixth (36) month from the 2025 Vesting Commencement Date, pursuant to the 2026 Plan. |
Stock Option(Right to Buy)
|
28,883 |