Kamada Ltd. — Director's Dealing 2026

Apr 9, 2026

FORM 4

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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OMB APPROVAL
OMB Number: 3235-0287
Estimated average
burden hours 0.5
per response
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Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[] 2. Issuer Name and* Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Payorski Lilach KAMADA LTD [ KMDA ] X Director 10% Owner 2a. Foreign Trading Symbol (Last) (First) (Middle) Officer (give title Other (specify below) below) 2 HOLTZMAN ST. (Street) 3. Date of Earliest Transaction (Month/Day/Year) 04/07/2026 REHOVOT 4287500 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) (City) (State) (Zip/Postal Code) X Form filed by One Reporting Person ISRAEL Form filed by More than One Reporting Person (Country)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

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1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and 5) Securities Form: Direct of Indirect
(Month/Day/Year) any Code (Instr. Beneficially Owned (D) or Indirect Beneficial
(Month/Day/Year) 8) Following Reported (I) (Instr. 4) Ownership
Transaction(s) (Instr. 4)
Code V Amount (A) or Price (Instr. 3 and 4)
(D)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount 8. Price 9. Number 10. 11. Nature
Derivative Conversion Date Execution Date, if Transaction Derivative Expiration Date of Securities of of Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code (Instr. Securities Acquired (Month/Day/Year) Underlying Derivative Derivative Derivative Form: Beneficial
(Instr. 3) Price of (Month/Day/Year) 8) (A) or Disposed of Security (Instr. 3 and Security Securities Direct (D) Ownership
Derivative (D) (Instr. 3, 4 4) (Instr. 5) Beneficially or Indirect (Instr. 4)
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Number (s) (Instr. 4)
Date Expiration of
Code V (A) (D) Exercisable Date Title Shares
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2023(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2023] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trustee
(right to (4)
buy)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2024(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2024] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trustee
(right to (4)
buy)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2025(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2025] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trustee
(right to (4)
buy)
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Employee $5.87 [(1)] 04/07/2026 A 7,500 12/22/2026 06/22/2029 Ordinary 7,500 (2) 7,500 I Held by
Stock (2) (3) Shares trustee
Option (4)
(right to
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2026] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trustee
(right to (4)
buy)
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Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/S/ Lilach Payorski 04/09/2026 ** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

• Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Washington, D.C. 20549

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

or Section 30(h) of the Investment Company Act of 1940

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[] 2. Issuer Name and* Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer RECANATI LEON KAMADA LTD [ KMDA ] (Check all applicable) X Director 10% Owner 2a. Foreign Trading Symbol (Last) (First) (Middle) Officer (give title below) Other (specify below) 2 HOLTZMAN ST. (Street) 3. Date of Earliest Transaction (Month/Day/Year) 04/07/2026 REHOVOT (City) (State) (Zip/Postal Code) 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person ISRAEL Form filed by More than One Reporting Person

(Country)

1. Title of Security (Instr. 3)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 2. Transaction Date 2A. Deemed 3. Transaction 4. Securities Acquired (A) or Disposed Of (D) 5. Amount of Securities 6. Ownership Form: 7. Nature of (Month/Day/Year) Execution Date, if Code (Instr. 8) (Instr. 3, 4 and 5) Beneficially Owned Direct (D) or Indirect Indirect any Following Reported (I) (Instr. 4) Beneficial (Month/Day/Year) Code V Amount (A) or (D) Price Transaction(s) (Instr. 3 and 4) Ownership (Instr. 4)

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Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of Securities 8. Price of 9. Number of 10. 11. Nature of
Conversion Date Execution Date, if Transaction Derivative Expiration Date Underlying Derivative Security (Instr. Derivative Derivative Ownership Indirect
or Exercise (Month/Day/Year) any Code (Instr. Securities Acquired (Month/Day/Year) 3 and 4) Security Securities Form: Beneficial
Price of (Month/Day/Year) 8) (A) or Disposed of (Instr. 5) Beneficially Direct (D) Ownership
Derivative (D) (Instr. 3, 4 Owned or Indirect (Instr. 4)
Security and 5) Following (I) (Instr. 4)
Reported
Amount or Transaction(s)
Date Expiration Number of (Instr. 4)
Code V (A) (D) Exercisable Date Title Shares
Employee Stock Option (right to buy) $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2021(3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2021] (3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2022(3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2022] (3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2023(3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2023] (3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2023(3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2023] (3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2024(3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2024] (3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2024(3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2024] (3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2025(3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2025] (3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2026(3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2026] (3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
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Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Leon Recanati

• ** Signature of Reporting Person

04/09/2026 Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Washington, D.C. 20549

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

or Section 30(h) of the Investment Company Act of 1940

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[] 2. Issuer Name and* Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer Goldwasser Karnit KAMADA LTD [ KMDA ] (Check all applicable) X Director 10% Owner 2a. Foreign Trading Symbol (Last) (First) (Middle) Officer (give title below) Other (specify below) 2 HOLTZMAN ST. (Street) 3. Date of Earliest Transaction (Month/Day/Year) 04/07/2026 REHOVOT (City) (State) (Zip/Postal Code) 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person ISRAEL Form filed by More than One Reporting Person

(Country)

1. Title of Security (Instr. 3)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 2. Transaction Date 2A. Deemed 3. Transaction 4. Securities Acquired (A) or Disposed Of (D) 5. Amount of Securities 6. Ownership Form: 7. Nature of (Month/Day/Year) Execution Date, if Code (Instr. 8) (Instr. 3, 4 and 5) Beneficially Owned Direct (D) or Indirect Indirect any Following Reported (I) (Instr. 4) Beneficial (Month/Day/Year) Code V Amount (A) or (D) Price Transaction(s) (Instr. 3 and 4) Ownership (Instr. 4)

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Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of Securities 8. Price of 9. Number of 10. 11. Nature of
Conversion Date Execution Date, if Transaction Derivative Expiration Date Underlying Derivative Security (Instr. Derivative Derivative Ownership Indirect
or Exercise (Month/Day/Year) any Code (Instr. Securities Acquired (Month/Day/Year) 3 and 4) Security Securities Form: Beneficial
Price of (Month/Day/Year) 8) (A) or Disposed of (Instr. 5) Beneficially Direct (D) Ownership
Derivative (D) (Instr. 3, 4 Owned or Indirect (Instr. 4)
Security and 5) Following (I) (Instr. 4)
Reported
Amount or Transaction(s)
Date Expiration Number of (Instr. 4)
Code V (A) (D) Exercisable Date Title Shares
Employee Stock Option (right to buy) $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2021(3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2021] (3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2022(3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2022] (3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2023(3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2023] (3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2023(3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2023] (3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2024(3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2024] (3) 09/25/2026 Ordinary Shares 6,625 (2) 6,625 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2024(3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2024] (3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2025(3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2025] (3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2026(3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2026] (3) 06/22/2029 Ordinary Shares 7,500 (2) 7,500 I Held by trustee [(4)]
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Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Karnit Goldwasser

• ** Signature of Reporting Person

04/09/2026 Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

OMB APPROVAL

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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1. Name and Address of Reporting Person [] 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DAVIDI ISHAY KAMADA LTD [ KMDA ]
X Director X 10% Owner
2a. Foreign Trading Symbol
(Last) (First) (Middle) Officer (give title Other (specify
below) below)
94 YIGAL ALON ST., ALON TOWER 2.
3. Date of Earliest Transaction (Month/Day/Year)
(Street) 04/07/2026
TEL AVIV 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
Line)
(City) (State) (Zip/Postal Code)
X Form filed by One Reporting Person
ISRAEL
Form filed by More than One Reporting
Person
(Country)
----- End of picture text -----*

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

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1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and Securities Form: Direct of Indirect
(Month/Day/Year) any Code (Instr. 5) Beneficially (D) or Indirect Beneficial
(Month/Day/Year) 8) Owned Following (I) (Instr. 4) Ownership
Reported (Instr. 4)
Code V Amount (A) or Price Transaction(s)
(D) (Instr. 3 and 4)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount 8. Price 9. Number 10. 11. N
Derivative Conversion Date Execution Date, if Transaction Derivative Expiration Date of Securities of of Ownership of In
Security or Exercise (Month/Day/Year) any Code (Instr. Securities Acquired (Month/Day/Year) Underlying Derivative Derivative Derivative Form: Bene
(Instr. 3) Price of (Month/Day/Year) 8) (A) or Disposed of Security (Instr. 3 and Security Securities Direct (D) Own
Derivative (D) (Instr. 3, 4 4) (Instr. 5) Beneficially or Indirect (Inst
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Number (s) (Instr. 4)
Date Expiration of
Code V (A) (D) Exercisable Date Title Shares
Employee
Stock Hel
Option $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2021(3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2021] (3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2022(3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2022] (3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trus
(right to (4)
buy)
Employee $7.23 [(1)] 04/07/2026 A 6,625 03/25/2023 09/25/2026 Ordinary 6,625 (2) 6,625 I Hel
Stock (2) (3) Shares trus
Option (4)
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(right to
buy)
Employee
Stock Hel
Option $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2023] (3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2023(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2023] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2024(3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2024] (3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2024(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2024] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2025(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2025] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2026(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2026] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trus
(right to (4)
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend

distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

1. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

2. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Ishay Davidi 04/09/2026 ** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Check this box if no longer subject to Section 16. Form 4 or STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Form 5 obligations may continue. See Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

==> picture [124 x 49] intentionally omitted <==

----- Start of picture text -----

OMB APPROVAL
OMB Number: 3235-0287
Estimated average
burden hours 0.5
per response
----- End of picture text -----

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[] 2. Issuer Name and* Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer Tsur David KAMADA LTD [ KMDA ] (Check all applicable) X Director 10% Owner 2a. Foreign Trading Symbol (Last) (First) (Middle) Officer (give title Other (specify below) below) 2 HOLTZMAN ST. (Street) 3. Date of Earliest Transaction (Month/Day/Year) 04/07/2026 REHOVOT 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) (City) (State) (Zip/Postal Code) X Form filed by One Reporting Person ISRAEL Form filed by More than One Reporting Person (Country)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

==> picture [517 x 472] intentionally omitted <==

----- Start of picture text -----

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and 5) Securities Form: Direct of Indirect
(Month/Day/Year) any Code (Instr. Beneficially Owned (D) or Indirect Beneficial
(Month/Day/Year) 8) Following Reported (I) (Instr. 4) Ownership
Transaction(s) (Instr. 4)
Code V Amount (A) or Price (Instr. 3 and 4)
(D)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount 8. Price 9. Number 10. 11. Nature
Derivative Conversion Date Execution Date, if Transaction Derivative Expiration Date of Securities of of Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code (Instr. Securities Acquired (Month/Day/Year) Underlying Derivative Derivative Derivative Form: Beneficial
(Instr. 3) Price of (Month/Day/Year) 8) (A) or Disposed of Security (Instr. 3 and Security Securities Direct (D) Ownership
Derivative (D) (Instr. 3, 4 4) (Instr. 5) Beneficially or Indirect (Instr. 4)
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Number (s) (Instr. 4)
Date Expiration of
Code V (A) (D) Exercisable Date Title Shares
Employee
Stock Option $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2021(3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2021] (3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trustee
(right to (4)
buy)
Employee
Stock Option $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2022(3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2022] (3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trustee
(right to (4)
buy)
Employee
Stock Option $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2023(3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2023] (3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trustee
(right to (4)
buy)
----- End of picture text -----

==> picture [517 x 496] intentionally omitted <==

----- Start of picture text -----

Employee $5.87 [(1)] 04/07/2026 A 7,500 12/22/2023 06/22/2029 Ordinary 7,500 (2) 7,500 I Held by
Stock (2) (3) Shares trustee
Option (4)
(right to
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2023] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trustee
(right to (4)
buy)
Employee
Stock Option $7.23(2) [(1)] 04/07/2026 A 6,625 03/25/2024(3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.48 [(1)] 04/07/2026 D 6,625 [03/25/2024] (3) 09/25/2026 [Ordinary ] Shares 6,625 (2) 6,625 I trustee
(right to (4)
buy)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2024(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2024] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trustee
(right to (4)
buy)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2025(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2025] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trustee
(right to (4)
buy)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 7,500 12/22/2026(3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 7,500 [12/22/2026] (3) 06/22/2029 [Ordinary ] Shares 7,500 (2) 7,500 I trustee
(right to (4)
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/S/ David Tsur ** Signature of Reporting Person	04/09/2026
	Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Itshayek Assaf	1. Name and Address of Reporting Itshayek Assaf	Person*	2. Issuer NameandTicker or Trading Symbol KAMADA LTD [ KMDA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner
(Last)	(First)	(Middle)	2a. Foreign Trading Symbol		Officer (give title	Other (specify
					below)	below)
2 HOLTZMAN	ST.
			3. Date of Earliest Transaction (Month/Day/Year)
(Street)			04/07/2026
REHOVOT			4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable
				Line)
(City)	(State)	(Zip/Postal Code)		X	Form filed by One Reporting Person
ISRAEL					Form filed by More than One Reporting
					Person
(Country)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

==> picture [538 x 438] intentionally omitted <==

----- Start of picture text -----

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and Securities Form: Direct of Indirect
(Month/Day/Year) any Code (Instr. 5) Beneficially (D) or Indirect Beneficial
(Month/Day/Year) 8) Owned Following (I) (Instr. 4) Ownership
Reported (Instr. 4)
Code V Amount (A) or Price Transaction(s)
(D) (Instr. 3 and 4)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount 8. Price 9. Number 10. 11. N
Derivative Conversion Date Execution Date, if Transaction Derivative Expiration Date of Securities of of Ownership of In
Security or Exercise (Month/Day/Year) any Code (Instr. Securities Acquired (Month/Day/Year) Underlying Derivative Derivative Derivative Form: Bene
(Instr. 3) Price of (Month/Day/Year) 8) (A) or Disposed of Security (Instr. 3 and Security Securities Direct (D) Own
Derivative (D) (Instr. 3, 4 4) (Instr. 5) Beneficially or Indirect (Inst
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Number (s) (Instr. 4)
Date Expiration of
Code V (A) (D) Exercisable Date Title Shares
Employee
Stock Hel
Option $5.98(2) [(1)] 04/07/2026 A 4,000 09/07/2024(3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $6.23 [(1)] 04/07/2026 D 4,000 [09/07/2024] (3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $5.98(2) [(1)] 04/07/2026 A 4,000 09/07/2025(3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $6.23 [(1)] 04/07/2026 D 4,000 [09/07/2025] (3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trus
(right to (4)
buy)
Employee $5.98 [(1)] 04/07/2026 A 4,000 09/07/2026 03/07/2030 Ordinary 4,000 (2) 4,000 I Hel
Stock (2) (3) Shares trus
Option (4)
----- End of picture text -----

==> picture [537 x 184] intentionally omitted <==

----- Start of picture text -----

(right to
buy)
Employee
Stock Hel
Option $6.23 [(1)] 04/07/2026 D 4,000 [09/07/2026] (3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $5.98(2) [(1)] 04/07/2026 A 4,000 09/07/2027(3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trus
(right to (4)
buy)
Employee
Stock Hel
Option $6.23 [(1)] 04/07/2026 D 4,000 [09/07/2027] (3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trus
(right to (4)
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Assaf Itshayek 04/09/2026 ** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

==> picture [534 x 625] intentionally omitted <==

----- Start of picture text -----

1. Name and Address of Reporting Person [] 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Dekel Benjamin KAMADA LTD [ KMDA ]
X Director 10% Owner
2a. Foreign Trading Symbol
(Last) (First) (Middle) Officer (give title Other (specify
below) below)
2 HOLTZMAN ST.
(Street) 3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
REHOVOT
4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
(City) (State) (Zip/Postal Code)
X Form filed by One Reporting Person
ISRAEL
Form filed by More than One Reporting Person
(Country)
Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and 5) Securities Form: Direct of Indirect
(Month/Day/Year) any Code (Instr. Beneficially Owned (D) or Indirect Beneficial
(Month/Day/Year) 8) Following Reported (I) (Instr. 4) Ownership
Transaction(s) (Instr. 4)
Code V Amount (A) or Price (Instr. 3 and 4)
(D)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount 8. Price 9. Number 10. 11. Nature
Derivative Conversion Date Execution Date, if Transaction Derivative Expiration Date of Securities of of Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code (Instr. Securities Acquired (Month/Day/Year) Underlying Derivative Derivative Derivative Form: Beneficial
(Instr. 3) Price of (Month/Day/Year) 8) (A) or Disposed of Security (Instr. 3 and Security Securities Direct (D) Ownership
Derivative (D) (Instr. 3, 4 4) (Instr. 5) Beneficially or Indirect (Instr. 4)
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Number (s) (Instr. 4)
Date Expiration of
Code V (A) (D) Exercisable Date Title Shares
Employee
Stock Option $5.98(2) [(1)] 04/07/2026 A 4,000 09/07/2024(3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.23 [(1)] 04/07/2026 D 4,000 [09/07/2024] (3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trustee
(right to (4)
buy)
Employee
Stock Option $5.98(2) [(1)] 04/07/2026 A 4,000 09/07/2025(3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.23 [(1)] 04/07/2026 D 4,000 [09/07/2025] (3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trustee
(right to (4)
buy)
Employee
Stock Held by
Option $5.98(2) [(1)] 04/07/2026 A 4,000 09/07/2026(3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trustee
(right to (4)
buy)
Employee $6.23 [(1)] 04/07/2026 D 4,000 09/07/2026 03/07/2030 Ordinary 4,000 (2) 4,000 I Held by
Stock (3) Shares trustee
Option (4)
----- End of picture text -----*

==> picture [534 x 126] intentionally omitted <==

----- Start of picture text -----

(right to
buy)
Employee
Stock Option $5.98(2) [(1)] 04/07/2026 A 4,000 09/07/2027(3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.23 [(1)] 04/07/2026 D 4,000 [09/07/2027] (3) 03/07/2030 [Ordinary ] Shares 4,000 (2) 4,000 I trustee
(right to (4)
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Benjamin Dekel ** Signature of Reporting Person	04/09/2026
	Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

==> picture [530 x 140] intentionally omitted <==

----- Start of picture text -----

1. Name and Address of Reporting Person [] 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Brenner Yael KAMADA LTD [ KMDA ]
Director 10% Owner
2a. Foreign Trading Symbol
(Last) (First) (Middle) X Officer (give title Other (specify
below) below)
2 HOLTZMAN ST.
VP Quality
3. Date of Earliest Transaction (Month/Day/Year)
(Street) 04/07/2026
REHOVOT 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
Line)
(City) (State) (Zip/Postal Code)
X Form filed by One Reporting Person
ISRAEL
Form filed by More than One Reporting
Person
(Country)
----- End of picture text -----*

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

==> picture [535 x 438] intentionally omitted <==

----- Start of picture text -----

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and Securities Form: Direct of Indirect
(Month/Day/Year) any Code (Instr. 5) Beneficially (D) or Indirect Beneficial
(Month/Day/Year) 8) Owned Following (I) (Instr. 4) Ownership
Reported (Instr. 4)
Code V Amount (A) or Price Transaction(s)
(D) (Instr. 3 and 4)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of 8. Price 9. Number 10.
Derivative Conversion Date Execution Date, if Transaction Derivative Securities Expiration Date Securities Underlying of of Ownership
Security or Exercise (Month/Day/Year) any Code (Instr. Acquired (A) or (Month/Day/Year) Derivative Security Derivative Derivative Form:
(Instr. 3) Price of (Month/Day/Year) 8) Disposed of (D) (Instr. (Instr. 3 and 4) Security Securities Direct (D)
Derivative 3, 4 (Instr. 5) Beneficially or Indirect
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Date Expiration Number (s) (Instr. 4)
Code V (A) (D) Exercisable Date Title of Shares
Employee
Stock
Option $5.87(2) [(1)] 04/07/2026 A 15,000 02/28/2023(3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $6.12 [(1)] 04/07/2026 D 15,000 [02/28/2023] (3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $5.87(2) [(1)] 04/07/2026 A 15,000 02/28/2024(3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $6.12 [(1)] 04/07/2026 D 15,000 [02/28/2024] (3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee $5.87 [(1)] 04/07/2026 A 15,000 02/28/2025 08/28/2028 Ordinary 15,000 (2) 15,000 I
Stock (2) (3) Shares
Option
(right to
buy)
----- End of picture text -----

==> picture [535 x 588] intentionally omitted <==

----- Start of picture text -----

Employee
Stock
Option $6.12 [(1)] 04/07/2026 D 15,000 [02/28/2025] (3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $5.87(2) [(1)] 04/07/2026 A 15,000 02/28/2026(3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $6.12 [(1)] 04/07/2026 D 15,000 [02/28/2026] (3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2026(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2026] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2027(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2027] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2028(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2028] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2029(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2029] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/S/ Yael Brenner 04/09/2026 ** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Beladev Shavit	1. Name and Address of Reporting Beladev Shavit	Person*	2. Issuer NameandTicker or Trading Symbol KAMADA LTD [ KMDA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner
(Last)	(First)	(Middle)	2a. Foreign Trading Symbol	X	Officer (give title below) Other (specify below)
2 HOLTZMAN	ST.		3. Date of Earliest Transaction (Month/Day/Year)		VP Plasma Operations
(Street)			04/07/2026
REHOVOT			4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable
				Line)
(City)	(State)	(Zip/Postal Code)		X	Form filed by One Reporting Person
ISRAEL					Form filed by More than One Reporting
					Person
(Country)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

==> picture [535 x 438] intentionally omitted <==

----- Start of picture text -----

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and Securities Form: Direct of Indirect
(Month/Day/Year) any Code (Instr. 5) Beneficially (D) or Indirect Beneficial
(Month/Day/Year) 8) Owned Following (I) (Instr. 4) Ownership
Reported (Instr. 4)
Code V Amount (A) or Price Transaction(s)
(D) (Instr. 3 and 4)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of 8. Price 9. Number 10.
Derivative Conversion Date Execution Date, if Transaction Derivative Securities Expiration Date Securities Underlying of of Ownership
Security or Exercise (Month/Day/Year) any Code (Instr. Acquired (A) or (Month/Day/Year) Derivative Security Derivative Derivative Form:
(Instr. 3) Price of (Month/Day/Year) 8) Disposed of (D) (Instr. (Instr. 3 and 4) Security Securities Direct (D)
Derivative 3, 4 (Instr. 5) Beneficially or Indirect
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Date Expiration Number (s) (Instr. 4)
Code V (A) (D) Exercisable Date Title of Shares
Employee
Stock
Option $5.87(2) [(1)] 04/07/2026 A 15,000 02/28/2026(3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $6.12 [(1)] 04/07/2026 D 15,000 [02/28/2026] (3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2026(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2026] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee $7.25 [(1)] 04/07/2026 A 15,000 10/22/2027 10/22/2035 Ordinary 15,000 (2) 15,000 I
Stock (2) (3) Shares
Option
(right to
buy)
----- End of picture text -----

==> picture [535 x 268] intentionally omitted <==

----- Start of picture text -----

Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2027] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2028(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2028] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2029(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2029] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/S/ Shavit Beladev 04/09/2026 ** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[] 2. Issuer Name and* Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer Pinchuk Orit KAMADA LTD [ KMDA ] (Check all applicable)Director 10% Owner 2a. Foreign Trading Symbol (Last) (First) (Middle) X Officer (give title Other (specify below) below) 2 HOLTZMAN ST. VP Regulatory Affairs (Street) 3. Date of Earliest Transaction (Month/Day/Year) 04/07/2026 REHOVOT 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) (City) (State) (Zip/Postal Code) X Form filed by One Reporting Person ISRAEL Form filed by More than One Reporting Person (Country)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature of Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and 5) Securities Form: Direct (D) Indirect (Month/Day/Year) any Code (Instr. Beneficially Owned or Indirect (I) Beneficial (Month/Day/Year) 8) Following Reported (Instr. 4) Ownership Transaction(s) (Instr. 4) Code V Amount (A) or Price (Instr. 3 and 4) (D)

Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

==> picture [533 x 384] intentionally omitted <==

----- Start of picture text -----

1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of 8. Price 9. Number 10. 11. Nature
Derivative Conversion Date Execution Date, if Transaction Derivative Securities Expiration Date Securities Underlying of of Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code (Instr. Acquired (A) or (Month/Day/Year) Derivative Security Derivative Derivative Form: Beneficial
(Instr. 3) Price of (Month/Day/Year) 8) Disposed of (D) (Instr. (Instr. 3 and 4) Security Securities Direct (D) Ownership
Derivative 3, 4 (Instr. 5) Beneficially or Indirect (Instr. 4)
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Date Expiration Number (s) (Instr. 4)
Code V (A) (D) Exercisable Date Title of Shares
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 15,000 02/28/2026(3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 15,000 [02/28/2026] (3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2026(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2026] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2027(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2027] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
04/07/2026 A 15,000 10/22/2035 15,000 15,000 I
----- End of picture text -----

==> picture [535 x 200] intentionally omitted <==

----- Start of picture text -----

Employee $7.25 [(1)] 10/22/2028 Ordinary (2) Held by
Stock (2) (3) Shares trustee
Option (4)
(right to
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2028] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2029(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2029] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Orit Pinchuk

** Signature of Reporting Person

04/09/2026 Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

OMB APPROVAL

Washington, D.C. 20549

OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

or Section 30(h) of the Investment Company Act of 1940

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[*] Livneh Nir

2. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol Livneh Nir KAMADA LTD [ KMDA ] 2a. Foreign Trading Symbol (Last) (First) (Middle) 2 HOLTZMAN ST. (Street) 3. Date of Earliest Transaction (Month/Day/Year) 04/07/2026 REHOVOT (City) (State) (Zip/Postal Code) 4. If Amendment, Date of Original Filed (Month/Day/Year) ISRAEL

3. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP, General Counsel

4. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

(Country)

1. Title of Security (Instr. 3)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 2. Transaction Date 2A. Deemed 3. Transaction 4. Securities Acquired (A) or Disposed Of (D) 5. Amount of Securities 6. Ownership Form: 7. Nature of (Month/Day/Year) Execution Date, if Code (Instr. 8) (Instr. 3, 4 and 5) Beneficially Owned Direct (D) or Indirect Indirect any Following Reported (I) (Instr. 4) Beneficial (Month/Day/Year) Code V Amount (A) or (D) Price Transaction(s) (Instr. 3 and 4) Ownership (Instr. 4)

Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned

==> picture [514 x 367] intentionally omitted <==

----- Start of picture text -----

(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of Securities 8. Price of 9. Number of 10. 11. Nature of
Conversion Date Execution Date, if Transaction Derivative Securities Expiration Date Underlying Derivative Security (Instr. Derivative Derivative Ownership Indirect
or Exercise (Month/Day/Year) any Code (Instr. Acquired (A) or (Month/Day/Year) 3 and 4) Security Securities Form: Beneficial
Price of (Month/Day/Year) 8) Disposed of (D) (Instr. (Instr. 5) Beneficially Direct (D) Ownership
Derivative 3, 4 Owned or Indirect (Instr. 4)
Security and 5) Following (I) (Instr. 4)
Reported
Amount or Transaction(s)
Date Expiration Number of (Instr. 4)
Code V (A) (D) Exercisable Date Title Shares
Employee Stock Option (right to buy) $5.33(2) [(1)] 04/07/2026 A 9,485 04/23/2024(3) 10/23/2029 Ordinary Shares 9,485 (2) 9,485 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.58 [(1)] 04/07/2026 D 9,485 04/23/2024(3) 10/23/2029 Ordinary Shares 9,485 (2) 9,485 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.33(2) [(1)] 04/07/2026 A 10,000 04/23/2025(3) 10/23/2029 Ordinary Shares 10,000 (2) 10,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.58 [(1)] 04/07/2026 D 10,000 [04/23/2025] (3) 10/23/2029 Ordinary Shares 10,000 (2) 10,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.33(2) [(1)] 04/07/2026 A 10,000 04/23/2026(3) 10/23/2029 Ordinary Shares 10,000 (2) 10,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.58 [(1)] 04/07/2026 D 10,000 [04/23/2026] (3) 10/23/2029 Ordinary Shares 10,000 (2) 10,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2026(3) 10/22/2035 Ordinary Shares 15,000 (2) 15,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2026] (3) 10/22/2035 Ordinary Shares 15,000 (2) 15,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.33(2) [(1)] 04/07/2026 A 10,000 04/23/2027(3) 10/23/2029 Ordinary Shares 10,000 (2) 10,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.58 [(1)] 04/07/2026 D 10,000 [04/23/2027] (3) 10/23/2029 Ordinary Shares 10,000 (2) 10,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2027(3) 10/22/2035 Ordinary Shares 15,000 (2) 15,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2027] (3) 10/22/2035 Ordinary Shares 15,000 (2) 15,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2028(3) 10/22/2035 Ordinary Shares 15,000 (2) 15,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2028] (3) 10/22/2035 Ordinary Shares 15,000 (2) 15,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2029(3) 10/22/2035 Ordinary Shares 15,000 (2) 15,000 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2029] (3) 10/22/2035 Ordinary Shares 15,000 (2) 15,000 I Held by trustee [(4)]
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Nir Livneh

** Signature of Reporting Person

Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

04/09/2026

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[] 2. Issuer Name and* Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer Reshef Liron KAMADA LTD [ KMDA ] (Check all applicable)Director 10% Owner 2a. Foreign Trading Symbol (Last) (First) (Middle) X Officer (give title Other (specify below) below) 2 HOLTZMAN ST. VP Human Resources (Street) 3. Date of Earliest Transaction (Month/Day/Year) 04/07/2026 REHOVOT 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) (City) (State) (Zip/Postal Code) X Form filed by One Reporting Person ISRAEL Form filed by More than One Reporting Person (Country)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature of Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and 5) Securities Form: Direct (D) Indirect (Month/Day/Year) any Code (Instr. Beneficially Owned or Indirect (I) Beneficial (Month/Day/Year) 8) Following Reported (Instr. 4) Ownership Transaction(s) (Instr. 4) Code V Amount (A) or Price (Instr. 3 and 4) (D)

Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

==> picture [533 x 384] intentionally omitted <==

----- Start of picture text -----

1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of 8. Price 9. Number 10. 11. Nature
Derivative Conversion Date Execution Date, if Transaction Derivative Securities Expiration Date Securities Underlying of of Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code (Instr. Acquired (A) or (Month/Day/Year) Derivative Security Derivative Derivative Form: Beneficial
(Instr. 3) Price of (Month/Day/Year) 8) Disposed of (D) (Instr. (Instr. 3 and 4) Security Securities Direct (D) Ownership
Derivative 3, 4 (Instr. 5) Beneficially or Indirect (Instr. 4)
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Date Expiration Number (s) (Instr. 4)
Code V (A) (D) Exercisable Date Title of Shares
Employee
Stock Option $5.04(2) [(1)] 04/07/2026 A 10,000 03/02/2024(3) 09/02/2029 [Ordinary ] Shares 10,000 (2) 10,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $5.29 [(1)] 04/07/2026 D 10,000 [03/02/2024] (3) 09/02/2029 [Ordinary ] Shares 10,000 (2) 10,000 I trustee
(right to (4)
buy)
Employee
Stock Option $5.04(2) [(1)] 04/07/2026 A 10,000 03/02/2025(3) 09/02/2029 [Ordinary ] Shares 10,000 (2) 10,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $5.29 [(1)] 04/07/2026 D 10,000 [03/02/2025] (3) 09/02/2029 [Ordinary ] Shares 10,000 (2) 10,000 I trustee
(right to (4)
buy)
Employee
Stock Option $5.04(2) [(1)] 04/07/2026 A 10,000 03/02/2026(3) 09/02/2029 [Ordinary ] Shares 10,000 (2) 10,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $5.29 [(1)] 04/07/2026 D 10,000 [03/02/2026] (3) 09/02/2029 [Ordinary ] Shares 10,000 (2) 10,000 I trustee
(right to (4)
buy)
04/07/2026 A 15,000 10/22/2035 15,000 15,000 I
----- End of picture text -----

==> picture [535 x 501] intentionally omitted <==

----- Start of picture text -----

Employee $7.25 [(1)] 10/22/2026 Ordinary (2) Held by
Stock (2) (3) Shares trustee
Option (4)
(right to
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2026] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
Employee
Stock Option $5.04(2) [(1)] 04/07/2026 A 10,000 03/02/2027(3) 09/02/2029 [Ordinary ] Shares 10,000 (2) 10,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $5.29 [(1)] 04/07/2026 D 10,000 [03/02/2027] (3) 09/02/2029 [Ordinary ] Shares 10,000 (2) 10,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2027(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2027] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2028(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2028] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2029(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2029] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I trustee
(right to (4)
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Liron Reshef 04/09/2026 ** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Neheman Hanni	1. Name and Address of Reporting Neheman Hanni	Person*	2. Issuer NameandTicker or Trading Symbol KAMADA LTD [ KMDA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner
(Last)	(First)	(Middle)	2a. Foreign Trading Symbol	X	Officer (give title below) Other (specify below)
2 HOLTZMAN	ST.		3. Date of Earliest Transaction (Month/Day/Year)		VP, Marketing & Sales
(Street)			04/07/2026
REHOVOT			4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable
				Line)
(City)	(State)	(Zip/Postal Code)		X	Form filed by One Reporting Person
ISRAEL					Form filed by More than One Reporting
					Person
(Country)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

==> picture [535 x 438] intentionally omitted <==

----- Start of picture text -----

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and Securities Form: Direct of Indirect
(Month/Day/Year) any Code (Instr. 5) Beneficially (D) or Indirect Beneficial
(Month/Day/Year) 8) Owned Following (I) (Instr. 4) Ownership
Reported (Instr. 4)
Code V Amount (A) or Price Transaction(s)
(D) (Instr. 3 and 4)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of 8. Price 9. Number 10.
Derivative Conversion Date Execution Date, if Transaction Derivative Securities Expiration Date Securities Underlying of of Ownership
Security or Exercise (Month/Day/Year) any Code (Instr. Acquired (A) or (Month/Day/Year) Derivative Security Derivative Derivative Form:
(Instr. 3) Price of (Month/Day/Year) 8) Disposed of (D) (Instr. (Instr. 3 and 4) Security Securities Direct (D)
Derivative 3, 4 (Instr. 5) Beneficially or Indirect
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Date Expiration Number (s) (Instr. 4)
Code V (A) (D) Exercisable Date Title of Shares
Employee
Stock
Option $5.87(2) [(1)] 04/07/2026 A 15,000 02/28/2026(3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $6.12 [(1)] 04/07/2026 D 15,000 [02/28/2026] (3) 08/28/2028 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2026(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2026] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee $7.25 [(1)] 04/07/2026 A 15,000 10/22/2027 10/22/2035 Ordinary 15,000 (2) 15,000 I
Stock (2) (3) Shares
Option
(right to
buy)
----- End of picture text -----

==> picture [535 x 268] intentionally omitted <==

----- Start of picture text -----

Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2027] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2028(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2028] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.25(2) [(1)] 04/07/2026 A 15,000 10/22/2029(3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
Employee
Stock
Option $7.5 [(1)] 04/07/2026 D 15,000 [10/22/2029] (3) 10/22/2035 [Ordinary ] Shares 15,000 (2) 15,000 I
(right to
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Hanni Neheman 04/09/2026 ** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[] 2. Issuer Name and* Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer Nir Eran KAMADA LTD [ KMDA ] (Check all applicable)Director 10% Owner 2a. Foreign Trading Symbol (Last) (First) (Middle) X Officer (give title Other (specify below) below) 2 HOLTZMAN ST. VP, Operations (Street) 3. Date of Earliest Transaction (Month/Day/Year) 04/07/2026 REHOVOT 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) (City) (State) (Zip/Postal Code) X Form filed by One Reporting Person ISRAEL Form filed by More than One Reporting Person (Country)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature of Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and 5) Securities Form: Direct (D) Indirect (Month/Day/Year) any Code (Instr. Beneficially Owned or Indirect (I) Beneficial (Month/Day/Year) 8) Following Reported (Instr. 4) Ownership Transaction(s) (Instr. 4) Code V Amount (A) or Price (Instr. 3 and 4) (D)

Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

==> picture [533 x 384] intentionally omitted <==

----- Start of picture text -----

1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of 8. Price 9. Number 10. 11. Nature
Derivative Conversion Date Execution Date, if Transaction Derivative Securities Expiration Date Securities Underlying of of Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code (Instr. Acquired (A) or (Month/Day/Year) Derivative Security Derivative Derivative Form: Beneficial
(Instr. 3) Price of (Month/Day/Year) 8) Disposed of (D) (Instr. (Instr. 3 and 4) Security Securities Direct (D) Ownership
Derivative 3, 4 (Instr. 5) Beneficially or Indirect (Instr. 4)
Security and 5) Owned (I) (Instr.
Following 4)
Amount Reported
or Transaction
Date Expiration Number (s) (Instr. 4)
Code V (A) (D) Exercisable Date Title of Shares
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 22,500 02/28/2026(3) 08/28/2028 [Ordinary ] Shares 22,500 (2) 22,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 22,500 [02/28/2026] (3) 08/28/2028 [Ordinary ] Shares 22,500 (2) 22,500 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 22,500 10/22/2026(3) 10/22/2035 [Ordinary ] Shares 22,500 (2) 22,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 22,500 [10/22/2026] (3) 10/22/2035 [Ordinary ] Shares 22,500 (2) 22,500 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 22,500 10/22/2027(3) 10/22/2035 [Ordinary ] Shares 22,500 (2) 22,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 22,500 [10/22/2027] (3) 10/22/2035 [Ordinary ] Shares 22,500 (2) 22,500 I trustee
(right to (4)
buy)
04/07/2026 A 22,500 10/22/2035 22,500 22,500 I
----- End of picture text -----

==> picture [535 x 200] intentionally omitted <==

----- Start of picture text -----

Employee $7.25 [(1)] 10/22/2028 Ordinary (2) Held by
Stock (2) (3) Shares trustee
Option (4)
(right to
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 22,500 [10/22/2028] (3) 10/22/2035 [Ordinary ] Shares 22,500 (2) 22,500 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 22,500 10/22/2029(3) 10/22/2035 [Ordinary ] Shares 22,500 (2) 22,500 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 22,500 [10/22/2029] (3) 10/22/2035 [Ordinary ] Shares 22,500 (2) 22,500 I trustee
(right to (4)
buy)
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/S/ Eran Nir

** Signature of Reporting Person

04/09/2026 Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

OMB APPROVAL

OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

or Section 30(h) of the Investment Company Act of 1940

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person[*] Orlev Chaime

(Last) (First) (Middle) 2 HOLTZMAN ST. (Street) REHOVOT (City) (State) (Zip/Postal Code) ISRAEL

1. Issuer Name and Ticker or Trading Symbol KAMADA LTD [ KMDA ] 2a. Foreign Trading Symbol

2. Date of Earliest Transaction (Month/Day/Year) 04/07/2026

3. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Financial Officer

5. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

(Country)

1. Title of Security (Instr. 3)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 2. Transaction Date 2A. Deemed 3. Transaction 4. Securities Acquired (A) or Disposed Of (D) 5. Amount of Securities 6. Ownership Form: 7. Nature of (Month/Day/Year) Execution Date, if Code (Instr. 8) (Instr. 3, 4 and 5) Beneficially Owned Direct (D) or Indirect Indirect any Following Reported (I) (Instr. 4) Beneficial (Month/Day/Year) Code V Amount (A) or (D) Price Transaction(s) (Instr. 3 and 4) Ownership (Instr. 4)

Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned

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

==> picture [514 x 392] intentionally omitted <==

----- Start of picture text -----

1. Title of Derivative Security (Instr. 3) 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of Securities 8. Price of 9. Number of 10. 11. Nature of
Conversion Date Execution Date, if Transaction Derivative Securities Expiration Date Underlying Derivative Security (Instr. Derivative Derivative Ownership Indirect
or Exercise (Month/Day/Year) any Code (Instr. Acquired (A) or (Month/Day/Year) 3 and 4) Security Securities Form: Beneficial
Price of (Month/Day/Year) 8) Disposed of (D) (Instr. (Instr. 5) Beneficially Direct (D) Ownership
Derivative 3, 4 Owned or Indirect (Instr. 4)
Security and 5) Following (I) (Instr. 4)
Reported
Amount or Transaction(s)
Date Expiration Number of (Instr. 4)
Code V (A) (D) Exercisable Date Title Shares
Employee Stock Option (right to buy) $5.9 [(1)(2)] 04/07/2026 A 22,500 05/28/2024(3) 11/28/2029 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.15 [(1)] 04/07/2026 D 22,500 [05/28/2024] (3) 11/28/2029 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.9 [(1)(2)] 04/07/2026 A 22,500 05/28/2025(3) 11/28/2029 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.15 [(1)] 04/07/2026 D 22,500 [05/28/2025] (3) 11/28/2029 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.87(2) [(1)] 04/07/2026 A 22,500 02/28/2026(3) 08/28/2028 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.12 [(1)] 04/07/2026 D 22,500 [02/28/2026] (3) 08/28/2028 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.9 [(1)(2)] 04/07/2026 A 22,500 05/28/2026(3) 11/28/2029 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.15 [(1)] 04/07/2026 D 22,500 [05/28/2026] (3) 11/28/2029 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.25(2) [(1)] 04/07/2026 A 22,500 10/22/2026(3) 10/22/2035 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $7.5 [(1)] 04/07/2026 D 22,500 [10/22/2026] (3) 10/22/2035 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $5.9 [(1)(2)] 04/07/2026 A 22,500 05/28/2027(3) 11/28/2029 Ordinary Shares 22,500 (2) 22,500 I Held by trustee [(4)]
Employee Stock Option (right to buy) $6.15 [(1)] 04/07/2026 D 22,500 [05/28/2027] (3) 11/28/2029 Ordinary Shares 22,500 (2) 22,500 I Held by trustee
Employee Stock Option (right to buy) $7.25(2) [(1)] 04/07/2026 A 22,500 10/22/2027(3) 10/22/2035 Ordinary Shares 22,500 (2) 22,500 I Held by trustee
Employee Stock Option (right to buy) $7.5 [(1)] 04/07/2026 D 22,500 [10/22/2027] (3) 10/22/2035 Ordinary Shares 22,500 (2) 22,500 I Held by trustee
Employee Stock Option (right to buy) $7.25(2) [(1)] 04/07/2026 A 22,500 10/22/2028(3) 10/22/2035 Ordinary Shares 22,500 (2) 22,500 I Held by trustee
Employee Stock Option (right to buy) $7.5 [(1)] 04/07/2026 D 22,500 [10/22/2028] (3) 10/22/2035 Ordinary Shares 22,500 (2) 22,500 I Held by trustee
Employee Stock Option (right to buy) $7.25(2) [(1)] 04/07/2026 A 22,500 10/22/2029(3) 10/22/2035 Ordinary Shares 22,500 (2) 22,500 I Held by trustee
Employee Stock Option (right to buy) $7.5 [(1)] 04/07/2026 D 22,500 [10/22/2029] (3) 10/22/2035 Ordinary Shares 22,500 (2) 22,500 I Held by trustee
----- End of picture text -----

Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Chaime Orlev

04/09/2026

** Signature of Reporting Person

Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours 0.5 per response

Washington, D.C. 20549

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

==> picture [348 x 102] intentionally omitted <==

----- Start of picture text -----

1. Name and Address of Reporting Person [] 2. Issuer Name and Ticker or Trading Symbol
Gorelik Boris KAMADA LTD [ KMDA ]
2a. Foreign Trading Symbol
(Last) (First) (Middle)
221 RIVER STREET
(Street) 3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
HOBOKEN NJ 07030
(City) (State) (Zip/Postal Code) 4. If Amendment, Date of Original Filed (Month/Day/Year)
UNITED STATES
(Country)
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1. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP, BD and Strategic Programs

2. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

3. Title of Security (Instr. 3)

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 2. Transaction Date 2A. Deemed 3. Transaction 4. Securities Acquired (A) or Disposed Of (D) 5. Amount of Securities 6. Ownership Form: 7. Nature of (Month/Day/Year) Execution Date, if Code (Instr. 8) (Instr. 3, 4 and 5) Beneficially Owned Direct (D) or Indirect Indirect any Following Reported (I) (Instr. 4) Beneficial (Month/Day/Year) Code V Amount (A) or (D) Price Transaction(s) (Instr. 3 and 4) Ownership (Instr. 4)

Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned

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

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1. Title of Derivative Security (Instr. 3) 2. 3. Transaction 3A. Deemed 4. 5. Number of 6. Date Exercisable and 7. Title and Amount of Securities 8. Price of 9. Number of 10. 11. Nature of
Conversion Date Execution Date, if Transaction Derivative Expiration Date Underlying Derivative Security (Instr. Derivative Derivative Ownership Indirect
or Exercise (Month/Day/Year) any Code (Instr. Securities Acquired (Month/Day/Year) 3 and 4) Security Securities Form: Beneficial
Price of (Month/Day/Year) 8) (A) or Disposed of (Instr. 5) Beneficially Direct (D) Ownership
Derivative (D) (Instr. 3, 4 Owned or Indirect (Instr. 4)
Security and 5) Following (I) (Instr. 4)
Reported
Amount or Transaction(s)
Date Expiration Number of (Instr. 4)
Code V (A) (D) Exercisable Date Title Shares
Employee Stock Option (right to buy) $9.13(2) [(1)] 04/07/2026 A 3,750 08/11/2021(3) 02/11/2027 Ordinary Shares 3,750 (2) 3,750 I Held by trustee [(4)]
Employee Stock Option (right to buy) $9.38 [(1)] 04/07/2026 D 3,750 [08/11/2021] (3) 02/11/2027 Ordinary Shares 3,750 (2) 3,750 I Held by trustee [(4)]
Employee Stock Option (right to buy) $9.13(2) [(1)] 04/07/2026 A 3,750 08/11/2022(3) 02/11/2027 Ordinary Shares 3,750 (2) 3,750 I Held by trustee [(4)]
Employee Stock Option (right to buy) $9.38 [(1)] 04/07/2026 D 3,750 [08/11/2022] (3) 02/11/2027 Ordinary Shares 3,750 (2) 3,750 I Held by trustee [(4)]
Employee Stock Option (right to buy) $9.13(2) [(1)] 04/07/2026 A 3,750 08/11/2023(3) 02/11/2027 Ordinary Shares 3,750 (2) 3,750 I Held by trustee [(4)]
Employee Stock Option (right to buy) $9.38 [(1)] 04/07/2026 D 3,750 [08/11/2023] (3) 02/11/2027 Ordinary Shares 3,750 (2) 3,750 I Held by trustee [(4)]
Employee Stock Option (right to buy) $9.13(2) [(1)] 04/07/2026 A 3,750 08/11/2024(3) 02/11/2027 Ordinary Shares 3,750 (2) 3,750 I Held by trustee [(4)]
Employee Stock Option (right to buy) $9.38 [(1)] 04/07/2026 D 3,750 [08/11/2024] (3) 02/11/2027 Ordinary Shares 3,750 (2) 3,750 I Held by trustee [(4)]
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Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Boris Gorelik

** Signature of Reporting Person

04/09/2026 Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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OMB APPROVAL
OMB Number: 3235-0287
Estimated average
burden hours 0.5
per response
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Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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1. Name and Address of Reporting Person [] 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
London Amir KAMADA LTD [ KMDA ] (Check all applicable)Director 10% Owner
2a. Foreign Trading Symbol
(Last) (First) (Middle) X Officer (give title Other (specify
below) below)
2 HOLTZMAN ST.
Chief Executive Officer
(Street) 3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
REHOVOT
4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
(City) (State) (Zip/Postal Code)
X Form filed by One Reporting Person
ISRAEL
Form filed by More than One Reporting Person
(Country)
Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature of
Date Execution Date, if Transaction Disposed Of (D) (Instr. 3, 4 and 5) Securities Form: Direct (D) Indirect
(Month/Day/Year) any Code (Instr. Beneficially Owned or Indirect (I) Beneficial
(Month/Day/Year) 8) Following Reported (Instr. 4) Ownership
Transaction(s) (Instr. (Instr. 4)
Code V Amount (A) or Price 3 and 4)
(D)
Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. Number of Derivative 6. Date Exercisable and 7. Title and Amount of 8. Price 9. Number 10. 11. Nature
Derivative Conversion Date Execution Date, if Transaction Securities Acquired (A) or Expiration Date Securities Underlying of of Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code (Instr. Disposed of (D) (Instr. 3, (Month/Day/Year) Derivative Security Derivative Derivative Form: Beneficial
(Instr. 3) Price of (Month/Day/Year) 8) 4 (Instr. 3 and 4) Security Securities Direct (D) Ownership
Derivative and 5) (Instr. 5) Beneficially or Indirect (Instr. 4)
Security Owned (I) (Instr.
Amount or Following 4)
Date Expiration Number of Reported
Code V (A) (D) Exercisable Date Title Shares Transaction
(s) (Instr. 4)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 100,000 12/22/2023(3) 06/22/2029 [Ordinary ] Shares 100,000 (2) 100,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 100,000 [12/22/2023] (3) 06/22/2029 [Ordinary ] Shares 100,000 (2) 100,000 I trustee
(right to (4)
buy)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 100,000 12/22/2024(3) 06/22/2029 [Ordinary ] Shares 100,000 (2) 100,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 100,000 [12/22/2024] (3) 06/22/2029 [Ordinary ] Shares 100,000 (2) 100,000 I trustee
(right to (4)
buy)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 100,000 12/22/2025(3) 06/22/2029 [Ordinary ] Shares 100,000 (2) 100,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 100,000 [12/22/2025] (3) 06/22/2029 [Ordinary ] Shares 100,000 (2) 100,000 I trustee
(right to (4)
buy)
Employee $7.25 [(1)] 04/07/2026 A 100,000 12/10/2026 12/10/2035 Ordinary 100,000 (2) 100,000 I Held by
Stock (2) (3) Shares trustee
Option (4)
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(right to
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 100,000 [12/10/2026] (3) 12/10/2035 [Ordinary ] Shares 100,000 (2) 100,000 I trustee
(right to (4)
buy)
Employee
Stock Option $5.87(2) [(1)] 04/07/2026 A 100,000 12/22/2026(3) 06/22/2029 [Ordinary ] Shares 100,000 (2) 100,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $6.12 [(1)] 04/07/2026 D 100,000 [12/22/2026] (3) 06/22/2029 [Ordinary ] Shares 100,000 (2) 100,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 100,000 12/10/2027(3) 12/10/2035 [Ordinary ] Shares 100,000 (2) 100,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 100,000 [12/10/2027] (3) 12/10/2035 [Ordinary ] Shares 100,000 (2) 100,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 100,000 12/10/2028(3) 12/10/2035 [Ordinary ] Shares 100,000 (2) 100,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 100,000 [12/10/2028] (3) 12/10/2035 [Ordinary ] Shares 100,000 (2) 100,000 I trustee
(right to (4)
buy)
Employee
Stock Option $7.25(2) [(1)] 04/07/2026 A 100,000 12/10/2029(3) 12/10/2035 [Ordinary ] Shares 100,000 (2) 100,000 I Held by trustee
(right to (4)
buy)
Employee
Stock Held by
Option $7.5 [(1)] 04/07/2026 D 100,000 [12/10/2029] (3) 12/10/2035 [Ordinary ] Shares 100,000 (2) 100,000 I trustee
(right to (4)
buy)
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Explanation of Responses:

1. All exercise prices presented in U.S. dollars represent a convenience conversion from NIS based on the exchange rate published by the Bank of Israel as of April 6, 2026.

2. The exercise price of the options was adjusted pursuant to the provisions of the Company's 2011 Share Award Plan in connection with a cash dividend distribution declared by the Company's board of directors on March 11, 2026. There are no other changes to the terms and conditions of the option award.

3. Options vest in four equal installments, with 25% vesting on each of the four anniversaries of the date of grant.

4. Held by trustee under the Company's 2011 Share Award Plan.

/s/ Amir London 04/09/2026 ** Signature of Reporting Person Date

/s/ Amir London

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.