# EDGAR Filing Document

**Accession Number:** 0001567529
**File Stem:** 0001213900-26-028059
**Filing Date:** 2026-3
**Character Count:** 12873
**Document Hash:** 9cb25802730f1c4aadfd33333b11f353
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-028059.hdr.sgml**: 20260316

**ACCESSION NUMBER**: 0001213900-26-028059

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260316

**DATE AS OF CHANGE**: 20260316

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KAMADA LTD
- **CENTRAL INDEX KEY:** 0001567529
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHARMACEUTICAL PREPARATIONS [2834]
- **ORGANIZATION NAME:** 03 Life Sciences
- **EIN:** 000000000
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-87516
- **FILM NUMBER:** 26754864

**BUSINESS ADDRESS:**
- **STREET 1:** 2 HOLTZMAN ST., SCIENCE PARK
- **CITY:** REHOVOT
- **STATE:** L3
- **ZIP:** 7670402
- **BUSINESS PHONE:** 97289406472

**MAIL ADDRESS:**
- **STREET 1:** 2 HOLTZMAN ST., SCIENCE PARK
- **CITY:** REHOVOT
- **STATE:** L3
- **ZIP:** 7670402
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RECANATI LEON
- **CENTRAL INDEX KEY:** 0000919590
- **STANDARD INDUSTRIAL CLASSIFICATION:** UNKNOWN SIC - 0000 [0000]

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**MAIL ADDRESS:**
- **STREET 1:** MEDINAT HAYEHUDIM STREET 85
- **STREET 2:** 8TH FLOOR
- **CITY:** HERZELIA PITUAH
- **STATE:** L3
- **ZIP:** L3

## Exhibit 99.1

**Exhibit 99.1**

**JOINT FILING AGREEMENT**

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of shares of Kamada Ltd. In accordance with Rule 13d-1(k)(1), the undersigned hereby agree to the joint filing with each other on behalf of each of them of such a statement on Schedule 13G and any amendments thereto with respect to Ordinary Shares, par value NIS 1.0 per share, of Kamada Ltd. beneficially owned by each of them.

Date: March 16, 2026

---

| | |
|:---|:---|
| /s/ Leon Recanati | /s/ Leon Recanati |
| By: | Gov Financial Holdings Ltd. |
| Name: | Leon Recanati |
| Title: | Chairman and CEO |
| /s/ Leon Recanati | /s/ Leon Recanati |
| By: | Insight Capital Ltd. |
| Name: | Leon Recanati |
| Title: | Chairman and CEO |
| /s/ Leon Recanati | /s/ Leon Recanati |
| By: | Leon Recanati |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 9)**

**Issuer:** KAMADA LTD

**Title of Class of Securities:** Ordinary Shares, par value NIS 1.0 per share

**CUSIP Number:** —

**Date of Event Which Requires Filing of this Statement:** 12/31/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [x] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Gov Financial Holdings Ltd. | Names of Reporting Persons<br>Gov Financial Holdings Ltd. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>L3 | Citizenship or Place of Organization<br>L3 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1455458.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1455458.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1455458.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1455458.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>2.5% | Percent of Class Represented by Amount in Row (9)<br>2.5% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** * Gov Financial Holdings Ltd. ("Gov") is wholly-owned by Mr. Leon Recanati, who exercises sole voting and investment power over the shares held by Gov. ** Calculated based on 57,686,056 ordinary shares of the Issuer outstanding as of December 31, 2025.

---

| 1. | Names of Reporting Persons<br>Insight Capital Ltd. | Names of Reporting Persons<br>Insight Capital Ltd. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>L3 | Citizenship or Place of Organization<br>L3 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1346334.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1346334.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1346334.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1346334.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>2.3% | Percent of Class Represented by Amount in Row (9)<br>2.3% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** * Insight Capital Ltd. ("Insight") is wholly-owned by Mr. Leon Recanati, who exercises sole voting and investment power over the shares held by Insight. ** Calculated based on 57,686,056 ordinary shares of the Issuer outstanding as of December 31, 2025.

---

| 1. | Names of Reporting Persons<br>RECANATI LEON | Names of Reporting Persons<br>RECANATI LEON |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>L3 | Citizenship or Place of Organization<br>L3 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>680145.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>2801792.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>680145.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>2801792.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3481937.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3481937.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>6.0% | Percent of Class Represented by Amount in Row (9)<br>6.0% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** * Mr. Recanati directly holds 631,145 ordinary shares of the Issuer and options to purchase 49,000 ordinary shares of the Issuer currently exercisable or exercisable within 60 days of December 31, 2025. In addition, as of such date, Mr. Recanati beneficially owns 1,455,458 ordinary shares of the Issuer through Gov and 1,346,334 ordinary shares of the Issuer through Insight, both of which are wholly-owned by Mr. Leon Recanati. ** Calculated based on 57,686,056 ordinary shares of the Issuer outstanding as of December 31, 2025.

---

**Item 1(a). Name of Issuer:**
KAMADA LTD

**Item 1(b). Address of Issuer's Principal Executive Offices:**
2 HOLTZMAN ST., SCIENCE PARK, P.O. Box 4081, REHOVOT, ISRAEL, 7670402.

**Item 2(a). Name of Person Filing:**
Gov Financial Holdings Ltd.
Insight Capital Ltd.
Leon Recanati

**Item 2(b). Address of Principal Business Office:**
27 Yoav St. Tel Aviv 69081, Israel

**Item 2(c). Citizenship:**
Israel

**Item 2(d). Title of Class of Securities:**
Ordinary Shares, par value NIS 1.0 per share

**Item 2(e). CUSIP Number:**
—

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

Gov Financial Holdings Ltd. 1,455,458 Ordinary Shares
Insight Capital Ltd. 1,346,334
Leon Recanati 3,481,937 Ordinary Shares

**(b) Percent of class:**

Gov Financial Holdings Ltd. 2.52%* Insight Capital Ltd. 2.33%* Leon Recanati 6.04%* * Calculated based on 57,686,056 Ordinary Shares of the Issuer outstanding as of December 31, 2025.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

See Item 5 of each cover page.

**(ii) Shared power to vote or to direct the vote:**

See Item 6 of each cover page.

**(iii) Sole power to dispose or to direct the disposition of:**

See Item 7 of each cover page.

**(iv) Shared power to dispose or to direct the disposition of:**

See Item 8 of each cover page. * Calculations are based on 57,686,056 Ordinary Shares of the Issuer outstanding as of December 31, 2025.

**Item 5. Ownership of Five Percent or Less of a Class.**

[ ] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

—

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Gov Financial Holdings Ltd.**

**Date:** 03/16/2026

**By:** /s/ Leon Recanati

**Name & Title:** Leon Recanati/Chairman and CEO

**Insight Capital Ltd.**

**Date:** 03/16/2026

**By:** /s/ Leon Recanati

**Name & Title:** Leon Recanati/Chairman and CEO

**RECANATI LEON**

**Date:** 03/16/2026

**By:** /s/ Leon Recanati

**Name & Title:** Leon Recanati