SCHEDULE: InMode Ltd. Shareholder Reports 5.11% Stake

Michael Kreindel, InMode's CTO and Board member, has reported beneficial ownership of 5.11% of the company's ordinary shares, a threshold triggered by a share repurchase program.

Summary

• Michael Kreindel, InMode Ltd.'s Chief Technology Officer and a member of its Board of Directors, has filed a Schedule 13D, reporting beneficial ownership of 3,114,762 ordinary shares, representing 5.11% of the company's outstanding shares.
• This filing was not triggered by an acquisition of shares but by a reduction in the total number of outstanding shares due to InMode's share repurchase program.
• Mr. Kreindel acquired these shares prior to the company's IPO on August 12, 2019, funded by his personal funds.
• He intends to continue reviewing his investment and may acquire or dispose of additional shares.
• The calculation of the percentage is based on 60,922,346 ordinary shares outstanding as of April 9, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral; it's a procedural update due to share buybacks rather than a new investment or divestment decision, indicating no immediate change in the insider's fundamental view of the company.

Positives

• Michael Kreindel, a key executive and board member, holds a significant stake in InMode Ltd., indicating alignment with shareholder interests.
• The shares reported were acquired prior to the IPO, suggesting a long-term investment perspective.
• The filing is prompt, with Mr. Kreindel filing shortly after becoming aware of his ownership percentage exceeding the reporting threshold.

Negatives

• The filing indicates that the increase in ownership percentage is a result of share buybacks, not new investment, which could imply a lack of new capital infusion from this insider.
• While not explicitly negative, the potential for future share sales by Mr. Kreindel could create downward pressure on the stock price.

Risks

• Potential for future share disposals by Michael Kreindel, which could impact the stock price.
• The company's share repurchase program, while potentially beneficial for remaining shareholders, has led to this filing requirement, highlighting the impact of capital management decisions on ownership percentages.

Future Outlook

Michael Kreindel intends to review his investment in InMode Ltd. on a continuing basis and may acquire additional shares or other securities, or sell or otherwise dispose of any or all of his shares or other securities.

Management Comments

• The filing requirement was solely triggered as a result of a reduction of the Issuer's outstanding Shares as a consequence of its publicly announced share repurchase program.
• Mr. Kreindel was not made aware of his precise ownership percentage until the Issuer's transfer agent provided its monthly ownership report to the Issuer's management in April 2026.
• Mr. Kreindel is therefore promptly filing this required Schedule 13D.

Industry Context

StockSavvy.ai notes that Schedule 13D filings are common for significant shareholders, especially when their ownership percentage crosses the 5% threshold. This filing, triggered by share buybacks rather than new purchases, highlights how capital allocation strategies can impact insider ownership reporting requirements in the medical technology sector.

Stakeholder Impact

• Shareholders: The filing confirms a significant stake held by a key executive, which can be viewed positively as alignment of interests. However, the potential for future share sales by Mr. Kreindel could introduce volatility.
• Employees: As CTO and Board member, Mr. Kreindel's continued investment may signal confidence in the company's future, potentially boosting employee morale.
• Management: The filing highlights the impact of the company's share repurchase program on insider ownership reporting, requiring management's attention to such disclosures.

Next Steps

• Michael Kreindel will continue to review his investment in InMode Ltd.
• Michael Kreindel may acquire additional shares or other securities of InMode Ltd.
• Michael Kreindel may sell or otherwise dispose of any or all of his shares or other securities of InMode Ltd.

Key Dates

Keywords

InMode Ltd., Schedule 13D, Michael Kreindel, Beneficial Ownership, Ordinary Shares, Share Repurchase, Insider Holding, SEC Filing, Corporate Governance