Form 4: Oddity Tech CFO Sells Shares Under 10b5-1 Plan

Oddity Tech's Global Chief Financial Officer, Lindsay Drucker Mann, reported transactions involving Class A ordinary shares, including sales under a Rule 10b5-1 trading plan.

Summary

• Lindsay Drucker Mann, Global Chief Financial Officer of Oddity Tech Ltd., executed several transactions involving Class A ordinary shares on June 30, 2026.
• These transactions include the acquisition of 100,000 shares at $9.39 per share, likely related to a stock option exercise under a Rule 10b5-1 plan.
• Additionally, 100,000 shares were sold at a weighted average price of $15.09, also under the Rule 10b5-1 plan, to cover costs associated with the option exercise.
• The CFO also acquired 23,929 shares at $0.00, related to the vesting of Restricted Stock Units (RSUs).
• A sale of 9,602 shares at a weighted average price of $15.10 occurred to satisfy tax withholding obligations upon RSU vesting.
• Following these transactions, the reporting person beneficially owns 92,036 Class A ordinary shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. While there are significant share transactions, they are conducted under a pre-established trading plan and for standard purposes like option exercise and tax withholding, rather than indicating a strong positive or negative outlook.

Positives

• The reporting person acquired 100,000 shares at a favorable price of $9.39, indicating potential for future gains.
• The acquisition of 23,929 shares at $0.00 through RSU vesting demonstrates continued equity compensation and ownership.
• The company has a Rule 10b5-1 trading plan in place, which can provide a structured approach to insider stock transactions.

Negatives

• A significant number of shares (100,000) were sold at a higher price ($15.09 weighted average) than acquired, potentially indicating profit-taking by the executive.
• Another sale of 9,602 shares was made to cover tax withholding obligations, which reduces the net shares held by the executive.

Risks

• The sale of shares under a Rule 10b5-1 plan, while structured, can still be interpreted by the market as a signal of the executive's confidence in future stock performance.
• The weighted average sale prices indicate that shares were sold across a range, and the specific prices at which all shares were sold are not fully detailed in the initial report.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance. However, the Rule 10b5-1 plan suggests a pre-determined strategy for future transactions.

Management Comments

• The reporting person undertakes to provide to ODDITY Tech Ltd. (the "Issuer"), any security holder of the Issuer or the Staff of the Securities and Exchange Commission upon request, full information regarding the number of Class A ordinary shares sold at each separate price within the range set forth herein.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The use of a Rule 10b5-1 plan by Oddity Tech's CFO is a common practice to manage stock sales in a way that avoids potential insider trading concerns, especially in the tech sector where stock-based compensation is prevalent.

Stakeholder Impact

• Shareholders: The transactions may influence market perception of insider confidence, though the Rule 10b5-1 plan mitigates concerns about opportunistic trading.
• Employees: The RSU vesting and subsequent tax withholding sales are standard compensation events.
• Management: The CFO is managing their equity holdings in a structured manner.

Next Steps

• The reporting person may continue to execute transactions under the Rule 10b5-1 plan.
• Remaining RSUs will vest in installments through February 28, 2029.

Key Dates

Keywords

Oddity Tech, Form 4, Insider Trading, Stock Options, Restricted Stock Units, Rule 10b5-1, Lindsay Drucker Mann, Class A ordinary shares, SEC Filing, Beneficial Ownership