SCHEDULE: Oran Holtzman Boosts Oddity Tech Stake to 24.3%
Beneficial Ownership Disclosure
Oran Holtzman and affiliated entities increased their beneficial ownership in Oddity Tech Ltd. to 24.3% of Class A ordinary shares, representing 73.3% of combined voting power.
Summary
- Oran Holtzman, through Oran Shilo Investments LP and Oran Holtzman Ltd., beneficially owns 13,756,534 ordinary shares of Oddity Tech Ltd. as of March 4, 2026.
- This ownership represents 24.3% of the Issuer's Class A ordinary shares, calculated by treating Class B shares as converted to Class A shares.
- The total holdings consist of 2,209,534 Class A ordinary shares and 11,547,000 Class B ordinary shares.
- Holtzman acquired an additional 857,084 Class A ordinary shares, approximately 1.9% of outstanding Class A shares, through open market purchases on March 3 and March 4, 2026.
- The combined voting power of these shares represents 73.3% of the aggregate combined voting power of Class A and Class B ordinary shares as of March 4, 2026, primarily due to Class B shares carrying ten votes each.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive development due to the increased insider stake, indicating strong conviction from a key controlling person. However, the highly concentrated voting power presents a potential governance concern for minority shareholders.
Positives
- Increased insider ownership by Oran Holtzman, a controlling person, signals confidence in Oddity Tech Ltd.'s future prospects.
- Open market purchases demonstrate a direct investment decision by a key insider.
Negatives
- The significant concentration of voting power (73.3%) with Oran Holtzman could limit the influence of other shareholders on corporate decisions.
Risks
- Concentrated voting power with Oran Holtzman, holding 73.3% of combined voting power, could lead to decisions that primarily benefit the controlling shareholder rather than all shareholders.
- The dual-class share structure, where Class B shares have ten votes per share compared to Class A's one vote, creates a disparity in voting rights and concentrates control.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that significant insider purchases, especially by a controlling shareholder, are often interpreted by the market as a strong vote of confidence in the company's valuation and future performance, potentially signaling undervaluation or strong upcoming catalysts.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Shareholder Control | Oran Holtzman and his controlled entities now hold 73.3% of the aggregate combined voting power of Oddity Tech Ltd. through a dual-class share structure (Class A and Class B shares). | 03/04/2026 | This significant concentration of voting power grants Oran Holtzman substantial control over corporate decisions, potentially limiting the influence of other shareholders and impacting corporate governance dynamics. |
Stakeholder Impact
- Shareholders: Increased confidence from insider buying, but minority shareholders may have reduced influence due to concentrated voting power.
Key Dates
| Date | Description |
|---|---|
| 03/03/2026 | Start date of open market purchases of additional Class A ordinary shares by Oran Holtzman. |
| 03/04/2026 | Date of event requiring the filing of this statement, and end date of open market purchases. |
| 03/05/2026 | Date the Schedule 13G/A filing was signed. |
Keywords
Oddity Tech, Oran Holtzman, beneficial ownership, Schedule 13G, insider buying, Class A shares, Class B shares, voting power, equity stake, open market purchase
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