Form 4: Odysight.ai 10% Owner Sells 1,000 Shares

Y.D. More Investments Ltd, a 10% owner and director of Odysight.ai Inc., reported the sale of 1,000 common shares at $3.05.

Summary

• Y.D. More Investments Ltd, identified as a director and 10% owner of Odysight.ai Inc. (ODYS), filed a Form 4 statement.
• On December 15, 2025, the reporting person disposed of 1,000 shares of Odysight.ai Inc. common stock at a price of $3.05 per share.
• Following this transaction, Y.D. More Investments Ltd directly holds 556,912 shares of common stock.
• The filing also details indirect beneficial ownership, including 460,661 shares by More Investment House Portfolio Management Ltd., 323,443 shares by More Provident Funds & Pension Ltd., and 323,443 shares by More Mutual Funds Management (2013) Ltd.
• Additionally, 432,099 warrants to purchase common stock, with an exercise price of $10.35 and an expiration date of March 31, 2026, are indirectly beneficially owned by More Provident Funds & Pension Ltd.
• It is noted that no transactions were effected by the reporting person with respect to the indirect holdings or warrants; these were included for informational purposes only.

Sentiment

Score: 4

Explanation: The sale of a small number of shares by a 10% owner and director, while generally a negative signal, is somewhat mitigated by the reporting entity being an investment firm that manages various funds, suggesting the transaction might be for portfolio rebalancing rather than a strong negative view on the company's prospects. The significant remaining holdings also support this.

Positives

• The volume of shares sold (1,000) is relatively small compared to the total beneficial ownership, suggesting it may not be a significant divestment.
• Y.D. More Investments Ltd maintains substantial direct and indirect beneficial ownership in Odysight.ai Inc., indicating continued alignment with the company's performance.

Negatives

• A director and 10% owner selling shares can be perceived negatively by the market, potentially signaling a lack of confidence.
• The sale price of $3.05 is significantly below the warrant exercise price of $10.35, which could imply a belief that the stock may not reach the higher price before the warrant expiration in March 2026.

Future Outlook

NA

Management Comments

• The securities reported in this Form 4 are beneficially owned by Y.D. More Investments Ltd and by entities that are direct or indirect, wholly-owned or majority-owned, subsidiaries of Y.D. More Investments Ltd (the "Subsidiaries").
• The economic interest in a portion of the securities covered by this report is held for the benefit of public investors or members in, among others, mutual funds, investment portfolios, investment funds and exchange traded funds (which are known in Israel as index-linked certificates), which are managed by the Subsidiaries.
• This Form 4 shall not be construed as an admission by Y.D. More Investments Ltd or by any of its Subsidiaries that either is the beneficial owner of any of such securities, and each of Y.D. More Investments Ltd and its Subsidiaries disclaim beneficial ownership of any such securities except to the extent of their respective pecuniary interests therein.

Industry Context

NA

Stakeholder Impact

• Shareholders may interpret the insider sale as a negative signal, potentially leading to downward pressure on the stock price, though the small volume might limit the impact.
• Management might face questions regarding the director's confidence in the company, although the nature of the reporting entity as an investment manager could provide a reasonable explanation for the transaction.

Key Dates

Recommendation

While the insider sale of 1,000 shares by a 10% owner and director is a negative signal, the volume is relatively small compared to the total beneficial ownership. The reporting entity is an investment firm, suggesting the sale could be for portfolio rebalancing across its managed funds rather than a direct reflection of a negative outlook on Odysight.ai. Given the significant remaining holdings and the informational nature of the indirect holdings, a 'Hold' recommendation is appropriate, advising investors to monitor future insider activity and company performance rather than reacting strongly to this minor transaction.

Keywords

Odysight.ai Inc., ODYS, Form 4, Insider Trading, Beneficial Ownership, Stock Sale, Director Transaction, 10% Owner, Warrants, Equity Securities