Form 4: Odysight.ai 10% Owner Sells 5,000 Shares
Insider Transaction Report
Y.D. More Investments Ltd, a 10% owner and director of Odysight.ai Inc., reported the sale of 5,000 common shares for $3.45 each.
Summary
- Y.D. More Investments Ltd, a 10% owner and director of Odysight.ai Inc. (ODYS), reported a transaction.
- On December 1, 2025, 5,000 shares of common stock were sold directly at a price of $3.45 per share.
- Following this transaction, Y.D. More Investments Ltd beneficially owns a total of 1,643,656 common shares indirectly through its subsidiaries.
- These indirect holdings include 559,552 shares via More Investment House Portfolio Management Ltd., 460,661 shares via More Provident Funds & Pension Ltd., and 623,443 shares via More Mutual Funds Management (2013) Ltd.
- Additionally, Y.D. More Investments Ltd indirectly holds 432,099 warrants to purchase common stock, exercisable at $10.35, expiring on March 31, 2026, through More Provident Funds & Pension Ltd.
- No transactions were effected with respect to the majority of the reported indirect holdings and warrants; they are included for informational purposes only.
Sentiment
Score: 4
Explanation: A director and 10% owner selling shares is generally a slight negative signal, even if the amount is small and potentially part of a pre-arranged plan. However, the continued significant beneficial ownership mitigates a strong negative sentiment.
Positives
- The reporting person, Y.D. More Investments Ltd, remains a significant 10% owner and director, indicating continued strategic interest in Odysight.ai Inc.
- The sale of 5,000 shares represents a very small fraction (less than 0.3%) of the total beneficial common stock ownership, suggesting it is not a significant divestment.
Negatives
- A director and 10% owner sold 5,000 shares of common stock, which can sometimes be perceived negatively by the market.
Risks
- No specific risks are detailed in this Form 4 filing beyond the transaction itself.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
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
This Form 4 filing is a routine disclosure of insider trading and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The sale by a 10% owner could be perceived as a minor negative signal, though the small volume and potential for a pre-arranged plan limit its impact.
- Management/Employees: No direct impact mentioned.
- Customers/Suppliers/Creditors: No direct impact mentioned.
Next Steps
- No specific future actions or milestones are mentioned in this Form 4 filing.
Key Dates
| Date | Description |
|---|---|
| 03/29/2021 | Date warrants became exercisable. |
| 12/01/2025 | Date of transaction (sale of 5,000 common shares). |
| 12/03/2025 | Date Form 4 was signed by Nina Tzur. |
| 03/31/2026 | Expiration date of warrants to purchase common stock. |
Recommendation
holdThe filing reports a routine insider sale of a small number of shares by a 10% owner and director. While insider sales can be a negative signal, the volume is insignificant compared to the total beneficial ownership, and the transaction is likely part of a pre-scheduled trading plan. There is no information in this filing to suggest a change in the company's fundamentals or a significant shift in the insider's long-term view, thus a 'hold' recommendation is appropriate based solely on this specific filing.
Keywords
Odysight.ai Inc., ODYS, Y.D. More Investments Ltd, Insider Trading, Form 4, Stock Sale, Beneficial Ownership, Director, 10% Owner
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