ODYS.NASDAQOdysightai INC

Form 4: Odysight.ai 10% Owner Sells Shares

Sentiment:

Insider Transaction Report


Y.D. More Investments Ltd, a 10% owner and director of Odysight.ai Inc., reported the sale of 14,312 common shares at a weighted average price of $3.55.

Worse than expectedA 10% owner and director sold a portion of their common stock holdings, which can be interpreted as a lack of confidence or a move to diversify, potentially signaling a negative outlook for the company's stock price.

Summary

  • Y.D. More Investments Ltd, a 10% owner and director of Odysight.ai Inc. (ODYS), filed a Form 4.
  • On October 20, 2025, the reporting person sold 14,312 shares of common stock.
  • The shares were sold at a weighted average price of $3.55 per share, with individual transaction prices ranging from $3.50 to $3.82.
  • Following the transaction, Y.D. More Investments Ltd indirectly beneficially owns 700,828 shares of common stock through More Mutual Funds Management (2013) Ltd.
  • Additionally, for informational purposes, the reporting person indirectly holds 570,902 shares of common stock through More Investment House Portfolio Management Ltd. and 460,661 shares through More Provident Funds & Pension Ltd.
  • The reporting person also indirectly holds 432,099 warrants to purchase common stock at an exercise price of $10.35, exercisable from March 29, 2021, and expiring on March 31, 2026, through More Provident Funds & Pension Ltd.
  • The reporting person disclaims beneficial ownership of these securities except to the extent of their respective pecuniary interests, as economic interest in a portion is held for public investors in funds managed by its subsidiaries.

Sentiment

Score: 4

Explanation: The sale of shares by a significant insider, while not a massive divestment, can be perceived negatively by the market as it may suggest a lack of confidence or a desire to reduce exposure.

Negatives

  • A 10% owner and director selling shares can be interpreted by the market as a negative signal regarding the company's short-term prospects or valuation.

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 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 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 regarding the company's short-term prospects or valuation, potentially leading to downward pressure on the stock price.

Key Dates

DateDescription
03/29/2021Warrant exercisable date
10/20/2025Date of common stock transaction
10/22/2025Date of Form 4 filing
03/31/2026Warrant expiration date

Recommendation

hold

While a 10% owner and director sold shares, the amount is relatively small compared to their overall indirect holdings and warrants. This transaction alone does not provide sufficient information to warrant a 'buy' or 'strong sell' recommendation, but it is a data point that warrants continued monitoring of insider activity and company performance. Investors should hold and observe further developments.

Keywords

Odysight.ai, ODYS, Y.D. More Investments, Insider Sale, Form 4, Share Transaction, Beneficial Ownership

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