Form 4: Odysight.ai 10% Owner Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Y.D. More Investments Ltd., a 10% owner and director of Odysight.ai Inc., reported the sale of 6,000 common shares at $3.53 per share under a Rule 10b5-1 plan.
Summary
- Y.D. More Investments Ltd., a 10% owner and director of Odysight.ai Inc. (ODYS), sold 6,000 shares of common stock.
- The transaction occurred on October 16, 2025, at a weighted-average price of $3.53 per share.
- The sale was executed pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.
- Following the transaction, Y.D. More Investments Ltd. beneficially owns 570,902 common shares indirectly through More Investment House Portfolio Management Ltd.
- Additional indirect common stock holdings include 460,661 shares through More Provident Funds & Pension Ltd. and 715,140 shares through More Mutual Funds Management (2013) Ltd., totaling 1,746,703 common shares.
- The entity also indirectly holds warrants to purchase 432,099 common shares at an exercise price of $10.35, which became exercisable on March 29, 2021, and expire on March 31, 2026.
Sentiment
Score: 4
Explanation: The sale of shares by a 10% owner and director, even if pre-planned under Rule 10b5-1, can be perceived as a slightly negative signal, though the volume is relatively small compared to total beneficial ownership.
Positives
- The sale was executed pursuant to a Rule 10b5-1 plan, indicating a pre-scheduled transaction rather than a reaction to recent material non-public information.
Negatives
- A 10% owner and director sold 6,000 shares of common stock, which, despite being pre-planned, represents a reduction in their direct equity stake.
Risks
- No specific risks beyond the general implications of insider selling are mentioned in this Form 4 filing.
Future Outlook
na
Management Comments
- The reporting person undertakes to provide, upon request from the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each transaction.
- 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
Related Party Transactions
- Y.D. More Investments Ltd., a 10% owner and director of Odysight.ai Inc., sold 6,000 shares of the company's common stock.
Stakeholder Impact
- Shareholders may interpret the insider sale as a slight negative signal, though the volume is small and it was pre-planned under a Rule 10b5-1 plan, which mitigates the negative implication.
Next Steps
- The reporting person undertakes to provide full information regarding the number of shares sold at each transaction upon request from the SEC staff, the issuer, or any security holder.
Key Dates
| Date | Description |
|---|---|
| 03/29/2021 | Date warrants to purchase common stock became exercisable. |
| 10/16/2025 | Date of common stock transaction (sale). |
| 10/19/2025 | Date the Form 4 was signed by the reporting person. |
| 03/31/2026 | Expiration date of warrants to purchase common stock. |
Recommendation
holdThe filing reports a routine insider sale of a relatively small number of shares by a 10% owner and director, executed under a Rule 10b5-1 plan. This type of transaction is often pre-scheduled and does not typically indicate a significant change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing. The overall beneficial ownership remains substantial.
Keywords
Odysight.ai, ODYS, insider trading, Form 4, beneficial ownership, stock sale, Y.D. More Investments, Rule 10b5-1
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