Form 4: Odysight.ai Director Benad Goldwasser Gifts 75,000 Shares to Spouse

Director Benad Goldwasser of Odysight.ai Inc. gifted 75,000 shares of common stock to his spouse on February 18, 2025, according to a Form 4 filing.

Summary

• Benad Goldwasser, a director of Odysight.ai Inc., filed a Form 4 with the SEC.
• The filing reports a transaction on February 18, 2025, where Mr. Goldwasser gifted 75,000 shares of Odysight.ai common stock to his spouse.
• Following the transaction, Mr. Goldwasser directly owns 118,941 shares and his spouse indirectly owns 75,000 shares.
• Mr. Goldwasser disclaims beneficial ownership of the shares held by his spouse.
• A Power of Attorney was executed, appointing Yehu Ofer and Einav Brenner to handle SEC filings on Mr. Goldwasser's behalf.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.

Related Party Transactions

• The gift of shares to Benad Goldwasser's spouse constitutes a related party transaction.

Stakeholder Impact

• The transaction has minimal direct impact on stakeholders, as it is a personal transaction of a director.
• The filing ensures transparency for shareholders regarding insider transactions.

Key Dates