Form 4: Odysight.ai Director Sells Shares

Y.D. More Investments Ltd, a 10% owner and director of Odysight.ai Inc., reported the sale of 8,980 common shares at a weighted average price of $3.25.

Summary

• Y.D. More Investments Ltd, a director and 10% owner of Odysight.ai Inc. (ODYS), sold 8,980 shares of common stock.
• The transaction occurred on December 29, 2025, at a weighted average price of $3.25 per share, with individual sales ranging from $3.18 to $3.38.
• Following this transaction, Y.D. More Investments Ltd indirectly beneficially owns 544,582 shares of common stock through More Investment House Portfolio Management Ltd.
• The reporting person also indirectly holds 460,661 common shares via More Provident Funds & Pension Ltd and 323,443 common shares via More Mutual Funds Management (2013) Ltd, for which no transactions were reported in this filing.
• Additionally, the entity indirectly holds warrants to purchase 432,099 shares of common stock with an exercise price of $10.35, exercisable from March 29, 2021, and expiring on March 31, 2026.
• Y.D. More Investments Ltd disclaims beneficial ownership of these securities except to the extent of their pecuniary interests, noting that 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 (10% owner and director) is generally viewed negatively by the market, indicating a potential lack of confidence or a belief that the stock is fully valued. However, the amount sold is relatively small compared to total holdings, and the disclaimer about holding for public investors mitigates some of the negative sentiment, suggesting it might be part of routine portfolio management.

Negatives

• A 10% owner and director sold 8,980 shares of common stock, which can be interpreted by the market as a negative signal regarding the company's near-term prospects or valuation.

Risks

• Potential negative market reaction to insider selling, which could impact the company's stock price.
• The complex beneficial ownership structure, where a significant portion of holdings are for public investors in managed funds, could lead to misinterpretation of the insider's conviction in the company.

Future Outlook

NA

Management Comments

• The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
• 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

• Sale of 8,980 shares of common stock by Y.D. More Investments Ltd, a director and 10% owner of Odysight.ai Inc., to the open market.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a negative signal, potentially influencing their perception of the company's value and future prospects.
• Public Investors/Members: For whom Y.D. More Investments Ltd manages funds, the sale could be part of routine portfolio rebalancing rather than a direct statement on Odysight.ai's performance, but the ultimate impact depends on the fund's specific investment strategy.

Key Dates

Recommendation

The sale of 8,980 shares by a 10% owner and director, Y.D. More Investments Ltd, is a notable event. While insider selling can be a negative indicator, the relatively small volume compared to total indirect holdings and the explanation that a portion of securities are held for public investors in managed funds suggest this might be part of routine portfolio management rather than a strong bearish signal on the company's fundamentals. Investors should monitor future insider activity and company performance, but this single transaction does not warrant an immediate 'sell' recommendation. A 'hold' stance is appropriate pending further developments.

Keywords

Odysight.ai, ODYS, SEC Form 4, Insider Trading, Beneficial Ownership, Stock Sale, Y.D. More Investments, Director Transaction, 10% Owner