Form 4: Y.D. More Investments Reports Minor Odysight.ai Share Sale

Y.D. More Investments Ltd, a 10% owner and director of Odysight.ai Inc., reported the sale of 500 common shares at $4.80 per share.

Summary

• Y.D. More Investments Ltd, identified as a Director and 10% Owner of Odysight.ai Inc. (ODYS), filed a Form 4.
• The filing reports a transaction on July 22, 2025, involving the sale of 500 shares of Odysight.ai Inc. Common Stock.
• The shares were sold at a price of $4.80 per share.
• Following this transaction, Y.D. More Investments Ltd directly beneficially owns 580,102 shares of Common Stock.
• The filing also includes for informational purposes indirect beneficial ownership of 460,661 Common Stock shares by More Investment House Portfolio Management Ltd., and 715,140 Common Stock shares by More Provident Funds & Pension Ltd., for which no transactions were effected.
• Additionally, 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, are reported as indirectly beneficially owned by More Provident Funds & Pension Ltd. for informational purposes, with no transaction effected.
• Y.D. More Investments Ltd and its subsidiaries disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interests, noting that economic interest in a portion is held for public investors in funds managed by the subsidiaries.

Sentiment

Score: 5

Explanation: The sale of a minimal number of shares (500) by a significant shareholder does not indicate a strong positive or negative sentiment, likely representing routine portfolio adjustments rather than a material change in the insider's view of the company's prospects.

Negatives

• The sale of 500 common shares by a director and 10% owner, Y.D. More Investments Ltd., at $4.80 per share, while small, represents an insider selling activity.

Future Outlook

The filing is a Form 4, which reports insider transactions and does not typically provide forward-looking statements or guidance on the company's future outlook.

Management Comments

• Y.D. More Investments Ltd, through its Chief Risk Officer & Chief Compliance Officer, Nina Tzur, stated that the securities reported are beneficially owned by Y.D. More Investments Ltd and its subsidiaries, and that economic interest in a portion is held for the benefit of public investors in funds managed by the subsidiaries. They disclaim beneficial ownership except to the extent of their respective pecuniary interests.

Industry Context

This Form 4 filing details a specific insider transaction for Odysight.ai Inc., which is a routine disclosure for publicly traded companies. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal due to the very small number of shares sold by the insider. It does not suggest a significant shift in the company's prospects.

Key Dates

Recommendation

The reported sale of only 500 shares by a significant shareholder is a de minimis transaction and does not provide sufficient new information to alter an existing investment thesis or recommendation for Odysight.ai Inc. It likely represents routine portfolio rebalancing rather than a material change in the insider's outlook on the company.

Keywords

Odysight.ai, ODYS, Form 4, insider trading, beneficial ownership, share sale, Y.D. More Investments, director, 10% owner