Form 4: Y.D. More Investments Sells ODYS Shares

Y.D. More Investments Ltd. reported the sale of 77,385 shares of Odysight.ai Inc. common stock at a weighted-average price of $3.35 per share.

Summary

• Y.D. More Investments Ltd., a 10% owner and director of Odysight.ai Inc. (ODYS), reported a transaction on November 10, 2025.
• The reporting person disposed of 77,385 shares of common stock at a weighted-average price of $3.35 per share.
• Following this transaction, More Mutual Funds Management (2013) Ltd. indirectly beneficially owns 623,443 shares of common stock.
• Additionally, More Investment House Portfolio Management Ltd. indirectly beneficially owns 564,552 shares of common stock, and More Provident Funds & Pension Ltd. indirectly beneficially owns 460,661 shares of common stock, for which no transactions were reported in this filing.
• More Provident Funds & Pension Ltd. also indirectly beneficially owns 432,099 warrants to purchase common stock, with an exercise price of $10.35, exercisable from March 29, 2021, and expiring on March 31, 2026, for which no transaction was reported.
• The reporting person clarified that the economic interest in a portion of the securities is held for the benefit of public investors in funds managed by its subsidiaries.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of an insider transaction and does not contain information to indicate a strong positive or negative sentiment regarding the company's operational performance or future prospects. The sale by a 10% owner could be viewed neutrally or slightly negatively, but the context of fund management mitigates a strong negative interpretation.

Negatives

• The reporting person, a 10% owner, disposed of 77,385 shares of common stock, which could be interpreted by some market participants as a negative signal, although the filing notes that the economic interest in a portion of the securities is held for the benefit of public investors in funds managed by the reporting person's subsidiaries.

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 'Subsidiaries').
• 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 known in Israel as index-linked certificates), 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.
• 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.

Industry Context

NA

Related Party Transactions

• The transaction involves Y.D. More Investments Ltd., a 10% owner and director, and its subsidiaries, which manage funds holding beneficial ownership in Odysight.ai Inc. securities for public investors.

Stakeholder Impact

• Shareholders might interpret the sale of shares by a significant owner as a potential negative signal, which could influence market sentiment and the company's stock price.

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 of the issuer.

Key Dates

Recommendation

The Form 4 reports a sale of shares by a significant owner. While insider sales can sometimes signal a lack of confidence, this single transaction, without additional context on the company's operational performance, strategic direction, or the insider's specific reasons for selling (e.g., diversification, liquidity needs, or fund rebalancing as suggested by the filing's remarks), is insufficient to warrant a change in investment recommendation from a fundamental perspective. Investors should monitor future insider activity and company performance, considering the reporting person's role as a fund manager for public investors.

Keywords

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