Odysight.ai (ODYS) extends director option terms by three years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Odysight.ai Inc. reported insider option adjustments for director Benad Goldwasser. On February 19, 2026, the board approved a three-year extension of his stock option terms, implemented by canceling existing options and granting equivalent "replacement" options to purchase common stock in two blocks of 248,411 and 69,796 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Goldwasser Benad
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Options to purchase common stock (right to buy) | 248,411 | $0.00 | -- |
| Grant/Award | Options to purchase common stock (right to buy) | 248,411 | $0.00 | -- |
| Disposition | Options to purchase common stock (right to buy) | 69,796 | $0.00 | -- |
| Grant/Award | Options to purchase common stock (right to buy) | 69,796 | $0.00 | -- |
Holdings After Transaction:
Options to purchase common stock (right to buy) — 0 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Odysight.ai (ODYS) report for Benad Goldwasser?
Odysight.ai reported that director Benad Goldwasser had existing options to purchase common stock canceled and an equivalent number of replacement options granted. The changes relate to options blocks of 248,411 and 69,796 options, all recorded on February 19, 2026.
Why were Odysight.ai (ODYS) director stock options canceled and regranted?
The options were canceled and regranted because the Board of Directors approved a three-year extension of the term of options held by Benad Goldwasser. This technical change converted the old options into new "replacement" options with extended terms, without indicating open-market trades.
How many Odysight.ai (ODYS) options were affected in the February 19, 2026 filing?
The filing shows two option blocks affected: 248,411 options and 69,796 options to purchase common stock. Each block was first disposed of to the issuer and then regranted in the same amount as replacement options, reflecting the term extension approved by the board.
Does the Odysight.ai (ODYS) Form 4 show the director buying or selling common stock?
The Form 4 does not report open-market buys or sells of common stock. It records issuer dispositions and grants of derivative securities, specifically options to purchase common stock, tied to canceling old options and issuing replacement options after a three-year term extension approval.
What role did the Odysight.ai (ODYS) board play in the Form 4 transactions?
The Board of Directors approved a three-year extension of the term of options held by director Benad Goldwasser. This board action led to cancellation of the old options and grant of replacement options, which are the transactions disclosed in the Form 4 filing.