ODYS Form 4: 650-share sale; 432,099-share warrant through 03/31/2026
Rhea-AI Filing Summary
Y.D. More Investments Ltd reported a small insider sale and restated indirect holdings in Odysight.ai Inc. (ODYS). On 10/08/2025 the reporting person sold 650 shares of common stock at $4.31 per share, leaving an indicated post-transaction beneficial holding of 578,802 shares held indirectly through a portfolio management subsidiary. The filing also lists additional indirect common-stock positions of 460,661 and 715,140 shares and a warrant for 432,099 underlying shares with a conversion price of $10.35 exercisable through 03/31/2026.
The explanatory remarks state these securities are held by subsidiaries and by investment vehicles managed for public investors, and are included for informational purposes only. The form is signed by the reporting entity's Chief Risk Officer & Chief Compliance Officer.
Positive
- Timely disclosure of the sale and consolidated indirect holdings supports transparency
- Detailed breakdown of indirect positions and warrant exposure (432,099 shares exercisable through 03/31/2026)
Negative
- None.
Insights
Minor sale; portfolio-level holdings clarified.
The reported 650-share sale at $4.31 is immaterial in size relative to the total indirect positions listed, and the filing primarily updates beneficial-ownership details across subsidiaries and managed funds. The presence of a 432,099-share warrant exercisable until 03/31/2026 is notable as a potential source of future share issuance if exercised.
Key dependencies include whether the warrant is exercised before 03/31/2026 and the economic interests held by the various managed funds. Near-term investor impact is limited; monitor exercise activity and any further open-market transactions by the reporting group.
Filing clarifies indirect ownership and compliance posture.
The statements emphasize that holdings are indirect and managed for public investors, and explicitly disclaim beneficial ownership beyond pecuniary interest. This language aligns with standard Section 16 reporting practices for investment managers and their subsidiaries.
Accuracy of these disclosures affects governance transparency; investors may watch for subsequent Forms 4/5 that show changes in direct ownership, plan-based transactions, or amendments clarifying beneficial ownership within the next few reporting periods.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 650 | $4.31 | $3K |
| holding | Warrant to purchase common stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- No transaction has been effected by the Reporting Person with respect to these securities, and they are being included in this Form 4 for informational purposes only. No transaction has been effected by the Reporting Person with respect to these securities, and they are being included in this Form 4 for informational purposes only. No transaction has been effected by the Reporting Person with respect to these securities, and they are being included in this Form 4 for informational purposes only.
