Sativus Tech (SATT) names Michael Oster CEO after Yannay exits

Sativus Tech Corp. (SATT) announced leadership changes.

Rhea-AI Filing Summary

Sativus Tech Corp. (SATT) announced leadership changes. On October 20, 2025, Director & CEO Shmulik Yannay resigned from the Board and as CEO; the company stated this was not due to any disagreements. The Board appointed Michael Oster as Director and CEO the same day, providing immediate continuity. Oster, 53, is a trained attorney with decades of C‑suite experience and serves as CEO of subsidiary Saffron Tech Ltd.

The Board also appointed Shaul Trabelsi as a Director. Trabelsi has held leadership roles at Amdocs and PwC Israel, with academic credentials in economics and finance. These appointments refresh the board and management while maintaining operational oversight through an internal leader as CEO.

Insights

Corporate governance analyst

CEO transition with same-day replacement; governance refreshed.

Sativus Tech disclosed that CEO and director Shmulik Yannay resigned, with the company noting it was not the result of disagreements. The Board simultaneously installed Michael Oster—already CEO of subsidiary Saffron Tech Ltd.—as Director and CEO, which can help preserve operating continuity.

Adding Shaul Trabelsi as Director broadens board expertise in technology and compensation/finance. While leadership transitions can introduce uncertainty, the internal appointment and explicit statement of no disagreements reduce perceived disruption risk.

Subsequent filings may provide updated strategy or organizational details following the transition.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sativus Tech (SATT) announce?

The company reported that Director & CEO Shmulik Yannay resigned and Michael Oster was appointed Director and CEO the same day.

When did the CEO change at Sativus Tech (SATT) occur?

The changes took place on October 20, 2025.

Was the resignation due to disagreements with the company?

No. The company stated the resignation was not the result of any disagreements.

Who is the new CEO of Sativus Tech (SATT)?

Michael Oster was appointed Director and CEO. He is a trained attorney with decades of C‑suite experience and is CEO of Saffron Tech Ltd.

Were there any other board changes at Sativus Tech (SATT)?

Yes. Shaul Trabelsi was appointed as a Director and Board Member.

What relevant experience does the new director bring?

Shaul Trabelsi previously served as lead GTRO at Amdocs and Head of Compensation at PWC Israel, with degrees in economics and finance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/21/2025 - 08:55 AM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

October 19, 2025

SATIVUS TECH CORP.

(Exact name of registrant as specified in its charter)

Delaware	333-208814	47-2847446
(State of incorporation)	(Commission File Number)	(IRS Employer No.)

 #3 Bethesda Metro Center, #700

Bethesda, MD 20814

(Address of principal executive offices and Zip Code)

(800 608-6432)

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

ITEM 5.02 – DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

On October 20^th, 2025, our Director & CEO Mr. Shmulik Yannay resigned from the Board & his position as CEO. This was not the result of any disagreements with the Company. On the same day, the Board appointed Mr. Michael Oster to replace Mr. Yannay as a Director and CEO. At the same time the Board additionally appointed Mr. Shaul Trabelsi as a Director and Board Member.

Mr. Michael Oster, 53, is a trained attorney who brings decades of C suite experience at the confluence of technology and investment. He is the CEO of Saffron Tech Ltd., a subsidiary of the Company, and has been partner in several international companies in America and abroad. Mr. Oster holds a BA in both Law and Economics from Bar Ilan University (1996).

Mr. Shaul Trabelsi, 47, has served as lead GTRO at Amdocs, an internationally renowned company. Additionally Mr. Trabelsi was Head of Compensation of Price Waterhouse Coopers CPA (Israel). Mr. Trabelsi holds a BA in Economics (2003) and MBA in Finance from Bar Ilan University (2006).

ITEM 9.01 – EXHIBITS.

   (d) Exhibits.

	99.1	Resignation of Shmulik Yannay.
	104	Cover Page Interactive Date File - the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 20^th, 2025

SATIVUS TECH CORP.

/S/ Michael Oster

By: Michael Oster, CEO

2