STOCK TITAN

Wearable Devices Ltd. (WLDS) large holders cut stake after 162,000-share sale

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

An amended Schedule 13D for Wearable Devices Ltd. reports that reporting persons led by J.B.D Innovation Ltd. and Victor Tshuva & Co. – Law Offices sold an aggregate 162,000 Ordinary Shares on July 27, 2026 in open market transactions.

After these sales, the group reports beneficial ownership of 381,361 Ordinary Shares, representing 17.42% of Wearable Devices’ outstanding share capital, based on 2,189,469 shares outstanding as of June 17, 2026. J.B.D holds sole dispositive power over 315,361 shares (about 14.40%), while Victor Tshuva & Co. holds sole dispositive power over 66,000 shares (about 3.01%). The July 27, 2026 sale was executed at a weighted average price of approximately $3.812 per share, for aggregate gross proceeds of about $617,544 before costs.

Positive

  • None.

Negative

  • None.

Filing Explained

A pending 66,000-share transfer temporarily gives Victor Tshuva & Co. voting instructions over those shares before completion.

The amendment adds a current ownership mechanic: J.B.D Innovation and Victor Tshuva & Co. agreed to act in concert, while the transfer of 66,000 Ordinary Shares to Victor Tshuva & Co. is still being effected.

Until that transfer is completed, J.B.D. has agreed to vote those shares according to Victor Tshuva & Co.’s instructions.

The filing reports shared voting power over 381,361 Ordinary Shares, with sole dispositive power split between J.B.D. and Victor Tshuva & Co.; the arrangement coordinates their voting rights before the stated transfer is complete.

Completion of the 66,000-share transfer is the specific milestone that would end this interim voting instruction.

Shares outstanding 2,189,469 Ordinary Shares Outstanding as of June 17, 2026, used as ownership base
Shares beneficially owned 381,361 Ordinary Shares Aggregate beneficial ownership reported by the group
Ownership percentage 17.42% Portion of outstanding Ordinary Shares beneficially owned
J.B.D sole dispositive shares 315,361 Ordinary Shares J.B.D Innovation Ltd. sole dispositive power, about 14.40% of class
Victor Tshuva & Co. dispositive shares 66,000 Ordinary Shares Victor Tshuva & Co. sole dispositive power, about 3.01% of class
Shares sold 162,000 Ordinary Shares Disposed of by J.B.D on July 27, 2026 in open market transactions
Weighted average sale price $3.812 per share Average price for the 162,000 Ordinary Shares sold
Gross sale proceeds $617,544 Approximate aggregate gross proceeds before commissions and costs
beneficial owner regulatory
"may be deemed a beneficial owner of any Ordinary Shares beneficially owned by J.B.D"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting power regulatory
"a shared voting power over 381,361 Ordinary Shares, representing in the aggregate approximately 17.42%"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive power regulatory
"has the sole dispositive power over 315,361 Ordinary Shares, representing in the aggregate approximately 14.40%"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13(d) regulatory
"for purposes of Section 13(d) of the Securities Exchange Act of 1934"
pecuniary interest regulatory
"disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest"
open market transactions financial
"disposed of 162,000 Ordinary Shares in open market transactions at a weighted average sale price"
Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What change in ownership of WLDS did J.B.D Innovation Ltd. report?

J.B.D Innovation Ltd. reported selling 162,000 Ordinary Shares of Wearable Devices Ltd. on July 27, 2026. After this sale, it has sole dispositive power over 315,361 shares, representing about 14.40% of the company’s outstanding Ordinary Shares.

What is the total WLDS stake now reported by the Schedule 13D group?

The reporting persons now report beneficial ownership of 381,361 Ordinary Shares of Wearable Devices Ltd. This represents approximately 17.42% of the company’s outstanding Ordinary Shares, based on 2,189,469 shares outstanding as of June 17, 2026.

At what price were the 162,000 WLDS shares sold and for what proceeds?

On July 27, 2026, J.B.D sold 162,000 Ordinary Shares of WLDS at a weighted average price of about $3.812 per share. The transactions generated aggregate gross proceeds of approximately $617,544, before brokerage commissions and other transaction costs.

How many WLDS shares does Victor Tshuva & Co. control under the amended filing?

Victor Tshuva & Co. has sole dispositive power over 66,000 Ordinary Shares of Wearable Devices Ltd. This stake represents about 3.01% of the issuer’s outstanding share capital, and shares a reported voting power over 381,361 shares with the other reporting persons.

What is the relationship between Nissim Daniel, J.B.D, and WLDS shares?

Nissim Daniel does not directly own WLDS shares but is sole owner, director, and CEO of J.B.D Innovation Ltd.. Because J.B.D beneficially owns 315,361 Ordinary Shares, Daniel may be deemed a beneficial owner of those shares through his control of J.B.D.

How many WLDS shares are outstanding and how is the percentage ownership calculated?

Percentage ownership figures use a base of 2,189,469 Ordinary Shares of Wearable Devices Ltd. outstanding as of June 17, 2026. The reported 381,361 shares beneficially owned correspond to about 17.42% of this outstanding share count.





M97838409

(CUSIP Number)
Nissim Daniel
5 Ha'Rav Levin Street,
Ramat Gan, L3, 5226039
972-54-232-1222

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
07/27/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Based on a total of 2,189,469 ordinary shares, no par value per share, of Wearable Devices Ltd. (the "Ordinary Shares" and the "Issuer", respectively) outstanding as of June 17, 2026 (as reported in the Issuer's Report on Form 6-K filed with the Securities and Exchange Commission on June 17, 2026).


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Nissim Daniel is the sole owner, the sole director and the Chief Executive Officer of J.B.D Innovation Ltd. ("J.B.D"). (2) Based on a total of 2,189,469 Ordinary Shares outstanding as of June 17, 2026 (as reported in the Issuer's Report on Form 6-K filed with the Securities and Exchange Commission on June 17, 2026).


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Based on a total of 2,189,469 Ordinary Shares outstanding as of June 17, 2026 (as reported in the Issuer's Report on Form 6-K filed with the Securities and Exchange Commission on June 17, 2026).


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Victor Tshuva is the sole owner and the Chief Executive Officer of Victor Tshuva & Co. - Law Offices ("Victor Tshuva & Co."). (2) Based on a total of 2,189,469 Ordinary Shares outstanding as of June 17, 2026 (as reported in the Issuer's Report on Form 6-K filed with the Securities and Exchange Commission on June 17, 2026).


SCHEDULE 13D


J.B.D Innovation Ltd.
Signature:/s/ Nissim Daniel
Name/Title:Nissim Daniel/Chief Executive Officer
Date:07/29/2026
Nissim Daniel
Signature:/s/ Nissim Daniel
Name/Title:Nissim Daniel
Date:07/29/2026
Victor Tshuva & Co. - Law Offices
Signature:/s/ Victor Tshuva
Name/Title:Victor Tshuva/Chief Executive Officer
Date:07/29/2026
Victor Tshuva
Signature:/s/ Victor Tshuva
Name/Title:Victor Tshuva
Date:07/29/2026