STOCK TITAN

Wearable Devices Ltd. (WLDS) group sells all shares, ends 5% ownership

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

Rhea-AI Filing Summary

Wearable Devices Ltd. disclosed that J.B.D Innovation Ltd., Nissim Daniel, Victor Tshuva & Co. – Law Offices, and Victor Tshuva have sold all of their Ordinary Shares and no longer beneficially own any stake in the company. As of August 11, 2026, each reporting person holds 0 Ordinary Shares, representing 0% of the outstanding class, with no voting or dispositive power and no pecuniary interest.

On August 10, 2026, the group sold an aggregate 258,126 Ordinary Shares in open-market transactions, and on August 11, 2026, a further 123,235 shares, fully exiting their position and ceasing to be beneficial owners of 5% or more of the company’s Ordinary Shares.

Positive

  • None.

Negative

  • None.

Filing Explained

The final exit filing also ends the selling entities’ voting, transfer, and governance obligations under their July 26 agreement.

This Schedule 13D/A amendment closes the reporting group’s ownership filing: the company states it is the final amendment and an exit filing. The filing also states that, after the disposals, the reporting persons have no voting, transfer, or governance obligations under their July 26 agreement.

The reported sales generated approximately $802,587 and $302,663 for J.B.D Innovation Ltd. on August 10 and August 11, 2026, respectively, before transaction costs. Victor Tshuva & Co. reported approximately $167,966 and $63,334 on those dates, respectively, also before transaction costs.

Shares sold August 10, 2026 (aggregate) 258,126 Ordinary Shares Aggregate Ordinary Shares sold in open-market transactions on August 10, 2026
Shares sold August 11, 2026 (aggregate) 123,235 Ordinary Shares Aggregate Ordinary Shares sold in open-market transactions on August 11, 2026
J.B.D shares sold August 10, 2026 213,454 Ordinary Shares J.B.D Innovation Ltd. open-market sales on August 10, 2026 at ~$3.76
J.B.D gross proceeds August 10, 2026 $802,587 Approximate gross proceeds from J.B.D’s August 10, 2026 sales before costs
J.B.D shares sold August 11, 2026 101,907 Ordinary Shares J.B.D Innovation Ltd. open-market sales on August 11, 2026 at ~$2.97
J.B.D gross proceeds August 11, 2026 $302,663 Approximate gross proceeds from J.B.D’s August 11, 2026 sales before costs
Victor Tshuva & Co. shares sold Aug 10, 2026 44,672 Ordinary Shares Open-market sales at ~$3.76 per share on August 10, 2026
Victor Tshuva & Co. gross proceeds Aug 10, 2026 $167,966 Approximate gross proceeds from August 10, 2026 sales before costs
Victor Tshuva & Co. shares sold Aug 11, 2026 21,328 Ordinary Shares Open-market sales at ~$2.97 per share on August 11, 2026
Victor Tshuva & Co. gross proceeds Aug 11, 2026 $63,334 Approximate gross proceeds from August 11, 2026 sales before costs
beneficially own financial
"As of August 11, 2026, the Reporting Persons do not beneficially own any Ordinary Shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Schedule 13(d) regulatory
"for purposes of Schedule 13(d) of the Securities Exchange Act of 1934"
pecuniary interest financial
"no discretionary or proxy voting authority or pecuniary interest with respect to any securities"
weighted average sale prices financial
"in open market transactions at weighted average sale prices of approximately $3.76 and $2.97 per share"
Exchange Act regulatory
"for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended"
A federal law that sets rules for trading securities on public exchanges, requiring companies and market participants to register, disclose regular financial information, and follow standards that promote honest, orderly markets. For investors, it matters because it creates transparency and legal protections—like stopping insider trading and ensuring timely company disclosures—so you can evaluate risks and rely on consistent rules much as players rely on a referee to keep a game fair.

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

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FAQ

What ownership change in WLDS is reported in this Schedule 13D amendment?

The reporting persons have fully exited their position in Wearable Devices Ltd., holding 0 Ordinary Shares as of August 11, 2026, and no longer owning 5% or more of the company.

How many WLDS shares did the reporting group sell on August 10, 2026?

On August 10, 2026, the reporting group sold an aggregate of 258,126 Ordinary Shares of Wearable Devices Ltd. through open-market transactions, contributing to the complete disposition of their holdings.

How many WLDS shares were sold on August 11, 2026?

On August 11, 2026, the reporting group sold an aggregate of 123,235 Ordinary Shares of Wearable Devices Ltd. in open-market sales, finalizing their exit and leaving them with no beneficial ownership.

What sale prices and proceeds were reported for WLDS shares by J.B.D Innovation Ltd.?

J.B.D sold 213,454 shares at about $3.76 and 101,907 shares at about $2.97 per share, for approximate gross proceeds of $802,587 and $302,663, respectively, before transaction costs.

What sale prices and proceeds were reported for WLDS shares by Victor Tshuva & Co.?

Victor Tshuva & Co. sold 44,672 shares at about $3.76 and 21,328 shares at about $2.97 per share, generating approximate gross proceeds of $167,966 and $63,334, respectively, before commissions and costs.

Are the WLDS reporting persons still bound by prior governance or voting agreements?

No. After disposing of all Ordinary Shares, the reporting persons hold no securities and are no longer subject to voting, transfer, or governance obligations under their July 26, 2026 agreement.





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)
08/10/2026

(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






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").


SCHEDULE 13D






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.").


SCHEDULE 13D


J.B.D Innovation Ltd.
Signature:/s/ Nissim Daniel
Name/Title:Nissim Daniel/Chief Executive Officer
Date:08/12/2026
Nissim Daniel
Signature:/s/ Nissim Daniel
Name/Title:Nissim Daniel
Date:08/12/2026
Victor Tshuva & Co. - Law Offices
Signature:/s/ Victor Tshuva
Name/Title:Victor Tshuva/Chief Executive Officer
Date:08/12/2026
Victor Tshuva
Signature:/s/ Victor Tshuva
Name/Title:Victor Tshuva
Date:08/12/2026