March 25, 2026 · Form 4 insider transaction
Arkin Moshe bought 2,352,941 shares of Odysight.ai Inc. at $5.50 per share, a transaction worth $12.94M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
The cashless exercise of the warrant to purchase common stock was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors.; On March 25, 2026, Phoenix Insurance Company Ltd. exercised a warrant to purchase 2,352,941 shares of the Issuer's common stock for $5.50 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer withholding 2,081,044 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 271,897 shares.