Drucker Mann Lindsay 4
4 · Oddity Tech Ltd · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Oddity Tech (ODD) CFO Drucker Mann Lindsay Sells Shares & Exercises RSUs
What Happened Drucker Mann Lindsay, CFO of Oddity Tech Ltd (ODD), had 23,929 restricted stock units (RSUs) convert into 23,929 Class A ordinary shares on March 31, 2026 (reported April 1, 2026). Of those shares, 9,604 were sold in an open-market/private sale at $12.85 per share for proceeds of $123,411 to satisfy statutory tax withholding. The remaining shares from the vesting event were retained (23,929 issued minus 9,604 sold ≈ 14,325 net shares).
Key Details
- Transaction date(s): March 31, 2026; filing date: April 1, 2026 (appears timely).
- Sale: 9,604 shares at $12.85 each — proceeds $123,411.
- Vesting/conversion: 23,929 RSUs converted to 23,929 Class A shares at $0.00 per share (reporting code M for exercise/conversion).
- Net shares retained (based on filing math): approximately 14,325 shares after tax-withholding sale.
- Footnotes: F1 — the sale of 9,604 shares was solely to satisfy statutory tax withholding upon vesting. F2 — RSUs convert 1-for-1; this was the first installment, with remaining installments vesting monthly through Feb 28, 2029.
- Shares owned after the transaction: not specified in the filing.
Context This was not a market-timing purchase; it was an RSU vesting event with a routine tax-withholding sale. For retail investors, such withholding sales are common and do not necessarily indicate a change in the insider's view of the company. The filing shows an RSU vest and partial sale to cover taxes rather than an opportunistic open-market cash sale for investment purposes.
Insider Transaction Report
- Exercise/Conversion
Class A ordinary shares
2026-03-31+23,929→ 58,658 total - Sale
Class A ordinary shares
[F1]2026-03-31$12.85/sh−9,604$123,411→ 49,054 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-03-31−23,929→ 837,522 total→ Class A ordinary shares (23,929 underlying)
Footnotes (2)
- [F1]Represents the number of Class A ordinary shares sold in connection with the vesting of Restricted Stock Units ("RSUs") solely to satisfy statutory tax withholding obligations incurred upon vesting.
- [F2]RSUs convert into Class A ordinary shares on a one-for-one basis. The first installment of the award is vested, and the remainder will vest in approximately equal installments on the last day of every calendar month, with the last installment to vest on February 28, 2029.