Oddity Tech Ltd·4

Apr 1, 6:38 PM ET

Drucker Mann Lindsay 4

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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.