Drucker Mann Lindsay 4
4 · Oddity Tech Ltd · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Oddity Tech CFO Drucker Mann Lindsay Exercises RSUs, Sells 9,600 Shares
What Happened
Drucker Mann Lindsay, Chief Financial Officer of Oddity Tech Ltd (ODD), had 23,929 restricted stock units (RSUs) convert into Class A ordinary shares on April 30, 2026 (exercise/conversion of derivative). On the same day she sold 9,600 of those shares in an open-market/related disposition at $15.62 per share, receiving $149,952. The sale was done solely to satisfy statutory tax withholding obligations associated with the RSU vesting.
Key Details
- Transaction date: 2026-04-30.
- Conversion/exercise (M): 23,929 RSUs converted to shares at $0.00 (no cash exercise price).
- Sale (S): 9,600 shares sold at $15.62 per share for $149,952.
- Derivative disposal entry of 23,929 shares appears in the filing reflecting the RSU conversion.
- Shares owned after the transaction: not specified in the filing.
- Footnotes:
- F1: The 9,600 shares sold were to satisfy statutory tax withholding upon vesting.
- F2: RSUs convert one-for-one to Class A ordinary shares; two installments have vested, remaining installments vest monthly with final vesting on Feb 28, 2029.
- Filing timeliness: Report filed 2026-05-01 for transactions on 2026-04-30 — appears timely.
Context
This was not a cash purchase; it was the vesting/conversion of RSUs (derivative conversion) with a partial share sale to cover taxes — a common, routine administrative sale following equity compensation vesting. Such tax-withholding sales typically do not signal an independent trading decision about the company’s prospects.
Insider Transaction Report
- Exercise/Conversion
Class A ordinary shares
2026-04-30+23,929→ 72,983 total - Sale
Class A ordinary shares
[F1]2026-04-30$15.62/sh−9,600$149,952→ 63,383 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-04-30−23,929→ 813,593 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. Two installments of the award have 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.