Drucker Mann Lindsay 4

What Happened

• Lindsay Drucker Mann, Chief Financial Officer of Oddity Tech (ODD), reported RSUs vesting and a related open-market sale. On 2026-05-31, 23,929 RSUs converted into 23,929 Class A ordinary shares (recorded as an exercise/conversion with no cash cost). On 2026-06-01 she sold 9,603 shares in the open market at $13.44 each for total gross proceeds of $129,064. The sale was done to satisfy statutory tax withholding obligations connected to the RSU vesting.

Key Details

• Transaction dates and prices:
  • 2026-05-31: 23,929 RSUs converted to 23,929 shares (exercise/conversion; $0 exercise price).
  • 2026-06-01: 9,603 shares sold in open market at $13.44, proceeds $129,064.
• Shares retained from this vesting: 23,929 vested minus 9,603 sold = 14,326 shares retained from this installment. (The filing excerpt does not state total beneficial ownership after the transactions.)
• Footnotes:
  • F1: The sale of shares was to satisfy statutory tax withholding on RSU vesting.
  • F2: RSUs convert one-for-one; three installments have vested to date, remaining installments vest monthly with the final vesting on Feb 28, 2029.
• Timeliness: The Form 4 was filed on 2026-06-01 reporting a 2026-05-31 vesting/sale—appears to be filed promptly.

Context

• This was not a cash purchase but the conversion of RSUs into shares followed by a sale to cover taxes, a routine administrative transaction rather than a clear buy/sell signal about company outlook. The derivative code (M) denotes exercise/conversion; there was no cash exercise price. Purchases typically carry more weight for interpreting insider sentiment; this filing documents a vesting event and tax-related sale.