Oddity Tech (ODD) Director Cheresniya Ohad Receives Award

What Happened

• Cheresniya Ohad, a director of Oddity Tech Ltd (ODD), had derivative units convert and received a director award. The Form 4 shows a conversion/exercise of 4,596 derivative units on 2026-07-28 (acquired and simultaneously disposed at $0.00) and an acquisition by grant of 10,889 shares on 2026-07-29 at $0.00. Reported dollar value for each line is $0.00. Based on the reported entries, the transactions show 10,889 shares acquired and 4,596 shares disposed — a reported net increase of 6,293 shares for the reporting period.

Key Details

• Transaction dates and prices:
  • 2026-07-28: Conversion/exercise of derivative (code M) — 4,596 shares acquired @ $0.00 and 4,596 shares disposed @ $0.00.
  • 2026-07-29: Grant/award acquisition (code A) — 10,889 shares acquired @ $0.00.
• Total reported values: all lines show $0.00 (typical for awards/vests or in-kind conversions).
• Shares owned after the transactions: not specified in the provided filing summary.
• Footnotes of note:
  • F1: Restricted Stock Units (RSUs) convert into Class A ordinary shares on a one-for-one basis.
  • F2: The 10,889-share award was granted Nov 13, 2025 and vested on July 28, 2026 per the issuer's Non-Employee Director Compensation Policy.
  • F3: Describes the general vesting schedule applicable to similar awards (earlier of next AGM or one-year anniversary, subject to continued service).
• Filing timeliness: Report covers period ending 2026-07-28 and was filed 2026-07-29 — appears timely.

Context

• These entries reflect derivative conversion and compensation-related awards (not open-market purchases). The simultaneous acquisition and disposal of the same 4,596 shares at $0.00 often occurs in connection with vesting, conversion and routine share transfers or net settlement (e.g., to satisfy taxes or obligations), but the filing does not specify the exact reason. The primary event is a vested director RSU award being reported.