Oddity Tech (ODD) Director Nir Yehoshua Converts RSUs, Receives Award
$ODD · Oddity Tech LtdResearch Summary
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Oddity Tech (ODD) Director Nir Yehoshua Converts RSUs, Receives Award
What Happened
Nir Yehoshua, a director of Oddity Tech Ltd (ODD), had derivative activity reported for July 28–29, 2026. On July 28 he recorded the exercise/conversion of 4,596 derivative units (code M) at $0.00. On July 29 he was reported as acquiring 10,889 derivative units as an award/grant (code A) at $0.00. Combined, these entries represent 15,485 RSU-equivalent units; no cash consideration was recorded.
Key Details
- Transaction dates and types: 2026-07-28 — Exercise/conversion of 4,596 derivative units (M) @ $0.00; 2026-07-29 — Grant/award of 10,889 derivative units (A) @ $0.00.
- Total units involved: 4,596 converted + 10,889 granted = 15,485 RSU-equivalent units.
- Shares owned after transaction: Not specified in the filing.
- Filing: Form 4 filed July 29, 2026 covering transactions through July 28, 2026 (appears timely).
- Transaction codes explained: M = exercise or conversion of a derivative; A = grant/award.
- Footnotes: F1 — Restricted Stock Units (RSUs) convert into Class A ordinary shares 1-for-1. F2 — an award granted Nov 13, 2025 vested on July 28, 2026 per the issuer’s Non-Employee Director Compensation Policy. F3 — another award will vest on the earlier of the first post-grant AGM or the first anniversary, subject to continued board service.
Context
These entries reflect director compensation activity (vesting/conversion of RSUs and a director award), not an open-market buy or sale. Conversions at $0.00 typically indicate RSUs settling into shares; the filing does not show any immediate market sale of underlying shares. Such awards are routine non-employee director compensation and should be interpreted as equity compensation rather than a direct bullish or bearish market signal.