Goldwasser Benad 4

What Happened

• Goldwasser Benad, a director of Odysight.ai Inc. (ODYS), was involved in a derivative exchange on February 19, 2026: the company cancelled 248,411 options and replaced them with 248,411 new options, and cancelled 69,796 options and replaced them with 69,796 new options — a total of 318,207 options replaced. No per-share price or total dollar value is reported in the Form 4 (derivative transactions are listed as N/A). This action reflects an extension/replacement of option terms rather than an open‑market purchase or sale of common stock.

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (filed within the Section 16 reporting window).
• Transaction types reported: Disposition to issuer (D) for cancellation of old options and Grant/Award (A) for issuance of replacement options (derivative transactions; prices reported as N/A).
• Options affected: 248,411 (old → replacement) and 69,796 (old → replacement); total replaced = 318,207.
• Shares/options owned after transaction: not specified in the filing.
• Footnote: The Board approved a three-year extension of the term of the options, which resulted in cancellation of the “old” options and grant of “replacement” options (per filing footnote).
• Filing timeliness: Reported within the required period (no late filing flag).

Context

• This is an option-term extension/replacement, not a stock purchase or sale; it does not immediately change outstanding common shares or represent insider cashing out. Such restructurings are typically administrative (preserving option value or aligning terms) and do not necessarily signal the director’s view on the company’s near-term stock direction.