Sagi Eilam 4
Research Summary
AI-generated summary
Odysight.ai CBO Sagi Eilam Receives 15,000-Share Award
What Happened
- Sagi Eilam, Chief Business Officer of Odysight.ai Inc. (ODYS), was granted a derivative award on 2026-02-19 covering 15,000 shares (reported price $0.00). This transaction is an award/grant of a stock option (derivative), not an open-market purchase or sale, so no cash changed hands at grant.
Key Details
- Transaction date: 2026-02-19 (Form 4 filed 2026-02-23).
- Transaction type/code: Award/Grant (A) of a derivative security (stock option).
- Shares/options granted: 15,000; Reported price: $0.00 (award grant — no cash paid).
- Shares owned after transaction: Not specified in the filing.
- Vesting footnote: One-third vests on Nov 15, 2026, with the remainder vesting in equal quarterly installments over the following 24 months; fully vested by Nov 15, 2028. (See footnote F1.)
- Filing timeliness: The Form 4 was filed four days after the transaction date; Form 4s are generally due within two business days, so this filing appears late.
Context
- This was a grant of options (a derivative award), not an exercise or sale. The options are subject to a multi-year vesting schedule, so they are not immediately exercisable in full.
- Grants and awards are common components of executive compensation and, by themselves, do not indicate an immediate buy or sell decision.