Tanami Ronen 4
Research Summary
AI-generated summary
Odysight.ai (ODYS) COO Tanami Ronen Receives 40,000-Share Award
What Happened
- Tanami Ronen, Chief Operating Officer of Odysight.ai Inc. (ODYS), received a grant of 40,000 shares in the form of a derivative award (stock option/award) on May 19, 2026. The reported acquisition price is $0.00 (no cash paid at grant); this is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date and filing: transaction reported for 2026-05-19; Form 4 filed 2026-05-21 (appears timely).
- Type: Derivative award/stock option (Form 4 code A — grant/award).
- Shares/price: 40,000 shares granted at $0.00 (no immediate cash outlay or sale proceeds).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote (vesting): The option vests one-third on May 19, 2027, then in equal quarterly installments over the next 24 months, becoming fully vested on May 19, 2029.
Context
- This was a grant/award, not an exercise or sale. The award creates future upside potential if the stock rises and the options are exercised after vesting; it does not represent an immediate cash transaction.
- Such grants are common executive compensation and do not, by themselves, signal near-term buying or selling intent.