Oddity Tech (NASDAQ: ODD) CFO sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oddity Tech Ltd’s Global Chief Financial Officer, Lindsay Drucker Mann, reported routine equity award activity. On March 31, 2026, she exercised 23,929 Restricted Stock Units, which converted into the same number of Class A ordinary shares.
On the same date, 9,604 Class A ordinary shares were sold at $12.85 per share, with the filing stating this sale was solely to satisfy statutory tax withholding obligations triggered by RSU vesting. After these transactions, she directly held 49,054 Class A ordinary shares, and the RSU award continues to vest in approximately equal monthly installments through February 28, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,604 shares ($123,411)
Net Sell
3 txns
Insider
Drucker Mann Lindsay
Role
Global Chief Financial Officer
Sold
9,604 shs ($123K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,929 | $0.00 | -- |
| Exercise | Class A ordinary shares | 23,929 | $0.00 | -- |
| Sale | Class A ordinary shares | 9,604 | $12.85 | $123K |
Holdings After Transaction:
Restricted Stock Units — 837,522 shares (Direct);
Class A ordinary shares — 58,658 shares (Direct)
Footnotes (1)
- Represents the number of Class A ordinary shares sold in connection with the vesting of Restricted Stock Units ("RSUs") solely to satisfy statutory tax withholding obligations incurred upon vesting. RSUs convert into Class A ordinary shares on a one-for-one basis. The first installment of the award is vested, and the remainder will vest in approximately equal installments on the last day of every calendar month, with the last installment to vest on February 28, 2029.
Key Figures
RSUs exercised: 23,929 units
Shares sold: 9,604 shares
Sale price: $12.85 per share
+2 more
5 metrics
RSUs exercised
23,929 units
Restricted Stock Units converting into Class A ordinary shares on March 31, 2026
Shares sold
9,604 shares
Class A ordinary shares sold to satisfy tax withholding on March 31, 2026
Sale price
$12.85 per share
Price for 9,604 Class A ordinary shares sold
Shares held after
49,054 shares
Direct Class A ordinary share holdings after transactions on March 31, 2026
RSUs remaining
837,522 units
Total RSUs shown as outstanding after the RSU exercise transaction
Key Terms
Restricted Stock Units, statutory tax withholding obligations, Class A ordinary shares, vest in approximately equal installments, +1 more
5 terms
Restricted Stock Units financial
"Represents the number of Class A ordinary shares sold in connection with the vesting of Restricted Stock Units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
statutory tax withholding obligations financial
"sold in connection with the vesting of RSUs solely to satisfy statutory tax withholding obligations incurred upon vesting"
vest in approximately equal installments financial
"the remainder will vest in approximately equal installments on the last day of every calendar month"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Oddity Tech (ODD) report for its CFO?
Oddity Tech’s Global Chief Financial Officer, Lindsay Drucker Mann, exercised 23,929 RSUs into Class A ordinary shares and sold 9,604 shares. The sale was disclosed as solely to cover statutory tax withholding obligations tied to RSU vesting.
What did the RSU exercise involve for Oddity Tech (ODD)’s CFO?
The CFO exercised 23,929 Restricted Stock Units, each converting into one Class A ordinary share. This increased her share ownership before the subsequent sale to cover tax withholding, reflecting standard equity compensation mechanics rather than a traditional open-market share purchase.
Over what period will the remaining RSUs for Oddity Tech (ODD)’s CFO vest?
The filing states that after the first installment has vested, the remaining RSUs will vest in approximately equal installments on the last day of every calendar month, with the final installment scheduled to vest on February 28, 2029, creating a multi-year vesting horizon.