secwatch.observer — SEC 8-K summary
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Issuer:     Odysight.ai Inc. (ODYS)
CIK:        0001577445
Form:       8-K
Filed at:   2024-09-20T23:59:59+00:00
Accession:  0001493152-24-037255
Event type: leadership
Sentiment:  positive
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Odysight.ai appoints Dr. Carlo Papa to board; CEO gets NIS 375K bonus, 60,000 options
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- Dr. Carlo Papa appointed to board effective Sept 16, 2024; board increases to 8 directors.
- CEO Yehu Ofer awarded NIS 375K cash bonus and 60,000 options at $4.80 exercise price.
- CFO Einav Brenner awarded NIS 60K cash bonus and 30,000 options; other officers also received options.
- Options vest 1/3 on first anniversary, remainder quarterly over two years; change of control acceleration.
- Dr. Papa is Senior Fellow at Columbia Center on Sustainable Investment, focusing on energy transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577445/000149315224037255/0001493152-24-037255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577445/000149315224037255/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-037255

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer