---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-042678"
form_type: "8-K"
ticker: "ODYS"
cik: "0001577445"
company_name: "Odysight.ai Inc."
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:40:02.482435+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Odysight.ai approves director compensation for Dr. Carlo Papa: €150K annual fees plus 30,000 options

## Summary
- Annual board service fee of €30,000 for Dr. Carlo Papa.
- Additional €120,000 for chairman role at planned European subsidiary, subject to formation and board approval.
- Incentive bonus parameters to be set later; options to purchase 30,000 shares at $4.80 per share granted.
- Options vest over three years: one-third at first anniversary, then eight equal quarterly installments.
- Vesting accelerates upon a change of control; compensation replaces standard quarterly director fees.

## SEC filing metadata
- accession: 0001493152-24-042678
- form_type: 8-K
- ticker: ODYS
- cik: 0001577445
- company_name: Odysight.ai Inc.
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1577445/000149315224042678/0001493152-24-042678-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1577445/000149315224042678/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-042678
- JSON: https://secwatch.observer/filing/0001493152-24-042678.json
- Plain text: https://secwatch.observer/filing/0001493152-24-042678.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.