Wearable Devices Ltd. Boosts Equity Incentive Plan Share Reserve
Ticker: WLDSW · Form: 6-K · Filed: Dec 23, 2024 · CIK: 1887673
| Field | Detail |
|---|---|
| Company | Wearable Devices Ltd. (WLDSW) |
| Form Type | 6-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-incentive-plan, share-increase, board-approval
TL;DR
Wearable Devices Ltd. just added 337,440 shares to its equity incentive plan, total now 565,970.
AI Summary
On December 20, 2024, Wearable Devices Ltd.'s Board of Directors approved an increase in the number of ordinary shares available under its 2024 Global Equity Incentive Plan. The reserve was increased by 337,440 shares, bringing the total to 565,970 shares.
Why It Matters
This move allows the company to grant more stock-based compensation to employees, potentially aiding in talent retention and motivation.
Risk Assessment
Risk Level: low — The filing is a routine update on an equity incentive plan, with no immediate financial or operational risks indicated.
Key Numbers
- 337,440 — Additional Shares (Increase to the equity incentive plan share reserve.)
- 565,970 — Total Shares (New total number of shares reserved under the equity incentive plan.)
Key Players & Entities
- Wearable Devices Ltd. (company) — Registrant
- December 20, 2024 (date) — Approval date
- 337,440 (dollar_amount) — Increase in shares
- 565,970 (dollar_amount) — New total shares
- 2024 Global Equity Incentive Plan (company) — Plan name
FAQ
What was the exact date the Board of Directors approved the increase in share reserve?
The Board of Directors approved the increase on December 20, 2024.
How many additional ordinary shares were approved for the equity incentive plan?
An additional 337,440 ordinary shares were approved.
What is the new total number of ordinary shares reserved under the 2024 Global Equity Incentive Plan?
The new total is 565,970 ordinary shares.
What type of shares are being reserved under the plan?
Ordinary shares, no par value per share, are being reserved.
Is this filing incorporated by reference into any registration statements?
Yes, this Form 6-K is incorporated by reference into registration statements on Form S-8 (File Nos. 333-269869, 333-274343 and 333-284010).
Filing Stats: 264 words · 1 min read · ~1 pages · Grade level 12.6 · Accepted 2024-12-23 16:05:24
Filing Documents
- ea0225821-6k_wearable.htm (6-K) — 9KB
- 0001213900-24-111889.txt ( ) — 10KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Wearable Devices Ltd. Date: December 23, 2024 By: /s/ Asher Dahan Asher Dahan Chief Executive Officer