Wearable Devices Ltd. December 2024 SEC Report: Equity Incentive Boost

Here are the key insights extracted from the financial report section you provided:

1. Company Information:

• Name: Wearable Devices Ltd.
• Location: 5 Ha-Tnufa Street, Yokne-am Illit, Israel 2066736.

2. Filing Type:

• This is a Form 6-K, which is typically used by foreign private issuers to report information required by the SEC.

3. Date of Report:

• The report is for December 2024.

4. SEC File Numbers:

• The report references multiple registration statements on Form S-8 and Form F-3, indicating ongoing compliance with SEC filing requirements.

5. Shareholder Actions:

• The Board of Directors approved an increase in the number of ordinary shares reserved under the Company’s 2024 Global Equity Incentive Plan by 337,440 shares, raising the total reserved from 228,530 to 565,970 shares. This suggests a strategic move to incentivize employees or attract new talent.

6. Signatures:

• The report is signed by Asher Dahan, the Chief Executive Officer, indicating formal approval and authenticity of the document.

7. Regulatory Compliance:

• The filing is made under the Securities Exchange Act of 1934, adhering to regulatory requirements.

This information provides insights into the company's governance actions regarding equity incentives, indicating an emphasis on employee compensation and retention strategies, as well as compliance with SEC regulations.