Allot officer plans $44.7K sale of 6,000 shares
Rhea-AI Filing Summary
Allot Ltd. (ALLT) is the issuer of ordinary shares covered by a notice of proposed sale filed in connection with Rule 144. The notice relates to a planned sale of 6,000 ordinary shares through Oppenheimer & Co. Inc., with an aggregate market value of $44,700.00.
The filing states that 48,645,282 ordinary shares were outstanding as of the notice, and that 21,000 ordinary shares were issued on 02/14/2025 upon vesting of restricted stock units, for which no cash consideration was paid. The person for whose account the securities are to be sold is identified as Boaz Grossman, described as an officer.
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Key Figures
Proposed shares to be sold: 6,000 ordinary shares
Aggregate market value of proposed sale: $44,700.00
Shares outstanding: 48,645,282 ordinary shares
+2 more
5 metrics
Proposed shares to be sold
6,000 ordinary shares
Ordinary Shares section for proposed Rule 144 sale
Aggregate market value of proposed sale
$44,700.00
Value associated with 6,000 ordinary shares to be sold
Shares outstanding
48,645,282 ordinary shares
Ordinary Shares outstanding as referenced in the notice
Shares issued upon vesting of RSUs
21,000 ordinary shares
Issued on 02/14/2025 with no consideration upon RSU vesting
Date RSU shares issued
02/14/2025
Issuance date of 21,000 shares upon vesting of RSUs
Key Terms
Rule 144, restricted stock units, ordinary shares
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"Shares issued upon vesting of 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.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.