STOCK TITAN

Allot officer plans $44.7K sale of 6,000 shares

(Neutral)
(Neutral)
Form Type
144

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.

Positive

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Negative

  • None.
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
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.
ordinary shares financial
"Ordinary Shares | Oppenheimer & Co. Inc."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

FAQ

What amount of Allot Ltd. (ALLT) shares are covered by this Rule 144 notice?

The notice covers a proposed sale of 6,000 ordinary shares of Allot Ltd., to be sold through Oppenheimer & Co. Inc., with an aggregate market value of $44,700.00 as indicated in the filing.

What is the stated market value of the Allot Ltd. (ALLT) shares to be sold?

The filing indicates that the 6,000 ordinary shares proposed for sale have an aggregate market value of $44,700.00.

How many Allot Ltd. (ALLT) shares were outstanding according to this notice?

The notice states that there were 48,645,282 ordinary shares of Allot Ltd. outstanding at the time referenced in the filing.

Who is the person for whose account Allot Ltd. (ALLT) shares are to be sold?

The person for whose account the securities are to be sold is Boaz Grossman, identified in the filing as an officer.

What is the origin of the 21,000 Allot Ltd. (ALLT) shares referenced in the filing?

The filing states that 21,000 ordinary shares of Allot Ltd. were issued on 02/14/2025 upon vesting of restricted stock units (RSUs), with no consideration paid for the issuance.

Which broker is listed for the proposed sale of Allot Ltd. (ALLT) shares?

The broker listed for the proposed sale is Oppenheimer & Co. Inc., located at 85 Broad St., New York, NY 10004.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature