Allot (ALLT) CPO reports 233,000 shares including multi-year RSUs
Rhea-AI Filing Summary
Allot Ltd. executive Mark Shteiman, Chief Product Officer, reported beneficial ownership of 233,000 Ordinary Shares on his initial insider statement. This total includes restricted share units, such as 10,000 RSUs granted on May 19, 2023 that vest on May 19, 2026, and 50,000 RSUs granted on February 24, 2025, with 25,000 vesting on each of February 24, 2027 and February 24, 2028. It also includes 20,000 RSUs granted on February 26, 2026 that vest on February 26, 2029, all subject to his continued service with the company.
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FAQ
What does Allot (ALLT) Chief Product Officer Mark Shteiman report in this Form 3?
Mark Shteiman reports initial beneficial ownership of 233,000 Ordinary Shares of Allot Ltd. This figure includes both currently held shares and multiple grants of restricted share units (RSUs) that vest between 2026 and 2029, subject to continued service.
How many Allot (ALLT) shares and RSUs does Mark Shteiman hold?
He reports total beneficial ownership of 233,000 Ordinary Shares. This total includes 10,000 RSUs from May 19, 2023, 50,000 RSUs from February 24, 2025, and 20,000 RSUs from February 26, 2026, all settling into ordinary shares.
When do Mark Shteiman’s 2023 RSUs in Allot (ALLT) vest?
The 10,000 RSUs granted on May 19, 2023 are scheduled to vest on May 19, 2026. Upon settlement, each restricted share unit converts into one Ordinary Share of Allot Ltd., provided he continues his service with the company until vesting.
What are the vesting terms of Mark Shteiman’s 2025 RSUs in Allot (ALLT)?
The 50,000 RSUs granted on February 24, 2025 vest in two equal tranches. 25,000 RSUs vest on February 24, 2027 and another 25,000 RSUs vest on February 24, 2028, assuming his continued service through each vesting date.
What are the details of Mark Shteiman’s 2026 RSU grant in Allot (ALLT)?
The filing notes an additional 20,000 RSUs granted on February 26, 2026. These units are scheduled to vest on February 26, 2029. Each RSU represents a contingent right to receive one Ordinary Share upon settlement, subject to continued service.
Does this Allot (ALLT) Form 3 show any recent insider buying or selling by Mark Shteiman?
No specific buy or sell transactions are reported; this is an initial ownership statement. It discloses Mark Shteiman’s total 233,000-share beneficial position, including time-based RSU awards that vest between 2026 and 2029, instead of listing market trades.