Allot (ALLT) CEO Harari Eyal David reports 1.06M Ordinary Shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Allot Ltd. filed an initial insider report showing that Chief Executive Officer Harari Eyal David holds 1,055,970 Ordinary Shares directly. This total includes multiple restricted share unit (RSU) and performance share unit (PSU) awards that vest between May 2026 and May 2029, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harari Eyal David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Ordinary shares — 1,055,970 shares (Direct)
Footnotes (1)
- Includes 115,806 Ordinary Shares that are represented by restricted share units ("RSUs") that were granted on August 26, 2024 of which 57,903 vest on each of May 6, 2026 and August 6, 2026. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement. Includes 57,903 Ordinary Shares that are represented by RSUs that were granted on December 26, 2024 and vest on November 6, 2026, subject to the Reporting Person's continued service. Includes 347,418 Ordinary Shares that are represented by RSUs that were granted on February 24, 2025, of which 57,903 vest on each of February 6, 2027 and on a quarterly basis thereafter through May 6, 2028, subject to the Reporting Person's continued service. Includes 86,439 Ordinary Shares that are represented by RSUs that were granted on May 25, 2025, of which 21,609 vest on each of August 6, 2028, and on a quarterly basis thereafter through May 6, 2029, subject to the Reporting Person's continued service. Includes 43,090 Ordinary Shares that are represented by performance share units ("PSUs") that were granted on February 24, 2025 and for which the performance metric has been met, which vest on February 24, 2028, subject to the Reporting Person's continued service. Each PSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement.
FAQ
What does Allot (ALLT) CEO Harari Eyal David report on this Form 3?
The Form 3 shows CEO Harari Eyal David directly holding 1,055,970 Ordinary Shares of Allot Ltd. This amount includes current shares plus unvested RSU and PSU awards scheduled to vest over several future dates, subject to his continued service with the company.
Are there any buy or sell transactions in this Allot (ALLT) Form 3?
No buy or sell transactions are reported. The Form 3 functions as an initial ownership statement, listing the CEO’s direct holdings of Ordinary Shares, including RSUs and PSUs, rather than disclosing new purchases, sales, or option exercises during the reported period.
When do the Allot (ALLT) CEO’s RSUs from the August 2024 grant vest?
From the August 26, 2024 grant totaling 115,806 RSU-linked shares, 57,903 shares vest on May 6, 2026 and another 57,903 vest on August 6, 2026. Each RSU converts into one Ordinary Share upon settlement.
What are the vesting terms for the February 2025 RSU grant at Allot (ALLT)?
The February 24, 2025 RSU grant covers 347,418 Ordinary Shares. Of these, 57,903 vest on February 6, 2027, with additional tranches vesting on a quarterly basis through May 6, 2028, contingent on the CEO’s continued service.