Allot (ALLT) director Reis reports ownership of 162,000 shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Allot Ltd. director David M. Reis reported his initial holdings on a Form 3, showing beneficial ownership of 162,000 ordinary shares. This includes 37,500 shares represented by RSUs granted on December 14, 2023, with 12,500 scheduled to vest on each of March 27, 2026, June 27, 2026, and September 27, 2026, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reis David M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Ordinary shares — 162,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does Allot (ALLT) director David M. Reis report on this Form 3?
David M. Reis reports beneficial ownership of 162,000 ordinary shares of Allot Ltd. This total includes 37,500 shares represented by RSUs granted on December 14, 2023, reflecting his initial equity position as a director.
How many Allot (ALLT) RSUs does David M. Reis hold and when do they vest?
Reis holds 37,500 ordinary shares represented by RSUs granted on December 14, 2023. These RSUs vest in three equal tranches of 12,500 shares on March 27, 2026, June 27, 2026, and September 27, 2026, contingent on continued service.
Is the Allot (ALLT) Form 3 for David M. Reis a buy or sell transaction?
This Form 3 does not report a buy or sell transaction. It is an initial ownership filing that discloses Reis’s 162,000 ordinary shares, including 37,500 RSU-based shares, rather than documenting new market activity.
What type of security does David M. Reis report owning in Allot (ALLT)?
Reis reports ownership of ordinary shares of Allot Ltd., totaling 162,000 shares. Within this amount, 37,500 shares are represented by restricted stock units (RSUs) subject to a time-based vesting schedule tied to his ongoing service.
What conditions apply to David M. Reis’s Allot (ALLT) RSU grants?
The 37,500 RSU-represented shares granted to Reis on December 14, 2023 vest only if he maintains continued service. Vesting occurs in three installments of 12,500 shares each on March 27, 2026, June 27, 2026, and September 27, 2026.