Allot SVP Grossman sells 5,000 shares at $7.37
Allot Ltd. Senior Vice President of R&D, Boaz Grossman, reported an open-market sale of 5,000 ordinary shares at $7.37 per share.
Rhea-AI Filing Summary
Allot Ltd. Senior Vice President of R&D, Boaz Grossman, reported an open-market sale of 5,000 ordinary shares at $7.37 per share. After this transaction, he directly holds 192,000 ordinary shares, indicating he retains a substantial equity position in the company.
Positive
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Negative
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Insights
Routine open-market sale of a small portion of existing holdings.
Senior Vice President of R&D Boaz Grossman executed an open-market sale of 5,000 ordinary shares of Allot Ltd. at $7.37 per share. This is classified as a non-derivative transaction with code S, indicating a straightforward sale.
Following the sale, Grossman directly holds 192,000 ordinary shares, so the transaction represents only a minor reduction in his stake. There are no derivative positions reported in this filing, and no footnotes indicating special arrangements or 10b5-1 trading plans.
The filing mainly updates Grossman’s ownership levels rather than signaling a major shift. Subsequent company filings may provide broader context on insider activity and any changes in overall executive ownership trends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares | 5,000 | $7.37 | $37K |
Key Figures
Key Terms
open-market sale financial
non-derivative financial
transaction code S financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Allot (ALLT) report for Boaz Grossman?
Was Boaz Grossman’s Allot (ALLT) trade an open-market sale?
Does the Allot (ALLT) Form 4 show any derivative exercises by Boaz Grossman?
How large is Boaz Grossman’s Allot (ALLT) sale compared to his remaining stake?
AI-generated analysis. How Rhea-AI works. Not financial advice.