Allot (ALLT) Chief Product Officer sells 2,000 shares, retains 212,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allot Ltd. Chief Product Officer Mark Shteiman reported an open-market sale of 2,000 ordinary shares at $7.50 per share. After this transaction, he directly holds 212,000 ordinary shares, indicating he retained the vast majority of his position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($15,000)
Net Sell
1 txn
Insider
Shteiman Mark
Role
Chief Product Officer
Sold
2,000 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares | 2,000 | $7.50 | $15K |
Holdings After Transaction:
Ordinary shares — 212,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,000 shares
Sale price: $7.50 per share
Shares held after sale: 212,000 shares
3 metrics
Shares sold
2,000 shares
Open-market sale of Allot ordinary shares
Sale price
$7.50 per share
Price for the 2,000 shares sold
Shares held after sale
212,000 shares
Direct ownership after the transaction
Key Terms
Form 4, open-market sale, ordinary shares, transaction code "S"
4 terms
Form 4 regulatory
"The sale was disclosed on a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"reported an open-market sale of 2,000 ordinary shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code "S" regulatory
"coded as “S” on Form 4"
FAQ
What insider trade did Allot (ALLT) report for Mark Shteiman?
Allot reported that Chief Product Officer Mark Shteiman sold 2,000 ordinary shares in an open-market transaction. The sale was disclosed on a Form 4 insider filing and involved shares priced at $7.50 each.
What type of insider transaction did Allot (ALLT) disclose for Mark Shteiman?
The filing shows an open-market sale of ordinary shares by Mark Shteiman, coded as “S” on Form 4. This code identifies the transaction as a sale in the open market or a private sale transaction.
Does Allot (ALLT) Form 4 show any option exercises by Mark Shteiman?
The Form 4 data only reports a sale of 2,000 non-derivative ordinary shares and shows no derivative transactions. The derivative summary section is empty, indicating no option exercises or similar derivative events in this filing.