[144] Kaltura, Inc. SEC Filing

Rhea-AI Filing Summary

Kaltura, Inc. (KLTR) notice reports a proposed sale under Rule 144 of 38,114 common shares via Oppenheimer & Co. with an aggregate market value of $57,171.00, scheduled about 09/03/2025 on NASDAQ. The shares were acquired as restricted stock units from the issuer on 02/14/2024 totaling 667,335 units granted on that date. The filer previously sold 40,118 shares on 06/03/2025 for $89,603.55 and 14,828 shares on 07/02/2025 for $29,142.21. The filing includes the standard representation that the seller has no undisclosed material adverse information.

Positive

• Filing complies with Rule 144 formalities and includes the required attestation regarding undisclosed material information
• Broker identified (Oppenheimer & Co.) and proposed sale date provided, improving transparency

Negative

• Insider selling activity: proposed sale of 38,114 shares and prior sales of 40,118 and 14,828 shares in recent months could dilute insider ownership or signal ongoing monetization
• Limited issuer detail: the filing lacks additional context about the insider's role or reasons for sale, providing no operational information for investors

Insights

Securities Analyst

TL;DR: Insider plans a modest Rule 144 sale after recent disposals; filing indicates routine compliance without new material disclosures.

The filing shows a proposed sale of 38,114 shares valued at about $57k, acquired as restricted stock units in February 2024. Prior open-market sales of 40,118 and 14,828 shares in June and July 2025 respectively suggest the insider has been monetizing equity over recent months. There is no disclosure here of any nonpublic adverse information or atypical arrangements. For investors, this is a standard insider liquidity event documented under Rule 144 rather than an operational update about Kaltura's business or financial performance.

Corporate Governance Expert

TL;DR: Form 144 reflects routine insider selling activity and formal attestation; no governance red flags are evident from this notice alone.

The notice identifies the securities as previously granted restricted stock units and lists the broker and planned sale date. The filer affirms there is no undisclosed material adverse information and includes the required signature language, consistent with compliance expectations. The combination of multiple recent sales and this scheduled disposition merits monitoring for pattern but does not, by itself, indicate governance concerns or insider impropriety based on the information provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Oppenheimer & Co. Inc. 85 Broad St. New York NY 10004	38114	57171.00	154491495	09/03/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/14/2024	Restricted stock Units	From the issuer			667335	02/14/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
John Doherty 250 PARK AVENUE SOUTH, 10TH FLOOR New York NY 10003	Common	06/03/2025	40118	89603.55
John Doherty 250 PARK AVENUE SOUTH, 10TH FLOOR, New York NY 10003	Common	07/02/2025	14828	29142.21

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for KLTR report?

The Form 144 reports a proposed sale of 38,114 Kaltura common shares via Oppenheimer & Co. with aggregate market value $57,171.00, planned for 09/03/2025 on NASDAQ.

When and how were the shares to be sold acquired?

The shares were acquired as restricted stock units from the issuer on 02/14/2024, totaling 667,335 units on that date.

Has the filer recently sold other KLTR shares?

Yes. The filer sold 40,118 shares on 06/03/2025 for $89,603.55 and 14,828 shares on 07/02/2025 for $29,142.21.

Does this Form 144 indicate undisclosed adverse information about Kaltura?

No. The filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.

Which broker will handle the proposed sale?

The filing names Oppenheimer & Co. Inc., 85 Broad St., New York, NY as the broker for the proposed sale.