Kaltura (KLTR) director sells 131,873 shares under 10b5-1 plan

Rhea-AI Filing Summary

Kaltura Inc. director Naama Halevi-Davidov sold 131,873 shares of Common Stock in an open-market transaction. The sale took place on March 20, 2026 at a weighted average price of $1.2079 per share, with individual trade prices ranging from $1.20 to $1.23.

The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 16, 2025. After this sale, Halevi-Davidov continues to hold 236,809 shares of Kaltura common stock directly.

Insights

Equity analyst

Director executes planned share sale but retains a substantial position.

Director Naama Halevi-Davidov sold 131,873 Kaltura common shares at a weighted average of $1.2079 per share. The sales occurred across multiple trades between $1.20 and $1.23, indicating typical execution within a narrow price band.

The filing states the sale was made under a Rule 10b5-1 trading plan adopted on December 16, 2025, suggesting the transactions were pre-scheduled rather than opportunistic. Following the sale, she still directly owns 236,809 shares, so the transaction represents a partial reduction rather than a full exit.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Halevi-Davidov Naama

(Last) (First) (Middle)

C/O KALTURA, INC.

860 BROADWAY 3RD FLOOR

(Street)

NEW YORK NEW YORK 10003

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
KALTURA INC [ KLTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/20/2026		S(1)		131,873	D	$1.2079(2)	236,809	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 16, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.20 to $1.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	Zvi Maayan, Attorney-in-Fact for Naama Halevi-Davidov	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Kaltura (KLTR) director Naama Halevi-Davidov report in this Form 4?

Naama Halevi-Davidov reported selling 131,873 shares of Kaltura common stock. The open-market transaction occurred at a weighted average price of $1.2079 per share, with individual trade prices ranging from $1.20 to $1.23, and she continues to hold 236,809 shares.

At what price did Naama Halevi-Davidov sell Kaltura (KLTR) shares?

She sold the shares at a weighted average price of $1.2079 per share. According to the filing, individual trades were executed between $1.20 and $1.23, and the company notes it can provide full detail of shares sold at each separate price upon request.

How many Kaltura (KLTR) shares does Naama Halevi-Davidov still own after this sale?

After the reported sale, Naama Halevi-Davidov directly owns 236,809 shares of Kaltura common stock. This indicates the 131,873 shares sold on March 20, 2026, represent a partial reduction of her holdings rather than a complete divestment of her position.

Was the Kaltura (KLTR) director’s share sale under a Rule 10b5-1 plan?

Yes. The filing states the sales were effectuated under a Rule 10b5-1 trading plan. That plan was adopted by Naama Halevi-Davidov on December 16, 2025, meaning the transactions were pre-arranged rather than decided at the time of execution in March 2026.

When did the reported Kaltura (KLTR) stock sale by Naama Halevi-Davidov occur?

The transaction took place on March 20, 2026. On that date, she sold 131,873 shares of Kaltura common stock in multiple trades, at prices ranging from $1.20 to $1.23, resulting in a weighted average sale price of $1.2079 per share.

How many Kaltura (KLTR) shares did Naama Halevi-Davidov sell in this Form 4 filing?

She sold 131,873 shares of Kaltura common stock. The sale was classified as an open-market transaction, coded as “S” in the filing, and left her with 236,809 shares directly owned after completion of the transaction reported on March 20, 2026.