Kaltura (KLTR) director awarded 133,333 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kaltura Inc. director Manor Eyal received a new equity award in the form of restricted stock units (RSUs). The Form 4 reports a grant of 133,333 shares of common stock at a stated price of $0.0000 per share, classified as a grant or award acquisition.
Following this grant, Eyal directly holds 473,967 shares of Kaltura common stock as reported in the filing. According to the RSU terms, the units vest on the earlier of the day immediately before the first Annual Meeting following the grant date or the first anniversary of the grant, provided he continues serving on the Board through the applicable vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Manor Eyal
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 133,333 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 473,967 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 133,333 shares
Grant price per share: $0.0000 per share
Shares held after grant: 473,967 shares
+2 more
5 metrics
RSU grant size
133,333 shares
Restricted stock units representing Kaltura common stock
Grant price per share
$0.0000 per share
Reported transaction price for RSU award
Shares held after grant
473,967 shares
Direct Kaltura common stock holdings after transaction
Vesting trigger 1
Earlier of day before first Annual Meeting
One of the RSU vesting conditions
Vesting trigger 2
First anniversary of grant date
Alternative RSU vesting condition
Key Terms
restricted stock units ("RSUs"), Non-Employee Director, Annual Meeting, contingent right
4 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Director financial
"subject to the Non-Employee Director continuing in service on the Board through the applicable vesting date."
Annual Meeting financial
"on the earlier of (i) the day immediately preceding the date of the first Annual Meeting following the date of grant..."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
contingent right financial
"which each represent a contingent right to receive one share of common stock of Kaltura, Inc."
FAQ
What did Kaltura (KLTR) director Manor Eyal report in this Form 4?
Manor Eyal reported receiving a grant of 133,333 restricted stock units tied to Kaltura common stock. The award is a compensation-related equity grant, not an open-market purchase, and increases his directly held shares reported to 473,967 after the transaction.
At what price were the Kaltura (KLTR) RSUs granted to Manor Eyal?
The RSUs were reported with a transaction price of $0.0000 per share, reflecting that this is a compensation grant rather than a market purchase. RSUs typically have no purchase price, as they are awarded as part of director or executive compensation programs.
When do the new Kaltura (KLTR) RSUs granted to Manor Eyal vest?
The RSUs vest on the earlier of two dates: the day immediately before the first Annual Meeting following the grant date, or the first anniversary of the grant. Vesting is conditioned on his continued service on Kaltura’s Board as a Non-Employee Director.