Kaltura director awarded 133,333 RSUs

David Shay reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

David Shay reported acquisition or exercise transactions in this Form 4 filing.

Kaltura Inc. director David Shay received an equity grant in the form of restricted stock units. The award covers 133,333 shares of common stock at a stated price of $0.00 per share, increasing his direct holdings to 1,579,926 shares after the transaction.

Each RSU represents a contingent right to receive one Kaltura common share. The RSUs will vest on the earlier of the day immediately before the first Annual Meeting following the grant date or the first anniversary of the grant date, as long as Shay continues serving as a Non-Employee Director through that vesting date.

Insider Trade Summary

Grant/Award: 133,333 shares

Grant/Award 1 txn

Insider David Shay

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	133,333	$0.00	$0.00

Holdings After Transaction: Common Stock — 1,579,926 shares (Direct)

Footnotes (1)

1. F1. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of common stock of Kaltura, Inc. (the "Company"). The RSUs will vest on the earlier of (i) the day immediately preceding the date of the first Annual Meeting following the date of grant and (ii) the first anniversary of the date of grant, subject to the Non-Employee Director continuing in service on the Board through the applicable vesting date.

Key Figures

RSUs granted: 133,333 shares Grant price: $0.00 per share Holdings after grant: 1,579,926 shares +1 more

4 metrics

RSUs granted 133,333 shares Restricted stock units representing Kaltura common stock

Grant price $0.00 per share Stated price for the RSU equity award

Holdings after grant 1,579,926 shares Total Kaltura common shares directly held by David Shay after transaction

Vesting trigger Earlier of first Annual Meeting or 1-year anniversary RSUs vest based on board schedule and time from grant

Key Terms

restricted stock units ("RSUs"), Annual Meeting, Non-Employee Director, 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.

Annual Meeting financial

"The RSUs will vest 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.

Non-Employee Director financial

"subject to the Non-Employee Director continuing in service on the Board through the applicable vesting date"

contingent right financial

"which each represent a contingent right to receive one share of common stock of Kaltura, Inc."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Kaltura (KLTR) director David Shay report in this Form 4?

David Shay reported receiving a grant of restricted stock units representing 133,333 Kaltura common shares. This compensation-related award increased his direct holdings to 1,579,926 shares following the transaction, according to the Form 4 filing.

How many Kaltura (KLTR) shares are covered by David Shay’s new RSU grant?

The RSU grant covers 133,333 shares of Kaltura common stock. Each restricted stock unit represents a contingent right to receive one share, subject to vesting conditions tied to the annual meeting or first anniversary of the grant.

When do David Shay’s Kaltura (KLTR) RSUs vest?

The RSUs vest on the earlier of the day immediately preceding the first Annual Meeting after the grant date or the first anniversary of the grant. Vesting requires that Shay continue serving as a Non-Employee Director on Kaltura’s board through the applicable vesting date.

Is David Shay’s Kaltura (KLTR) RSU award an open-market purchase or compensation grant?

The award is a compensation-related grant of restricted stock units, not an open-market share purchase. The RSUs were granted at a stated price of $0.00 per share and vest based on continued board service, according to the Form 4 footnote.

What are David Shay’s Kaltura (KLTR) holdings after this RSU grant?

Following the RSU grant, David Shay directly holds 1,579,926 Kaltura common shares. This total includes the newly awarded 133,333 restricted stock units reported in the Form 4, which are subject to future vesting based on continued board service.

What service condition applies to David Shay’s Kaltura (KLTR) RSU vesting?

Vesting requires that Shay continue in service as a Non-Employee Director on Kaltura’s board through the vesting date. The vesting date is the earlier of the day before the next Annual Meeting after grant or the first anniversary of the grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/26/2026 - 02:27 PM EDT Learn about SEC filing dates

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).

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^*

David Shay

(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)
06/24/2026

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	06/24/2026		A		133,333	A	(1)	1,579,926	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 Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of common stock of Kaltura, Inc. (the "Company"). The RSUs will vest on the earlier of (i) the day immediately preceding the date of the first Annual Meeting following the date of grant and (ii) the first anniversary of the date of grant, subject to the Non-Employee Director continuing in service on the Board through the applicable vesting date.

Remarks:

	Zvi Maayan, Attorney-in-Fact for Shay David	06/26/2026
	** 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)