[144] Radware Ltd. SEC Filing

Rhea-AI Filing Summary

Radware Ltd. (RDWR) has filed a Form 144 indicating the potential sale of 2,355 ordinary shares through broker Oppenheimer & Co. at an aggregate market value of $69,896.40. The proposed sales window opens on 03 July 2025 and the shares will trade on NASDAQ. The notice states that the seller acquired the stock via an Employee Stock Option Plan (605 shares) and two separate Restricted Stock Unit grants (total 5,000 shares) dated 2019-2020. With approximately 42.55 million shares outstanding, the filing represents well under 0.01% of total equity and does not change the public float. No prior sales were reported in the past three months, and the filer attests to possessing no undisclosed material adverse information.

Positive

• Sale volume is immaterial—2,355 shares represent less than 0.01% of Radware’s outstanding shares, limiting market impact.

Negative

• Insider intent to sell can be perceived negatively, even if small, as it signals reduced insider exposure.

Insights

Securities Analyst

TL;DR: Minor insider sale (<0.01% float); immaterial to valuation, but signals routine liquidity.

Form 144s give advance notice of insider intent to sell restricted shares. Here the stake—2,355 shares worth roughly $70k—is negligible relative to Radware’s 42.5 million shares outstanding. The acquisition history (options and RSUs) suggests normal employee compensation rather than strategic divestment. Because no material adverse information is indicated and the volume is de minimis, I view the filing as neutral for investors.

Corporate Governance Expert

TL;DR: Routine Rule 144 disclosure; governance posture unaffected.

The signer certifies compliance with Rule 10b5-1 safeguards and absence of undisclosed negative information. No aggregation issues or pattern of large disposals appear: no other sales in the past three months, and total planned sales remain far below reporting thresholds that might raise governance flags. Therefore, the filing has no significant governance impact.

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
Ordinary	Oppenheimer & Co. Inc. 85 Broad St. New York NY 10004	2355	69896.40	42554602	07/03/2025	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 *
Ordinary	11/02/2020	Employee Stock Option Plan	Issuer			605	07/03/2025	Cash - Upon exercise
Ordinary	11/04/2019	Restricted Stock Units	Issuer			2000	11/04/2019	N/A
Ordinary	02/04/2019	Restricted Stock Units	Issuer			3000	02/04/2019	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

Nothing to Report

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 did Radware Ltd. (RDWR) file?

RDWR filed a Form 144, a notice of proposed insider sale under SEC Rule 144.

How many RDWR shares are being sold?

The filing covers 2,355 ordinary shares.

What is the value of the planned sale?

The aggregate market value is $69,896.40 based on the filer’s calculation.

When may the shares be sold?

The approximate sale date disclosed is 03 July 2025.

How significant is this sale relative to shares outstanding?

With about 42.55 million shares outstanding, the sale equals ~0.006% of total equity.

Which broker will execute the trade?

Oppenheimer & Co. Inc., 85 Broad St., New York, NY 10004, is listed as broker.