RDWR Form 144: Upcoming 1,824-Share Insider Sale Valued at $52K
Rhea-AI Filing Summary
Form 144 filed for Radware Ltd. (RDWR) discloses a proposed sale of 1,824 ordinary shares through broker Oppenheimer & Co. on or about 28 Jul 2025. At the most recent market price used in the filing, the block is valued at $52,002.
The seller—identified in related tables as Naama Zeldis—acquired the shares on 28 Jul 2022 via an Employee Stock Option Plan and will pay cash upon exercise. The filing also lists prior insider sales over the last three months totaling 10,626 shares for $310,443 in gross proceeds.
With 42.55 million shares outstanding, the upcoming sale represents roughly 0.004% of float, implying minimal market impact. Form 144 is a notice only; actual sales may differ from the proposed amount.
Positive
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Negative
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Insights
TL;DR: Small Form 144; <0.01% float—largely immaterial to RDWR valuation.
The filing flags an insider’s intent to sell 1,824 shares (~$52k). Even when combined with 10,626 shares sold in prior 90 days, total volume is less than 0.03 days of average trading volume, posing negligible supply pressure. No new fundamental data on Radware’s operations, margins, or outlook is provided. Investors typically treat such routine option-exercise sales as liquidity events rather than directional signals. Impact: neutral.