Radware (RDWR) growth chief reports 45,000 RSUs in Form 3 filing

Rhea-AI Filing Summary

Radware Ltd filed an initial insider ownership report for Chief Growth Officer Constance Ann Stack. The filing shows beneficial ownership of 45,000 Ordinary Shares, all represented by restricted share units granted on May 6, 2025. According to the vesting schedule, 22,500 RSUs vest on May 6, 2027 and 11,250 vest on each of May 6, 2028 and May 6, 2029. Each RSU converts into one Ordinary Share upon settlement, so the reported balance reflects future share delivery tied to continued service and vesting.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Stack Constance Ann

(Last) (First) (Middle)

22 RAOUL WALLENBERG STREET

(Street)

TEL AVIV 69710

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
RADWARE LTD [ RDWR ]

3a. Foreign Trading Symbol
[RDWR]

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary shares	45,000(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Consists of 45,000 Ordinary Shares that are represented by restricted share units ("RSUs") that were granted on May 6, 2025, of which 22,500 vest on May 6, 2027 and 11,250 vest on each of May 6, 2028 and May 6, 2029. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Gadi Meroz, as Attorney-in-Fact	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Radware (RDWR) disclose in Constance Ann Stack’s Form 3?

The Form 3 discloses Chief Growth Officer Constance Ann Stack’s initial beneficial ownership at Radware. It reports 45,000 Ordinary Shares represented entirely by restricted share units granted on May 6, 2025, with future vesting over several years, rather than any recent share purchase or sale.

How many Radware (RDWR) shares does Constance Ann Stack beneficially own?

Constance Ann Stack beneficially owns the equivalent of 45,000 Radware Ordinary Shares. These are represented by restricted share units that each convert into one share upon settlement, reflecting a compensation-based equity position rather than open-market share transactions at this time.

What is the vesting schedule for Constance Ann Stack’s Radware RSUs?

The RSUs vest in stages: 22,500 units vest on May 6, 2027, and 11,250 units vest on each of May 6, 2028 and May 6, 2029. Each vested unit entitles Stack to receive one Ordinary Share of Radware upon settlement, aligning equity awards with multi-year service.

Are Constance Ann Stack’s reported Radware holdings direct or indirect?

The Form 3 classifies Constance Ann Stack’s 45,000 RSU-based holdings as direct beneficial ownership. This means the reported equity awards are attributed to her personally, rather than through a trust, partnership, or other indirect ownership vehicle associated with the insider.

Does the Radware Form 3 show any insider buying or selling by Constance Ann Stack?

The Form 3 does not show insider buying or selling activity. Instead, it records an initial statement of beneficial ownership consisting of 45,000 restricted share units granted as compensation, which will convert into Ordinary Shares only as they vest and are settled over time.