Radware (RDWR) COO Malka reports 64,533-share stake with long RSU vesting

Rhea-AI Filing Summary

Radware Ltd Chief Operating Officer Gabriel Malka reported her initial ownership of 64,533 Ordinary Shares of the company in a Form 3 filing. These holdings are reported as directly owned.

The position includes multiple grants of restricted share units (RSUs) that convert into Ordinary Shares as they vest over time. The RSUs cover 500 shares granted on May 2, 2022 that vest on May 2, 2026; 6,500 shares granted on August 17, 2022 that vest on August 17, 2026; and 6,222 shares granted on October 31, 2023, with 3,111 vesting on each of October 31, 2026 and October 31, 2027. Additional RSUs include 26,700 shares granted on October 30, 2024 with tranches vesting from October 30, 2026 through October 30, 2028; 12,000 shares granted on October 28, 2025 vesting between October 28, 2027 and October 28, 2029; and 3,000 shares granted on February 10, 2026 vesting between February 10, 2028 and February 10, 2030.

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^*

Malka Gabriel

(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 Operating 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	64,533(1)(2)(3)(4)(5)(6)	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. Includes 500 Ordinary Shares that are represented by restricted share units ("RSUs") that were granted on May 2, 2022 and vest on May 2, 2026. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement.

2. Includes 6,500 Ordinary Shares that are represented by RSUs that were granted on August 17, 2022 and vest on August 17, 2026.

3. Includes 6,222 Ordinary Shares that are represented by RSUs that were granted on October 31, 2023, of which 3,111 vest on each of October 31, 2026 and October 31, 2027.

4. Includes 26,700 Ordinary Shares that are represented by RSUs that were granted on October 30, 2024, of which 13,350 vest on October 30, 2026 and 6,675 vest on each of October 30, 2027 and October 30, 2028.

5. Includes 12,000 Ordinary Shares that are represented by RSUs that were granted on October 28, 2025, of which 6,000 vest on October 28, 2027 and 3,000 vest on each of October 28, 2028 and October 28, 2029.

6. Includes 3,000 Ordinary Shares that are represented by RSUs that were granted on February 10, 2026, of which 1,500 vest on February 10, 2028 and 750 vest on each of February 10, 2029 and February 10, 2030.

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 the Form 3 filing for Radware (RDWR) report about Gabriel Malka?

The Form 3 shows Chief Operating Officer Gabriel Malka directly owning 64,533 Radware Ordinary Shares. This includes time-based restricted share units that will convert into shares as they vest on scheduled dates through 2030.

How many Radware (RDWR) shares does Gabriel Malka hold through RSUs?

Gabriel Malka’s reported holdings include RSUs over 54,922 Ordinary Shares: 500, 6,500, 6,222, 26,700, 12,000 and 3,000-share grants. Each grant vests in specified tranches between May 2026 and February 2030.

When do Gabriel Malka’s major Radware (RDWR) RSU grants vest?

Key RSU vesting dates include May 2, 2026, August 17, 2026, October 31, 2026, October 31, 2027, and annual tranches on October 30 and October 28 from 2026 through 2029, plus February 10 tranches through 2030.

Is Gabriel Malka’s ownership in Radware (RDWR) direct or indirect?

The Form 3 reports Gabriel Malka’s 64,533 Ordinary Shares as directly owned. The position includes both already-issued shares and RSUs that represent contingent rights to receive additional Ordinary Shares upon vesting and settlement.

What are RSUs in the context of Radware (RDWR) executive compensation?

For Radware, the filing explains RSUs as rights where each RSU represents one Ordinary Share upon settlement. These units vest on specified future dates, aligning executive compensation with long-term share performance and continued service.