Radware (RDWR) director Stanley Stern details options and shares in Form 3

Rhea-AI Filing Summary

Radware Ltd. director Stanley Stern has filed an initial Form 3 showing his current ownership in the company. He reports stock options tied to 60,000 Ordinary Shares with an exercise price of $16.19 per share, expiring on December 19, 2028. A footnote explains that 40,000 of these options are already vested and exercisable, while 20,000 are scheduled to vest on October 19, 2026. Stern also holds 5,674 Ordinary Shares directly. This filing records his existing position as a new insider and does not reflect any recent share purchases or sales.

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^*

STERN STANLEY

(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)

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

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	5,674	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
Stock options	(1)	12/19/2028	Ordinary Shares	60,000	$16.19	D

Explanation of Responses:

1. Of these stock options, 40,000 are fully vested and exercisable and 20,000 vest on October 19, 2026.

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.
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* Form 3: SEC 1473 (03-26)

FAQ

What insider holdings does Stanley Stern report in Radware (RDWR) on this Form 3?

Stanley Stern reports an initial beneficial ownership position that includes stock options over 60,000 Ordinary Shares and 5,674 Ordinary Shares held directly. This filing records his baseline stake as a Radware director rather than any new transaction activity.

How many Radware (RDWR) stock options does Stanley Stern hold and at what exercise price?

Stanley Stern holds stock options linked to 60,000 Radware Ordinary Shares with an exercise price of $16.19 per share. These options provide the right to purchase shares at that price before their stated expiration date, subject to the vesting schedule disclosed.

What is the vesting schedule of Stanley Stern’s Radware (RDWR) stock options?

Of the 60,000 stock options, 40,000 are already fully vested and exercisable. The remaining 20,000 options are scheduled to vest on October 19, 2026, meaning they become exercisable for Ordinary Shares after that specific future date.

When do Stanley Stern’s Radware (RDWR) stock options expire?

Stanley Stern’s reported Radware stock options expire on December 19, 2028. After that expiration date, any unexercised options will lapse and no longer allow the purchase of Ordinary Shares at the stated $16.19 exercise price.

How many Radware (RDWR) Ordinary Shares does Stanley Stern directly own?

In addition to his option holdings, Stanley Stern directly owns 5,674 Radware Ordinary Shares. These are common equity shares already issued and outstanding in his name, separate from the 60,000-shares-equivalent stock option position disclosed.

Does this Radware (RDWR) Form 3 show any insider buying or selling by Stanley Stern?

This Form 3 does not show insider buying or selling. It is an initial statement of beneficial ownership that lists Stanley Stern’s existing holdings, including 60,000 option-linked Ordinary Shares and 5,674 Ordinary Shares owned directly, without reporting new transactions.