Radware (RDWR) director Stanley Stern awarded 60,000 stock options at $29.53

Rhea-AI Filing Summary

Radware Ltd. director Stanley Stern received a grant of stock options reported as a Form 4 transaction. On May 25, 2026, he was awarded 60,000 stock options, each exercisable for one ordinary share at an exercise price of $29.53. The options vest in three equal annual installments on the first, second and third anniversaries of the grant date and expire on July 25, 2031. Following this award, Stern holds 60,000 stock options directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider STERN STANLEY

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock options	60,000	$0.00	--

Holdings After Transaction: Stock options — 60,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock options granted: 60,000 options Exercise price: $29.53 per share Options after transaction: 60,000 options +2 more

5 metrics

Stock options granted 60,000 options Grant to director Stanley Stern on May 25, 2026

Exercise price $29.53 per share Conversion or exercise price for the granted options

Options after transaction 60,000 options Total options held following the grant

Expiration date July 25, 2031 Option term for the 60,000 granted options

Vesting schedule 3 equal annual installments First, second and third anniversaries of grant date

Key Terms

Stock options, Ordinary shares, Grant, award, or other acquisition, Exercise price, +1 more

5 terms

Stock options financial

"These stock options vest in equal installments on the first, second and third anniversaries"

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

Ordinary shares financial

"underlying security title: Ordinary shares with 60,000 underlying shares"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

Exercise price financial

"conversion or exercise price reported as 29.5300 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

Vests in equal installments financial

"These stock options vest in equal installments on the first, second and third anniversaries"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STERN STANLEY

(Last) (First) (Middle)

22 RAOUL WALLENBERG STREET

(Street)

TEL AVIV 69710

(City) (State) (Zip)

ISRAEL

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/25/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock options	$29.53	05/25/2026		A		60,000		(1)	07/25/2031	Ordinary shares	60,000	$0	60,000	D

Explanation of Responses:

1. These stock options vest in equal installments on the first, second and third anniversaries of the grant date.

	/s/ Gadi Meroz, as Attorney-in-Fact	05/27/2026
	** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did RADWARE LTD (RDWR) report for Stanley Stern?

RADWARE LTD reported that director Stanley Stern received 60,000 stock options. The options were granted as compensation, not bought on the market, and give him the right to acquire ordinary shares at a fixed exercise price.

How many stock options did RDWR director Stanley Stern receive in this Form 4?

Stanley Stern received 60,000 stock options. Each option is linked to one ordinary share, giving him potential future ownership of 60,000 shares if he chooses to exercise the options at the stated price.

What is the exercise price and term of Stanley Stern’s new RDWR stock options?

The new stock options for Stanley Stern have an exercise price of $29.53 per share and expire on July 25, 2031. This means he can buy shares at $29.53 any time before that expiration date if the options are vested.

How do the 60,000 RDWR stock options granted to Stanley Stern vest?

The 60,000 stock options vest in three equal annual installments. They vest on the first, second, and third anniversaries of the May 25, 2026 grant date, so Stern earns 20,000 additional vested options on each anniversary, assuming he remains eligible.

Is the Form 4 transaction for RDWR a market purchase or a compensation grant?

The Form 4 transaction is a compensation grant, not a market purchase. It is coded as a grant, award, or other acquisition, reflecting stock options awarded to director Stanley Stern with no cash paid per option at the grant date.