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Radware director Yair Tauman sells 1,919 shares

The net exercise resulted in 1,919 ordinary shares after shares were withheld for the exercise price; all issued shares were sold that day.

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Form Type
4

Rhea-AI Filing Summary

Radware Ltd (RDWR) director Yair Tauman exercised 5,000 stock options on a net basis on October 30, 2026, at an exercise price of $22.58 per share. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 1,919 ordinary shares; all 1,919 were sold that day at $36.05 per share. Afterward, the reported positions were 15,000 ordinary shares and 55,000 stock options. No Rule 10b5-1 plan is reported.

Insider Tauman Yair
Role Director
Sold 1,919 shs ($69K)
Approx. gross sale proceeds $69K
Approx. exercise cost $113K
Share of Position Sold 11.3%
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) F1 5,000 $0.00 $0.00
Sale Ordinary Shares F2 1,919 $36.05 $69K
Holdings After Transaction: Stock Option (Right to Buy) — 55,000 contracts (Direct); Ordinary Shares — 15,000 shares (Direct)
Holdings Before and After: Stock Option (Right to Buy), 60,000 to 55,000 contracts (Direct); Ordinary Shares, 16,919 to 15,000 shares (Direct)
Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (2)
  1. F1. The reporting person exercised 5,000 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 1,919 shares. All shares received upon exercise were sold on the same day, as reported in Table I.
  2. F2. The reporting person exercised stock options on a net basis. Shares were withheld to cover the exercise price, resulting in the issuance of 1,919 shares, all of which were sold on the same day.
Stock options exercised 5,000 options October 30, 2026
Exercise price $22.58 per share Options exercised October 30, 2026
Ordinary shares issued 1,919 shares Result of the net exercise on October 30, 2026
Ordinary shares sold 1,919 shares October 30, 2026
Sale price $36.05 per share Sale on October 30, 2026
Ordinary shares after sale 15,000 shares Reported position following the October 30, 2026 sale
Stock options after exercise 55,000 options Reported position following the October 30, 2026 exercise
net basis financial
"exercised 5,000 stock options on a net basis"
aggregate exercise price financial
"withheld to cover the aggregate exercise price"
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RDWR stock options did Yair Tauman exercise?

Yair Tauman exercised 5,000 stock options on a net basis on October 30, 2026, at an exercise price of $22.58 per share. Shares were withheld to cover the aggregate exercise price, resulting in 1,919 ordinary shares issued.

What happened to the shares Yair Tauman received from the RDWR option exercise?

The net exercise resulted in 1,919 ordinary shares, and Yair Tauman sold all 1,919 on October 30, 2026, at $36.05 per share. His reported ordinary-share position afterward was 15,000.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Tauman Yair

(Last)(First)(Middle)
17 ARLOZOROV ST.

(Street)
TEL AVIV

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares10/30/2026S1,919(2)D$36.0515,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$22.5810/30/2026M(1)5,00010/10/202512/10/2029Ordinary Shares5,000$055,000D
Explanation of Responses:
1. The reporting person exercised 5,000 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 1,919 shares. All shares received upon exercise were sold on the same day, as reported in Table I.
2. The reporting person exercised stock options on a net basis. Shares were withheld to cover the exercise price, resulting in the issuance of 1,919 shares, all of which were sold on the same day.
/s/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact11/02/2026
** Signature of Reporting PersonDate
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)

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