Charash Inbar 4
Research Summary
AI-generated summary
Allot Ltd (ALLT) General Counsel Charash Inbar Sells 556 Shares
What Happened Charash Inbar, General Counsel of Allot Ltd (ALLT), reported a sale of 556 shares on May 1, 2026. The shares were disposed at $7.40 each for a total proceeds of $4,114. The filing identifies the sale as associated with tax obligations arising when RSUs vested, rather than an opportunistic open‑market trade for investment purposes.
Key Details
- Transaction date: 2026-05-01; Price: $7.40 per share; Total proceeds: $4,114.
- Transaction type: Sale (reported as "open market or private sale" in the Form 4).
- Footnote: The shares sold were granted as restricted share units (RSUs) on November 19, 2025; the disposition is to cover tax obligations on vesting.
- Shares owned after the transaction: Not specified in the filing.
- Filing date: 2026-05-04 — the Form 4 was filed promptly (timely) following the transaction.
Context Sales to cover tax withholding when RSUs vest are common and generally routine; they do not necessarily signal a change in the insider’s view of the company. For retail investors, purchases by insiders tend to be more informative about confidence than routine tax‑related sales.