Harari Eyal David 4
Research Summary
AI-generated summary
Allot (ALLT) CEO Harari Eyal David Receives RSU Award
What Happened
- Harari Eyal David, CEO of Allot Ltd. (ALLT), received an award of 72,259 restricted share units (RSUs) on May 12, 2026. The grant is recorded at $0.00 per unit (total $0 on the Form 4). Each RSU is a contingent right to receive one ordinary share of Allot upon settlement.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (reporting period 2026-05-12).
- Grant size: 72,259 RSUs; grant price reported as $0.00 per RSU.
- Vesting schedule (per footnote): 18,064 RSUs vest on Aug 6, 2029; 18,065 on Nov 6, 2029; 18,065 on Feb 6, 2030; and 18,065 on May 6, 2030 — vesting subject to continued service.
- Each RSU converts to one ordinary share upon settlement.
- Shares owned after the transaction: not specified in the filing.
- No indication this was an open‑market purchase or sale — this is an equity award (A = Award/Grant), not a sale or exercise.
Context
- RSU grants are typical executive compensation; they do not involve an immediate cash purchase or sale and only convert to shares if and when they vest and are settled.
- This filing reports the grant itself and does not imply any immediate change in the CEO’s shareholdings until vesting/settlement occurs.