STERN STANLEY 4

What Happened
Stanley Stern, a director of Radware Ltd (RDWR), received a grant of derivative securities covering 60,000 shares on 2026-05-25. The Form 4 reports the acquisition price as $0.00 (no cash paid at grant). The filing identifies these as stock options (derivative award) rather than an outright stock purchase.

Key Details

• Transaction date: 2026-05-25 (Form 4 filed 2026-05-27 — appears timely).
• Transaction type/code: Grant/Award (A) of derivative securities (stock options).
• Shares/units: 60,000 underlying shares reported. Reported acquisition value: $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Options vest in equal installments on the first, second and third anniversaries of the grant date.
• No 10b5-1 plan, tax withholding, cashless exercise, or sale was reported in this filing.

Context
This was an option grant (a form of compensation), not an open-market purchase or sale. Such grants align executives/directors with long-term performance but do not itself represent immediate buying or selling of company stock. Vesting over three years means the options become exercisable in portions over time; exercise price and future actions (exercise or sale) would determine any eventual cash flow or share changes.