Rotshten Claire 4

What Happened

• Claire Rotshten, EVP of Finance at Kaltura, was granted 105,263 restricted stock units (RSUs) on 2026-01-19 and made an open-market purchase of 10,000 common shares on 2026-03-23 at $1.29 per share (total purchase ~$12,900). The RSUs are an award (grant) and the 10,000-share transaction was a straightforward buy.

Key Details

• Transaction dates and prices:
  • RSU grant: 2026-01-19 — 105,263 RSUs (grant price N/A; each RSU converts to one share upon vesting).
  • Open-market purchase: 2026-03-23 — 10,000 shares @ $1.29/share = $12,900.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: RSUs vest in quarterly installments over four years, with the first vesting on April 1, 2026, subject to continued service.
• Filing date/timeliness: Form 4 was filed on 2026-03-25. The RSU grant dated 2026-01-19 was reported on the March filing (more than two months after the grant), so that grant appears to have been reported well after the typical two-business-day Form 4 window.

Context

• The RSU award is a standard long-term compensation vehicle (a contingent right to receive shares as they vest); it does not represent an immediate transfer of stock to the insider.
• The 10,000-share open-market purchase is a direct insider buy (a concrete purchase signal); the amount is modest (~$12.9k). No indication of tax withholding, 10b5-1 plan, or immediate sale of newly vested shares was provided in the filing.