Dracon Gregory C. 4

What Happened

• Gregory C. Dracon, a director of Kaltura, Inc. (KLTR), received a grant of 170,594 restricted stock units (RSUs) on 2026-06-24. The Form 4 lists the transaction as an award/grant (code A); no purchase price or cash value is reported because these RSUs convert to shares upon vesting.

Key Details

• Transaction date: 2026-06-24; filing date (Form 4): 2026-06-26.
• Security and amount: 170,594 RSUs (each RSU represents a contingent right to one share upon vesting). Price: N/A.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: RSUs vest on the earlier of (i) the day before the first Annual Meeting after grant or (ii) the first anniversary of grant, subject to Dracon remaining a Non-Employee Director through the applicable vesting date.
• Timeliness: Form 4 was filed two days after the grant date (appears timely under normal insider-reporting rules).

Context

• RSUs are a form of equity compensation for directors and do not represent an immediate open-market purchase or sale; they convert to common stock only when vested. Such awards are typically part of routine director compensation rather than a direct market sentiment signal. Upon vesting, shares may be issued, and tax withholding or other conditions could apply.