Yarel - Toledano Adi 4

What Happened
Adi Yarel-Toledano, a director of Valens Semiconductor Ltd. (VLN), sold a total of 38,358 shares on April 30, 2026 in two transactions. The filing reports 19,179 shares disposed at a weighted average price of $2.06 (proceeds $39,530) and 19,179 shares disposed at a weighted average price of $2.50 (proceeds $47,971), for combined proceeds of $87,501. Both transactions are reported as sales (S) and were effected as open-market or private sales.

Key Details

• Transaction date: April 30, 2026
• Prices/amounts reported: 19,179 shares @ $2.06 (proceeds $39,530); 19,179 shares @ $2.50 (proceeds $47,971); total ≈ $87,501
• Method: Open market or private sale (reported as S)
• Footnotes: (F1) Sales were made under a Rule 10b5-1 trading plan adopted Dec 1, 2025. (F2) Reported prices are weighted averages; the filer will provide detailed share/price breakdown on request.
• Shares owned after transaction: Not disclosed in the provided filing data.
• Timeliness: Filing marked as late (L) — may indicate the Form 4 was not filed within the usual two-business-day window after the transaction.

Context
A Rule 10b5-1 plan lets insiders execute pre-arranged trades at scheduled times or according to preset conditions; sales under such plans are typically pre-authorized and do not necessarily reflect current sentiment. For retail investors, purchases tend to be more informative about insider conviction; routine sales (especially under 10b5-1 plans) are common for liquidity or diversification needs.