Allot Ltd.·4

May 21, 11:10 AM ET

Grossman Boaz 4

Research Summary

AI-generated summary

Updated

Allot (ALLT) SVP R&D Boaz Grossman Sells 5,000 Shares

What Happened Boaz Grossman, Senior Vice President of R&D at Allot Ltd. (ALLT), sold 5,000 shares on May 20, 2026. The shares were disposed at $7.37 per share for a total transaction value of $36,850. This was a sale (transaction code S) reported as an "open market or private sale" on the Form 4. Sales are often routine liquidity events and do not necessarily indicate a change in company outlook.

Key Details

  • Transaction date: May 20, 2026; reported on Form 4 filed May 21, 2026.
  • Price and amount: 5,000 shares at $7.37 each; total proceeds $36,850.
  • Transaction type: Reported as "open market or private sale" (code S).
  • Shares owned after transaction: Not specified in the provided excerpt — consult the full Form 4 for post-transaction holdings.
  • Filing timeliness: Filed the next day (May 21); appears timely under normal Form 4 reporting rules.
  • No footnotes, 10b5-1 plan indication, or tax-withholding details were provided in the summary information.

Context This is a straightforward insider sale of modest size (~$37k). For retail investors, purchases or option exercises by insiders typically carry more informational weight than routine sales. If you want a complete picture, review the full Form 4 for Grossman's remaining holdings and any footnotes or plans that might explain the sale.