Research Summary
AI-generated summary of this SEC filing
Allot (ALLT) General Counsel Inbar Sells 556 Shares
What Happened
- Charash Inbar, General Counsel of Allot Ltd. (ALLT), sold 556 shares on 2026-08-03 for a total of $4,335. The weighted-average price reported was $7.80 per share (individual trades ranged $7.61–$7.92). The filing reports the sale code S (sale/disposition).
- The filing states the shares sold were tied to RSUs granted on November 19, 2025 and the disposition was associated with tax obligations arising from the vesting of those RSUs — a common, routine practice to satisfy tax withholding.
Key Details
- Transaction date: 2026-08-03; Filing date: 2026-08-04 (filed timely under Form 4 rules).
- Price: weighted average $7.80; reported trade range $7.61–$7.92 (footnote indicates multiple transactions).
- Shares disposed: 556; total proceeds reported: $4,335.
- Shares owned after transaction: not disclosed in this Form 4.
- Notable footnotes: F1 confirms disposals were to meet tax obligations from RSU vesting; F2 notes the price is a weighted average across multiple trades and full breakdown is available on request.
Context
- This sale appears to be a tax-withholding-related disposition of vested RSUs rather than a discretionary sale for investment reasons. Such transactions are common and generally not considered a direct signal about the insider’s view of the company’s prospects.