Research Summary
AI-generated summary of this SEC filing
Allot (ALLT) CHRO Gili Groner Sells 26,666 Shares
What Happened
- Gili Groner, Chief Human Resources Officer of Allot Ltd. (ALLT), sold 26,666 shares on August 18, 2026 in an open-market transaction. The weighted-average sale price was $7.86 per share, for total proceeds of approximately $209,547. The shares were sold in multiple trades at prices ranging from $7.68 to $7.975. This was a sale (not a purchase) and therefore not a direct bullish signal.
Key Details
- Transaction date: August 18, 2026 (filed August 19, 2026)
- Price: weighted average $7.86; individual trade prices ranged $7.68–$7.975
- Shares sold: 26,666; proceeds ≈ $209,547
- Shares owned after transaction: Not disclosed in the provided filing summary
- Footnotes: Sale was made pursuant to a Rule 10b5-1 trading plan adopted May 14, 2026. The filer notes the reported price is a weighted average and can provide per-trade prices on request.
- Filing timeliness: Reported the day after the trade (filed 2026-08-19 for trades on 2026-08-18), not indicated as late.
Context
- A Rule 10b5-1 plan indicates the trades were preplanned and automated, which is common for insiders looking to diversify or meet liquidity needs; such sales are often routine and do not necessarily reflect a change in view about the company. For retail investors, purchases typically carry more informational weight than routine sales.