Research Summary
AI-generated summary of this SEC filing
Allot (ALLT) SVP Boaz Grossman Sells 6,000 Shares
What Happened
Boaz Grossman, Senior Vice President of R&D at Allot Ltd. (ALLT), sold 6,000 shares on August 21, 2026. The transaction was reported at $7.45 per share, generating gross proceeds of $44,700. This was a sale (code S), which is often a routine disposition and does not by itself indicate a change in the insider’s view of the company.
Key Details
- Transaction date: 2026-08-21
- Price per share: $7.45
- Shares sold: 6,000 — total proceeds $44,700
- Transaction type: Sale (reported as open-market/private sale)
- Form 4 filed: 2026-08-24 — appears timely (filed within required business-day window)
- Shares owned after transaction: Not specified in the supplied details; check the full Form 4 for post-transaction holdings and beneficial ownership percentage
- Notable footnotes: None provided in the supplied summary (e.g., no 10b5-1 plan or tax-withholding note reported)
Context
Sales by executives can reflect many reasons (diversification, liquidity, tax obligations, planned trading programs) and are not necessarily an indicator of company performance. For a complete picture, retail investors should review the full Form 4 filing for post-transaction holdings and any footnotes, and consider insider activity alongside company fundamentals and other disclosures.