Kaltura (NASDAQ: KLTR) officer sells 12,073 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kaltura officer Azaria Eynav sold 12,073 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $1.4842, across trades between $1.45 and $1.51. After the sale, Eynav directly holds 2,183,745 shares. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 15, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,073 shares ($17,919)
Net Sell
1 txn
Insider
Azaria Eynav
Role
See Remarks
Sold
12,073 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,073 | $1.4842 | $18K |
Holdings After Transaction:
Common Stock — 2,183,745 shares (Direct, null)
Footnotes (1)
- The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.45 to $1.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 12,073 shares
Average sale price: $1.4842 per share
Post-transaction holdings: 2,183,745 shares
+1 more
4 metrics
Shares sold
12,073 shares
Open-market sale on reported trade date
Average sale price
$1.4842 per share
Weighted average price for the reported sale
Post-transaction holdings
2,183,745 shares
Shares directly held after the sale
Sale price range
$1.45–$1.51 per share
Range of individual trade prices within the transaction
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
Was the Kaltura (KLTR) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by Azaria Eynav on December 15, 2025. Such plans pre-schedule trades and can indicate routine portfolio management rather than discretionary timing.
What transaction code was used for the Kaltura (KLTR) insider trade?
The transaction used code "S," indicating a sale of non-derivative securities. The filing characterizes it as an open-market or private transaction involving Kaltura common stock, with 12,073 shares sold on the reported trade date.