RDWR (Nasdaq: RDWR) insider plans 13,750-share Rule 144 sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Yoav Gazelle has filed a notice to sell 13,750 ordinary shares of RDWR under Rule 144. The planned sale, through Oppenheimer & Co. Inc. on Nasdaq, has an aggregate market value of 362,862.50, based on the figures in the notice.
The shares come from exercises of employee stock options originally acquired on 02/08/2022 and 10/31/2023, with cash payment upon exercise on 02/13/2026. The notice also reports that Gazelle sold 2,750 ordinary shares on 02/11/2026 for gross proceeds of 78,347.50, and that 42,554,602 shares were outstanding.
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FAQ
What does the RDWR Form 144 filing by Yoav Gazelle disclose?
The filing discloses that Yoav Gazelle intends to sell 13,750 RDWR ordinary shares under Rule 144. The sale will be executed through Oppenheimer & Co. Inc. on Nasdaq, based on shares obtained via the company’s employee stock option plan and exercised for cash.
Which broker and exchange are involved in Yoav Gazelle’s planned RDWR sale?
The planned Rule 144 sale will use Oppenheimer & Co. Inc. as broker. The filing lists Oppenheimer’s New York address and names Nasdaq as the securities exchange where the 13,750 RDWR ordinary shares are expected to be sold, subject to market conditions and Rule 144 requirements.