[144] Radware Ltd. SEC Filing
Radware Ltd. (RDWR) Form 144 notifies the SEC of a proposed sale of 5,583 ordinary shares through Oppenheimer & Co. with an aggregate market value of $137,788.44, with an approximate sale date of 08/18/2025. The shares were originally acquired as restricted stock units on 08/17/2022 (two grants shown totaling 13,416 units). The filer previously sold 1,197 shares on 06/16/2025 for $32,319.00 and 2,332 shares on 07/28/2025 for $66,788.48. The form includes the required declaration that the seller is not aware of any undisclosed material adverse information about the issuer.
- Regulatory compliance: The filer disclosed the proposed sale under Rule 144, including broker and acquisition details.
- Transparency on prior sales: The filing lists recent insider sales in June and July 2025 with gross proceeds.
- None.
Insights
TL;DR: Routine insider disposal of vested RSUs; modest size relative to public company market caps.
The filing reports a planned Rule 144 sale of 5,583 ordinary shares valued at $137,788.44, executed through a broker. The shares were acquired as restricted stock units in August 2022 and a portion has already been sold in June and July 2025. This disclosure is standard for compliance and provides transparency on insider liquidity activity. There is no earnings or operational data in the filing to indicate business performance impact.
TL;DR: Disclosure aligns with Rule 144 requirements; signer affirms no undisclosed material adverse information.
The notice includes acquisition details, broker information, prior sales in the past three months and the seller's representation regarding material information. From a compliance perspective, the filing meets procedural obligations for an insider sale under Rule 144. It contains no indications of regulatory issues or exceptions; the record shows routine disposition of vested equity.