Form 4: Allot Ltd. Officer Sells Shares
Statement of Changes in Beneficial Ownership
Allot Ltd. reports a transaction where Chief Product Officer Mark Shteiman sold 3,000 ordinary shares.
Summary
- Mark Shteiman, Chief Product Officer of Allot Ltd., executed a transaction on May 18, 2026.
- The transaction involved the sale of 3,000 ordinary shares.
- The sale was conducted at a weighted average price of $7.13 per share.
- Following the transaction, Shteiman beneficially owns 230,000 ordinary shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard insider transaction without additional context that would suggest a significant positive or negative implication for the company's stock.
Negatives
- A company executive sold a portion of their holdings.
Future Outlook
No specific future outlook or guidance is provided in this filing, which is a report of a past transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While an executive selling shares can sometimes be perceived negatively, the context of the sale (e.g., diversification, personal financial needs) is not provided in this filing.
Stakeholder Impact
- Shareholders may note the sale of shares by a key executive, which could be interpreted in various ways depending on broader market sentiment and company performance.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Date of execution for the Power of Attorney for Section 16 Filings. |
| 05/18/2026 | Transaction date for the sale of ordinary shares by Mark Shteiman. |
| 05/19/2026 | Date of signature for the Form 4 filing. |
Keywords
Allot Ltd., ALLT, Form 4, insider trading, stock sale, executive compensation, beneficial ownership
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