The dollar amount is too small to signal a change in fundamentals. Monitor the next 10-Q for any shift in revenue or earnings trajectory, which would be a more reliable indicator than this insider activity.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+1- T+0 · Nov 2 $32.64entry
- T+1 · yesterday +2.94%α +2.64% · $33.60
- T+2 · todayOpen
- T+5 · in 4d Pending
- T+20 · in 26d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Three RDWR insiders, the CTO, Chief People Officer, and a director, sold a combined $490K in open-market sales over a 7-day window, with no 10b5-1 plans. The sales are modest relative to the $1.6B market cap (0.03%), and the CTO sold in multiple tranches, but the dollar value is below the 0.1% threshold for materiality. The cluster is routine and not indicative of material non-public information.
Key Financial Metrics
Key Facts
- Three insiders sold open-market shares totaling $490K over 7 days
- Sales represent 0.03% of RDWR's $1.6B market cap
- CTO Aviv David Meleh sold $272K (largest single trade), Chief People Officer Rivkah Goldriech sold $149K, Director Yair Tauman sold $69K
- All open-market sales were not under 10b5-1 plans
- Non-cash grants (A) to COO and CFO on Oct 27 have no economic signal
Financial Impact
Total insider sales of $490K, or 0.03% of market cap, well below the 0.1% materiality threshold
Risk Factors
- Insider sales are modest and routine; no elevated risk of adverse material events from this cluster alone
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RDWR-1793633316032 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 3, 2026 1d ago | Insider Cluster | $33.60 $33.00 | ▲ +1.79% | ▲ +3.44% | $33.00 (+1.79%) |
Nov 3, 2026 1d ago | 144 | $33.60 $33.00 | ▼ −1.79% | ▼ −3.44% | $33.00 (−1.79%) |
Nov 2, 2026 2d ago | Insider Cluster | $32.64 $33.60 | ▲ +2.94% | ▲ +2.64% | $33.00 (+1.10%) |
Nov 2, 2026 2d ago | 144 | $32.64 $33.60 | ▲ +2.94% | ▲ +2.64% | $33.00 (+1.10%) |
Oct 30, 2026 5d ago | 144 | $34.58 $32.64 | ▼ −5.61% | ▼ −5.13% | $33.00 (−4.57%) |
Oct 29, 2026 6d ago | Insider Cluster | $36.64 $34.58 | ▼ −5.62% | ▼ −3.85% | $33.00 (−9.93%) |
Oct 29, 2026 6d ago | 144 | $36.64 $34.58 | ▼ −5.62% | ▼ −3.85% | $33.00 (−9.93%) |
Oct 28, 2026 7d ago | 144 | $37.16 $36.64 | ▼ −1.40% | ▼ −1.02% | $33.00 (−11.19%) |
Oct 28, 2026 7d ago | 6-K | No price | awaiting T+1 | awaiting T+1 | No price |
Oct 28, 2026 7d ago | Press Release | $37.16 $36.64 | ▼ −1.40% | ▼ −1.02% | $33.00 (−11.19%) |
US Market Status
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