The sales are below the 0.1% market cap materiality threshold and are not under 10b5-1 plans, but the cluster of two senior officers selling within the same week warrants monitoring for any upcoming corporate disclosures. The next quarterly filing or press release may provide context for the timing.
Price Chart
Executive Summary
Two C-suite insiders at Radware (RDWR) sold a combined $1.09M in open-market shares over a 7-day window, with the Chief People Officer selling $838K and the Chief Technology Officer selling $256K. The sales are not under 10b5-1 plans and represent approximately 0.07% of the company's $1.5B market cap, falling below the 0.1% materiality threshold.
Key Financial Metrics
Key Facts
- Chief People Officer Rivkah Goldriech sold 24,177 shares at $34.66 for $838K on 2026-10-27, not under a 10b5-1 plan
- Chief Technology Officer David Meleh Aviv sold 7,500 shares at $34.12 for $256K on 2026-10-27, not under a 10b5-1 plan
- Total open-market sales in the cluster: $1.09M, representing ~0.07% of market cap
- Two other insiders received non-cash grants (0 value) during the same window: COO Gabriel Malka (11,000 shares) and CFO Guy Avidan (11,000 shares)
- Recent 30-day insider activity shows 7 sells totaling $2.3M prior to this cluster
Financial Impact
Open-market sales of $1.09M by two C-suite insiders, representing ~0.07% of market cap
Risk Factors
- Insider sales below 0.1% of market cap are generally considered routine and not indicative of material non-public information
- No 10b5-1 plan in place for either sale, which could suggest discretionary timing but does not change the small relative size
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-1793280999534 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | 144 | $36.05 | awaiting T+1 | awaiting T+1 | $34.58 (−4.08%) |
Oct 29, 2026 3d ago | Insider Cluster | $36.64 $34.58 | ▼ −5.62% | ▼ −3.85% | $34.58 (−5.62%) |
Oct 29, 2026 3d ago | 144 | $36.64 $34.58 | ▼ −5.62% | ▼ −3.85% | $34.58 (−5.62%) |
Oct 28, 2026 4d ago | 144 | $37.16 $36.64 | ▼ −1.40% | ▼ −1.02% | $34.58 (−6.94%) |
Oct 28, 2026 4d ago | 6-K | No price | awaiting T+1 | awaiting T+1 | No price |
Oct 28, 2026 4d ago | Press Release | $37.16 $36.64 | ▼ −1.40% | ▼ −1.02% | $34.58 (−6.94%) |
Oct 27, 2026 5d ago | 144 | $35.50 $37.16 | ▲ +4.68% | ▲ +4.33% | $34.58 (−2.59%) |
Oct 27, 2026 5d ago | Press Release | $35.50 $37.16 | ▲ +4.68% | ▲ +4.33% | $34.58 (−2.59%) |
Oct 7, 2026 25d ago | 6-K | $30.12 $29.39 | ▼ −2.42% | ▼ −2.00% | $34.58 (+14.81%) |
Jul 30, 2026 13w ago | Press Release | $24.93 $26.19 | ▲ +5.05% | ▲ +4.35% | $34.58 (+38.71%) |
US Market Status
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