Malka Gabriel has filed a Form 144 to sell 16,461 ordinary shares of Radware Ltd, valued at approximately $569,221. This move is significant as it reflects ongoing liquidity strategies within the business services sector.
Radware Ltd is a company listed under the Central Index Key 0001094366, primarily operating in the business services industry. The company is based in Tel Aviv, Israel, with a business address at 22 Raoul Wallenberg Street.
The filing indicates that the shares were acquired through the vesting of restricted stock units (RSUs). Specifically, Gabriel received 6,222 shares on October 31, 2025, and an additional 13,350 shares on October 30, 2026. The sale is reported to have taken place on November 2, 2026.
This transaction may affect various stakeholders, including investors and market analysts who monitor liquidity events in the business services sector. The filing does not specify any further actions or upcoming filings related to this transaction.
In addition to the sale of 16,461 ordinary shares, the filing reveals that Malka Gabriel, who is an officer of Radware Ltd, sold 6,500 shares on August 27, 2026, generating gross proceeds of $195,000. This indicates a pattern of liquidity management by Gabriel within a short time frame.
The ordinary shares sold represent a small fraction of the total outstanding shares of Radware Ltd, which amounts to approximately 43,145,971 shares. This context may provide insights into the overall market dynamics and investor sentiment surrounding the company.
Furthermore, the transaction was facilitated through Oppenheimer & Co. Inc., a brokerage firm based in New York, which underscores the involvement of established financial institutions in the trading process.
The filing does not include information on the intended use of proceeds from the sale or any potential implications for Gabriel's future holdings in Radware Ltd.
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