Radware Ltd Chief Financial Officer Guy Avidan filed a Form 4 on October 28, 2026, reporting the acquisition of 11,000 restricted stock units in the company's ordinary shares on October 27, 2026.

Key Highlights

  • Reporting person: Guy Avidan, Chief Financial Officer of Radware Ltd (NASDAQ:RDWR)
  • Transaction date: October 27, 2026 - acquisition of 11,000 ordinary share RSUs at a price of $0
  • Vesting schedule: 5,500 RSUs vest on October 27, 2028; 2,750 vest on October 27, 2029; and 2,750 vest on October 27, 2030, subject to continued service
  • Post-transaction ownership: 106,800 ordinary shares beneficially owned directly following the reported transaction
  • RSU structure: Each RSU represents a contingent right to receive one ordinary share of Radware Ltd

Radware CFO RSU Grant Details and Vesting Terms

According to the filing, Guy Avidan, serving as Chief Financial Officer of Radware Ltd (NASDAQ:RDWR), was granted 11,000 restricted stock units on October 27, 2026. The transaction was recorded under transaction code "A" (acquired) at a price of $0, consistent with a grant rather than a market purchase. The filing notes that each RSU represents "a contingent right to receive one share of ordinary stock of RADWARE LTD."

The filing discloses a three-tranche vesting schedule tied to continued service. Per the explanation of responses, 5,500 RSUs will vest on October 27, 2028, with an additional 2,750 vesting on October 27, 2029, and another 2,750 on October 27, 2030, "subject to the Reporting Person's continued service through each vesting date." No derivative securities were reported in Table II of the filing.

Following the reported transaction, Avidan holds 106,800 ordinary shares beneficially owned directly, according to the filing. The Form 4 was signed by Meirav Shemesh on behalf of Oppenheimer Israel, acting as attorney-in-fact, and filed on October 28, 2026. The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan.

What Was Disclosed

Radware Ltd CFO Guy Avidan reported receiving an RSU grant of 11,000 ordinary shares on October 27, 2026, vesting in three tranches through 2030, bringing his direct beneficial ownership to 106,800 ordinary shares.