Radware (NASDAQ: RDWR) Chief Operating Officer Gabriel Malka sold 6,500 shares of the cybersecurity company on Aug. 27, 2026, according to a recent SEC Form 4 filing.
The transaction was valued at $195,000, with shares sold at a weighted average price of $30 per share, slightly above the market close of $29.57 on the same day.
Following the sale, Malka retained a direct holding of 47,922 shares, valued at approximately $1.4 million based on the Aug. 27, 2026, closing price.
The 6,500 shares sold represented roughly 12% of the insider’s total equity stake in the company prior to the filing date.
The disposition consisted entirely of directly held ordinary shares, with no indirect holdings or derivative activity reported in the current disclosure.
No indirect ownership through trusts or other entities was disclosed, and no outstanding derivative securities such as stock options or restricted stock units were reported in this filing.
Radware is a $1.2 billion market capitalization infrastructure software company specializing in application-centric cybersecurity and DDoS mitigation solutions, with 1,228 employees based in Tel Aviv.
The company posted trailing twelve-month revenue of $317.8 million and net income of $17.2 million, reflecting its subscription- and license-based business model serving global enterprise customers.
Radware’s product portfolio includes DefensePro for network attack defense, AppWall Web Application Firewall, and complementary security products delivered across cloud-native and on-premises environments.
The stock closed at $28.60 on Aug. 28, 2026, representing a decline from the $30 per share execution price Malka received for his shares the previous day.
Radware shares have climbed 10.6% over the past twelve months, though that performance trails the S&P 500’s return of 18.8% over the same period.
Of the three analysts covering RDWR, the median one-year price target stands at $30.50, which would represent a potential gain of 7.8% from the Sept. 4 closing price of $28.28, according to CNN.
The highest analyst price target for RDWR sits at $34, implying a potential upside of 20.2%, while the most bearish target of $27 would represent a 4.5% loss from recent levels.
Despite the insider sale, Malka’s retained stake of nearly 48,000 shares suggests the COO remains meaningfully aligned with the company’s ongoing performance and long-term direction.
The reported 47,922 shares constitute the entirety of the insider’s disclosed beneficial ownership, representing an approximate 0.1% ownership interest in the company.
