Halevi-Davidov Naama 4

What Happened Naama Halevi-Davidov, a director of Kaltura Inc. (KLTR), sold 131,873 shares in an open‑market disposition on March 20, 2026. The weighted average sale price was $1.21 per share (range $1.20–$1.23), for total proceeds of approximately $159,289. This sale was executed pursuant to a Rule 10b5-1 trading plan adopted December 16, 2025 — a prearranged plan that schedules sales irrespective of short-term company developments.

Key Details

• Transaction date: 2026-03-20 (reported on Form 4 filed 2026-03-23) — filing appears timely under the two-business-day rule.
• Shares sold: 131,873; weighted average price: $1.21; price range: $1.20–$1.23.
• Proceeds: ~$159,289.
• Shares owned after transaction: not disclosed in the excerpt provided (see the Form 4 for post-transaction holdings).
• Footnotes: F1 — sale executed under a 10b5-1 plan adopted 12/16/2025; F2 — price shown is a weighted average; the reporting person will provide per-price breakdown on request.
• Transaction type: Sale (code S).

Context This was a scheduled sale under a 10b5-1 plan rather than an opportunistic open-market trade announced for signaling purposes. Such prearranged sales are commonly used for liquidity or diversification and do not by themselves indicate management’s view of company prospects. For more detail on post-transaction ownership or the exact per-trade prices, consult the full Form 4 or request the breakdown referenced in the filing.