CTO David Ben-Avi sold 30,186 shares for $2,287,551.48 over two days (May 28-29); retains 6,587,718 shares post-sale
David Ben-Avi, CTO and Co-Founder, executed two separate sales totaling 30,186 shares for $2,287,551.48, selling at $74.93 on May 28 and $76.48 on May 29. The sale represents only -0.5% of his pre-transaction holdings of 6,617,904 shares, indicating a modest position reduction while maintaining substantial ownership of 6,587,718 shares. The transactions occurred when the stock was trading near its 52-week high of $76.86 and up 37.0% over 90 days, though current price of $73.12 sits 4.9% below the 52-week high. The limited scale of the divestiture relative to Ben-Avi's total holdings suggests a measured liquidity event rather than a significant conviction shift.