Levy Raphi sold $240K of DRTS
Levy Raphi (Chief Financial Officer) sold 20,000 shares of Alpha Tau Medical Ltd. (DRTS) at $12.00 ($0.24M total) on 2026-06-30 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The filing discloses an officer’s open-market sale of 20,000 shares at a stated price, but it does not include new business developments.
Market read
Traders may briefly reassess near-term sentiment around insider behavior, but the 10b5-1 structure reduces interpretive weight.
What to watch
Look for whether the sale is part of a larger, multi-tranche 10b5-1 program and compare with prior insider activity; one Form 4 alone is often not predictive.
Background
The article is a primary-source SEC Form 4 insider transaction for Alpha Tau Medical Ltd. (DRTS).
Ticker impact
CFO Levy Raphi filed a Form 4 selling 20,000 shares of DRTS at $12.0022/share on 2026-06-30 under a 10b5-1 plan.
Low likelihood of a sustained price move; any reaction is likely muted and short-lived.
The disclosure is a scheduled open-market sale by an officer under a pre-arranged 10b5-1 plan, with no accompanying guidance, deal, or operational change.
Market effects
Minimal; this is company-specific insider transaction data with no sector-wide read-across.
None.
None.
Counterpoint
A 10b5-1 sale can be purely liquidity-driven; traders may ignore it unless paired with other negative signals (missed guidance, financing needs, or repeated heavy selling).
Key entities
- issuerDRTS
Alpha Tau Medical Ltd., the company whose insider transaction was reported.
- insiderLevy Raphi
Chief Financial Officer who sold shares under a pre-arranged 10b5-1 plan.



