Perion Network (PERI) director Michal Drayman reports initial shareholdings and RSU vesting

Rhea-AI Filing Summary

Perion Network Ltd. director Michal Drayman filed an initial Form 3 reporting beneficial ownership of ordinary shares. The filing lists two direct ownership entries of ordinary shares totaling 10,397 and 17,875 shares, establishing her starting stake as a director.

A footnote explains that Drayman was granted restricted share units (RSUs) that vest in four equal quarterly installments, with the first tranche vesting on April 1, 2026, subject to her continued service through each vesting date.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Drayman Michal

(Last) (First) (Middle)

11 HAMIGDAL

(Street)

KARKUR L3 3707693

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Perion Network Ltd. [ PERI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	10,397	D
Ordinary Shares	17,875(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person was granted restricted share units ("RSUs"). The RSUs vest in four equal quarterly installments; the first tranche vesting on April 1, 2026, subject to the Reporting Person's continued service through each vesting date.

Remarks:

This Form 3 is being filed to report the Reporting Persons beneficial ownership of securities of the Issuer as of the date the Reporting Person became subject to the reporting requirements of Section 16 of the Securities Exchange Act of 1934.

	Michal Drayman by: Oppenheimer Israel, as Attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Michal Drayman’s Form 3 for Perion Network (PERI) show?

The Form 3 shows that director Michal Drayman holds ordinary shares of Perion Network Ltd. as a beneficial owner. It establishes her initial reported stake and confirms she also received restricted share units that vest over time, starting in 2026.

How many Perion Network (PERI) shares does Michal Drayman report on Form 3?

The filing lists two direct ownership entries in ordinary shares, with reported holdings of 10,397 shares and 17,875 shares. These figures reflect her beneficial ownership positions as recorded on the Form 3, rather than new market purchases or sales.

What RSU grant is disclosed for Michal Drayman at Perion Network (PERI)?

The footnote states Drayman was granted restricted share units (RSUs) that vest in four equal quarterly installments. The first tranche vests on April 1, 2026, and each vesting is conditioned on her continued service with Perion Network through the applicable date.

Is Michal Drayman buying or selling Perion Network (PERI) stock in this Form 3?

The Form 3 does not report any buy or sell transaction. Instead, it is an initial statement of beneficial ownership, listing Drayman’s existing direct holdings of ordinary shares and disclosing her RSU grant and vesting schedule as a company director.

What role does Michal Drayman hold at Perion Network (PERI) in this filing?

The filing identifies Michal Drayman as a director of Perion Network Ltd. As a director, she must report her beneficial ownership of company securities, which this Form 3 provides, along with details about her time-based restricted share unit award.