Perion (PERI) director Schwartz details initial share ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Perion Network Ltd. director Rami Schwartz filed an initial statement reporting his beneficial ownership of the company’s ordinary shares. The filing shows direct holdings of 30,890 ordinary shares in one entry and 16,616 ordinary shares in another. A footnote explains he was granted restricted share units that vest in four equal quarterly installments starting on April 1, 2026, contingent on his continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SCHWARTZ RAMI
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 30,890 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does the Perion (PERI) Form 3 filing by Rami Schwartz report?
The Form 3 filing reports director Rami Schwartz’s initial beneficial ownership of Perion Network Ltd. ordinary shares. It lists two blocks of directly held shares and notes a grant of RSUs that vest over time, subject to continued service.
What are the RSU vesting terms disclosed in the Perion (PERI) Form 3?
The footnote states that restricted share units (RSUs) granted to Rami Schwartz vest in four equal quarterly installments. The first tranche vests on April 1, 2026, and each vesting is conditioned on his continued service through the respective vesting date.
Is the Perion (PERI) Form 3 filing a buy or sell transaction?
The Form 3 is an initial ownership statement, not a trade report. It discloses Rami Schwartz’s existing beneficial holdings of ordinary shares and RSU vesting terms, without identifying any specific buy or sell transactions in the reported data.
What role does Rami Schwartz hold at Perion (PERI) in this ownership filing?
The filing identifies Rami Schwartz as a director of Perion Network Ltd. His status as a director makes him a reporting person under SEC rules, requiring disclosure of his beneficial ownership of the company’s ordinary shares and related equity awards.