Director Vorhaus details Perion (PERI) share and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Perion Network Ltd. director Michael Vorhaus has filed an initial statement of beneficial ownership, reporting direct holdings of Ordinary Shares. The filing lists separate entries showing 11,561 and 17,372 Ordinary Shares held directly. A footnote explains he has been granted restricted share units that vest in four equal quarterly installments, with the first tranche vesting on April 1, 2026, subject to his continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
VORHAUS MICHAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 11,561 shares (Direct)
Footnotes (1)
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FAQ
What does Michael Vorhaus report in his Perion (PERI) Form 3 filing?
The Form 3 shows director Michael Vorhaus reporting direct ownership of Ordinary Shares of Perion Network Ltd. It also notes a grant of restricted share units (RSUs), which will vest in future installments, reflecting equity-based compensation tied to continued service.
What are the terms of Michael Vorhaus’s RSU grant from Perion (PERI)?
Vorhaus received restricted share units (RSUs) that vest in four equal quarterly installments. According to the disclosure, the first tranche will vest on April 1, 2026, and each vesting date is contingent on his continued service with Perion through that date.
What is the significance of a Form 3 filing for Perion (PERI) director Michael Vorhaus?
A Form 3 is an initial ownership report required when someone becomes an insider, such as a director. For Perion, this filing discloses Michael Vorhaus’s current Ordinary Share holdings and outlines his RSU grant, providing transparency into his equity stake and compensation structure.