Director Vorhaus details Perion (PERI) share and RSU holdings

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.

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^*

VORHAUS MICHAEL

(Last) (First) (Middle)

40 W 47TH STREET, FLOOR 33

(Street)

NEW YORK NY 10035

(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	11,561	D
Ordinary Shares	17,372(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.

	Mike Vorhaus 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 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.

How many Perion (PERI) Ordinary Shares does Michael Vorhaus report holding?

The filing lists two direct Ordinary Share holdings for Michael Vorhaus, with reported positions of 11,561 shares and 17,372 shares in separate entries. These figures indicate his beneficial ownership at the time of the Form 3, without showing any recent purchases or sales.

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.

Does the Perion (PERI) Form 3 show Michael Vorhaus buying or selling shares?

The Form 3 does not report any buying or selling activity. Instead, it is an initial statement of beneficial ownership, listing Ordinary Shares held directly and describing an RSU grant with future vesting, rather than recording market transactions.

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.