[Form 3] Perion Network Ltd. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Perion Network Ltd. Chief Revenue Officer Stephen Moore filed an initial statement of beneficial ownership, detailing his equity interests in the company. The filing shows direct holdings of Performance Stock Units (PSUs) linked to ordinary shares, including awards covering 25,000 underlying ordinary shares in two separate entries and additional performance-based PSUs each linked to 7,500 ordinary shares with expiration dates in 2028, 2030 and 2032.
The disclosure also lists direct ownership entries of ordinary shares, including 10,441 shares, 86,590 shares and 30,000 shares. Footnotes explain that certain Restricted Share Units vest 33.33% on February 1, 2026 and February 17, 2027, with the remaining 66.67% vesting in eight equal quarterly installments thereafter, and that performance RSUs vest only upon meeting pre-specified performance criteria while the executive remains in service, with each RSU representing one ordinary share.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Unit (PSU) | -- | -- | -- |
| holding | Performance Stock Unit (PSU) | -- | -- | -- |
| holding | Performance Stock Unit (PSU) | -- | -- | -- |
| holding | Performance Stock Unit (PSU) | -- | -- | -- |
| holding | Performance Stock Unit (PSU) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (5)
- F1. The Reporting Person was granted Restricted Share Units ("RSUs"). The RSUs vest as follows: 33.33% vest on February 1, 2026, and the remaining 66.67% vest in eight equal quarterly installments thereafter, subject to the Reporting Person's continued service through each vesting date.
- F2. The Reporting Person was granted RSUs. Which vest as follows: 33.33% vest on February 17, 2027, and the remaining 66.67% vest in eight equal quarterly installments thereafter, subject to the Reporting Person continued service through each vesting date.
- F3. The performance RSUs vest upon the achievement of pre-specified performance criteria, subject to the Reporting Person continued service through the vesting date, with no expiration date. Each RSU represents the right to receive one ordinary share.
- F4. The performance RSUs vest upon the achievement of pre-specified performance criteria, subject to the Reporting Person continued service through the vesting date, with no expiration date.
- F5. The performance RSUs vest upon the achievement of pre-specified performance criteria.
AI-generated analysis. How Rhea-AI works. Not financial advice.
