Perion (PERI) director logs 1,689-share RSU tax withholding sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perion Network Ltd. director Marcus Joy Sharon reported a small share disposition linked to equity compensation. On the vesting of restricted share units, 1,689 Ordinary Shares were withheld and sold by the company at $9.774 per share to satisfy tax withholding obligations. After this tax-related sale, Sharon directly holds 29,260 Ordinary Shares, so the transaction reflects routine tax settlement rather than a discretionary open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,689 shares ($16,508)
Net Sell
1 txn
Insider
Marcus Joy Sharon
Role
null
Sold
1,689 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,689 | $9.774 | $17K |
Holdings After Transaction:
Ordinary Shares — 29,260 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,689 shares
Sale price: $9.774 per share
Shares held after: 29,260 shares
3 metrics
Shares sold
1,689 shares
Ordinary Shares sold on RSU vesting for tax withholding
Sale price
$9.774 per share
Average price for tax-related share sale
Shares held after
29,260 shares
Direct ownership after reported transaction
Key Terms
restricted share units, tax withholding obligations, open-market sale
3 terms
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Marcus Joy Sharon report at Perion Network (PERI)?
Director Marcus Joy Sharon reported a disposition of 1,689 Perion Ordinary Shares. According to the filing, these shares were withheld and sold by the company to cover tax withholding obligations arising from the vesting of restricted share units, rather than a discretionary share sale.
Does Marcus Joy Sharon’s Form 4 indicate any remaining derivative or option positions in Perion (PERI)?
No derivative positions are listed in the derivative summary of this Form 4. The filing only reports a non-derivative transaction in Perion Ordinary Shares related to tax withholding from vested restricted share units, with no additional options or similar instruments shown.