STOCK TITAN

Perion Network (PERI) director logs 2,916-share tax withholding sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Perion Network Ltd. director Eyal Kaplan reported a small share disposition linked to tax obligations rather than a discretionary sale. On the reported date, 2,916 Ordinary Shares were sold at $9.77 per share, with the filing stating these shares were withheld and sold by the company to satisfy tax withholding on vested restricted share units.

Following this tax-related transaction, Kaplan’s direct holdings stood at 54,142 Ordinary Shares, indicating he retained the vast majority of his equity position.

Positive

  • None.

Negative

  • None.
Insider Kaplan Eyal
Role null
Sold 2,916 shs ($28K)
Type Security Shares Price Value
Sale Ordinary Shares 2,916 $9.77 $28K
Holdings After Transaction: Ordinary Shares — 54,142 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 2,916 shares Ordinary Shares disposition on reported transaction date
Sale price per share $9.77/share Price for 2,916 Ordinary Shares sold
Shares held after transaction 54,142 shares Director’s direct Ordinary Share holdings post-transaction
Net shares sold 2,916 shares Net-sell direction per transaction summary
restricted share units financial
"in connection with the vesting of restricted share units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
Ordinary Shares financial
"The shares sold represent shares withheld and sold by the Issuer"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kaplan Eyal

(Last)(First)(Middle)
3475 CASTLE PEAK AVE

(Street)
SUPERIOR COLORADO 80027-6100

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Perion Network Ltd. [ PERI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares07/01/2026S(1)2,916D$9.7754,142D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares sold represent shares withheld and sold by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted share units
/s/ Yohanan Azriel on behalf of Oppenheimer Israel, as Attorney-in-fact07/02/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Perion Network (PERI) director Eyal Kaplan report in this Form 4?

Director Eyal Kaplan reported a disposition of 2,916 Ordinary Shares of Perion Network. The shares were sold at $9.77 per share and were linked to tax withholding on the vesting of restricted share units, not a discretionary open-market sale.

Why were Perion Network (PERI) shares sold in Kaplan’s Form 4 filing?

The filing states the shares sold represented shares withheld and sold by the issuer to satisfy tax withholding obligations arising from the vesting of restricted share units, making this a tax-related transaction rather than a voluntary portfolio decision by the director.

How many Perion Network (PERI) shares did Kaplan dispose of and at what price?

Kaplan’s Form 4 shows a disposition of 2,916 Ordinary Shares of Perion Network at a price of $9.77 per share. This transaction was coded as a sale but footnoted as related to tax withholding on vested restricted share units.

What is Eyal Kaplan’s Perion Network (PERI) shareholding after this Form 4 transaction?

After the tax-related share sale, Kaplan directly holds 54,142 Ordinary Shares of Perion Network. This indicates the reported transaction affected only a portion of his position, with the majority of his holdings remaining unchanged following the withholding sale.

Is Kaplan’s Form 4 transaction in Perion Network (PERI) an open-market signal?

The transaction is coded as an open-market sale, but the footnote explains the shares were withheld and sold by the issuer to cover tax withholding obligations on restricted share unit vesting, which is typically considered a routine, mechanistic event rather than a discretionary trading signal.