Perion Network (NASDAQ: PERI) director share sale used for tax withholding

Rhea-AI Filing Summary

Perion Network Ltd. director Eyal Kaplan reported a small share disposition tied to tax withholding. On this Form 4, Kaplan is shown selling 2,915 Ordinary Shares at $10.00 per share, but a footnote explains these shares were withheld and sold by the company to satisfy tax withholding obligations upon the vesting of restricted share units. After this transaction, Kaplan directly holds 57,058 Ordinary Shares, so the tax-related sale represents only a minor portion of his overall position and does not reflect an open-market portfolio decision.

Insider Trade Summary

Net Seller: 2,915 shares ($29,150)

Net Sell 1 txn

Insider Kaplan Eyal

Role Director

Sold 2,915 shs ($29K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	2,915	$10.00	$29K

Holdings After Transaction: Ordinary Shares — 57,058 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 2,915 shares Sale price: $10.00 per share Shares held after: 57,058 shares +1 more

4 metrics

Shares sold 2,915 shares Ordinary Shares sold on 2026-04-01

Sale price $10.00 per share Price for 2,915 Ordinary Shares

Shares held after 57,058 shares Direct holdings following transaction

Net share direction 2,915 share net-sell TransactionSummary netBuySellShares

Key Terms

restricted share units, tax withholding obligations, open-market sale, Form 4

4 terms

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"

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	04/01/2026		S(1)		2,915	D	$10	57,058	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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

	Eyal Kaplan by: Oppenheimer Israel, as Attorney-in-fact	04/06/2026
	** 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 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 insider transaction did Perion Network (PERI) report for Eyal Kaplan?

Perion Network reported that director Eyal Kaplan had 2,915 Ordinary Shares sold at $10.00 per share. According to a footnote, these shares were withheld and sold by the company solely to cover tax obligations from vesting restricted share units.

Was Eyal Kaplan’s Perion (PERI) share sale an open-market decision?

No. Although coded as a sale, the filing states the 2,915 shares were withheld and sold by Perion to satisfy tax withholding obligations related to vesting restricted share units, rather than a discretionary open-market portfolio decision by Kaplan.

How many Perion (PERI) shares does Eyal Kaplan hold after this Form 4?

After the tax-related share sale, Eyal Kaplan directly holds 57,058 Ordinary Shares of Perion Network Ltd. This shows he retains a substantial equity position even after the small disposition connected to restricted share unit vesting.

What price per share was reported for Eyal Kaplan’s Perion (PERI) transaction?

The Form 4 lists a transaction price of $10.00 per Ordinary Share for the 2,915 shares sold. The filing clarifies that these shares were sold to cover tax withholding tied to restricted share unit vesting, not as an independent investment decision.

How significant is Eyal Kaplan’s reported Perion (PERI) sale relative to his holdings?

The 2,915 shares sold for tax withholding are small compared with his 57,058 shares held afterward. This indicates the transaction is a routine tax-related adjustment, not a large reduction of his overall stake in Perion Network Ltd.