Perion director sale covers RSU tax withholding
Perion Network Ltd. director Eyal Kaplan reported a small share disposition tied to tax withholding.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,915 | $10.00 | $29K |
Footnotes (1)
- F1. 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
Key Figures
Key Terms
tax withholding obligations financial
open-market sale financial
Form 4 regulatory
FAQ
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What insider transaction did Perion Network (PERI) report for Eyal Kaplan?
How significant is Eyal Kaplan’s reported Perion (PERI) sale relative to his holdings?
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