Perion director share sale tied to tax withholding

Perion Network Ltd. director Marcus Joy Sharon reported a small share disposition tied to tax withholding.

Rhea-AI Filing Summary

Perion Network Ltd. director Marcus Joy Sharon reported a small share disposition tied to tax withholding. On April 1, 2026, 1,689 Ordinary Shares were sold at $10.00 per share. According to the footnote, these shares were withheld and sold by the company to satisfy tax withholding obligations from vesting restricted share units, rather than a discretionary market sale. After this transaction, Sharon directly holds 30,949 Ordinary Shares, indicating the event is minor relative to his remaining stake.

Insider Trade Summary

Net Seller: 1,689 shares

Net Sell 1 txn

Insider Marcus Joy Sharon

Role Director

Sold 1,689 shs ($17K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	1,689	$10.00	$17K

Holdings After Transaction: Ordinary Shares — 30,949 shares (Direct)

Footnotes (1)

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

Shares sold: 1,689 shares Sale price: $10.00 per share Shares held after: 30,949 shares +2 more

5 metrics

Shares sold 1,689 shares Ordinary Shares disposed on April 1, 2026

Sale price $10.00 per share Price for the 1,689 Ordinary Shares sold

Shares held after 30,949 shares Direct holdings following the transaction

Net shares sold 1,689 shares Net-sell direction per transaction summary

Transaction code S Classified as sale in open market or private transaction

Key Terms

restricted share units, tax withholding obligations, open-market sale, Ordinary Shares

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

"sold by the Issuer to satisfy tax withholding obligations"

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.

Ordinary Shares financial

""security_title": "Ordinary Shares""

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Perion Network (PERI) disclose for Marcus Joy Sharon?

Perion director Marcus Joy Sharon reported a disposition of 1,689 Ordinary Shares. The shares were sold at $10.00 each and used to cover tax obligations arising from the vesting of restricted share units, rather than reflecting a discretionary open-market sale.

How many Perion (PERI) shares did Marcus Joy Sharon sell and at what price?

Marcus Joy Sharon reported the sale of 1,689 Ordinary Shares of Perion Network at $10.00 per share. The filing explains these shares were withheld and sold by the company specifically to satisfy tax withholding obligations tied to restricted share unit vesting.

Why were Marcus Joy Sharon’s Perion (PERI) shares sold according to the Form 4 footnote?

The footnote states the 1,689 shares sold were withheld and sold by Perion Network to satisfy tax withholding obligations. This occurred in connection with the vesting of restricted share units, making the transaction a tax-related mechanism rather than a voluntary portfolio decision.

How many Perion (PERI) shares does Marcus Joy Sharon hold after this transaction?

Following the tax-related sale, Marcus Joy Sharon directly holds 30,949 Ordinary Shares of Perion Network. This post-transaction balance in the Form 4 shows that the 1,689 shares disposed represent a relatively small portion of his overall reported holdings.

Does the Marcus Joy Sharon Form 4 for Perion (PERI) show a routine tax withholding event?

Yes. Although coded as a sale, the Form 4 footnote clarifies the 1,689 shares were withheld and sold by Perion Network to cover tax withholding obligations on vesting restricted share units, indicating a routine compensation-related event rather than a discretionary market sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/06/2026 - 08:02 AM Learn about SEC filing dates

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^*

Marcus Joy Sharon

(Last) (First) (Middle)

99 BANK STREET 6J

(Street)

NEW YORK NEW YORK 10014

(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)		1,689	D	$10	30,949	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

	Joy Marcus 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)