[144] Pagaya Technologies Ltd. SEC Filing

Rhea-AI Filing Summary

Pagaya Technologies Ltd. (PGY) Form 144 notice shows a proposed sale of 9,435 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $366,432.76 and an approximate sale date of 09/05/2025. The filing records two restricted‑stock acquisitions: 7,019 shares dated 08/01/2024 and 2,416 shares dated 07/01/2024. It also discloses sales by the same person in the past three months: 12,755 shares on 07/02/2025 for $287,933.92 and 11,768 shares on 06/13/2025 for $210,669.40. The signer affirms no undisclosed material adverse information and notes Rule 144 compliance.

Positive

• Filing complies with Rule 144 disclosure requirements including broker, share counts, market value, acquisition dates, and recent sales
• Signer affirms no undisclosed material adverse information in accordance with form instructions

Negative

• Insider has executed multiple sales recently: 11,768 shares on 06/13/2025 and 12,755 shares on 07/02/2025, and proposes to sell 9,435 shares on 09/05/2025
• Aggregate recent gross proceeds reported ($210,669.40 and $287,933.92) indicating noteworthy insider disposition activity

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 compliance filing showing a planned sale and recent insider sales; documentation appears properly completed.

The Form 144 documents a proposed disposition under Rule 144 with broker details, estimated value, and sale date. It itemizes the restricted stock acquisition dates and quantities and lists two recent sales with gross proceeds. From a compliance perspective, required fields—broker, number of shares, market value, acquisition dates—are provided, and the signer makes the standard representation about material nonpublic information. This filing serves primarily as disclosure of intended insider sales rather than new operational information.

Equity Markets Analyst

TL;DR: Insider selling activity is visible but the filing itself provides no operational or financial performance signals.

The notice quantifies the planned and recent dispositions: 9,435 shares proposed and two prior sales totaling 24,523 shares in the past three months with combined gross proceeds reported. These are discrete share transactions reported for transparency; the document does not include earnings, guidance, or disclosures that would change company valuation. Market impact depends on context outside this filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	9435	366432.76	76608426	09/05/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/01/2024	Restricted Stock	Issuer			7019	08/01/2024	Not Applicable
Common	07/01/2024	Restricted Stock	Issuer			2416	07/01/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
EVANGELOS PERROS 335 Madison Ave, 16th Floor New York NY 10017	Common	07/02/2025	12755	287933.92
EVANGELOS PERROS 335 Madison Ave, 16th Floor New York NY 10017	Common	06/13/2025	11768	210669.40

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Pagaya Technologies' (PGY) Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 9,435 common shares via Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $366,432.76 and an approximate sale date of 09/05/2025.

Who is the broker handling the proposed sale in the Form 144?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York NY 10004.

What restricted stock acquisitions are reported in this Form 144?

Two restricted stock acquisitions are listed: 7,019 shares acquired 08/01/2024 and 2,416 shares acquired 07/01/2024.

Has the filer sold shares recently according to the filing?

Yes. The filing reports sales by the same person of 12,755 shares on 07/02/2025 for $287,933.92 and 11,768 shares on 06/13/2025 for $210,669.40.

Does the Form 144 include any company earnings or operational disclosures?

No. The document only discloses proposed and recent securities sales and acquisition details; it contains no earnings or operational data.