Pagaya CFO Jonathan Dobres Sells 590 Shares for Taxes

Q: How many PGY shares did CFO Jonathan Dobres sell, and at what price?

Jonathan Dobres sold 590 Class A ordinary shares at $17.04 per share on September 28, 2026. The sale was necessary to satisfy tax withholding obligations arising exclusively from vesting a compensatory award.

Q: How many PGY restricted stock units were converted into shares?

On September 25, 2026, 1,116 restricted stock units were converted into 1,116 Class A ordinary shares. The reported resulting balance was 6,696 restricted stock units.

Q: When were Jonathan Dobres's PGY restricted stock units granted and scheduled to vest?

Jonathan Dobres was granted 8,929 restricted stock units on April 1, 2026. They vest in eight equal quarterly installments beginning June 25, 2026.

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Rhea-AI Filing Summary

Pagaya Technologies Ltd. (PGY) Chief Financial Officer Jonathan Dobres sold 590 Class A ordinary shares on September 28, 2026, at $17.04 per share; the sale was necessary to satisfy tax withholding obligations arising exclusively from vesting a compensatory award. On September 25, 2026, 1,116 restricted stock units were converted into 1,116 Class A ordinary shares, leaving 6,696 restricted stock units.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Dobres Jonathan

Role Chief Financial Officer

Sold 590 shs ($10K)

Approx. gross sale proceeds $10K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Share ^F2	590	$17.04	$10K
Exercise	Restricted Stock Unit ^F3	1,116	$0.00	$0.00
Exercise	Class A Ordinary Share ^F1	1,116	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 6,696 contracts (Direct); Class A Ordinary Share — 10,217 shares (Direct)

Footnotes (3)

F1. Balance adjusted to reflect final shares sold to cover taxes on transactions reported on Form 4s filed on 9/15/26 and 9/17/26.
F2. Sale of securities was necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award.
F3. On April 1, 2026, the reporting person was granted 8,929 restricted stock units, vesting in eight equal quarterly installments beginning on June 25, 2026.

Key Figures

Class A ordinary shares sold: 590 shares Sale price: $17.04 per share Restricted stock units converted: 1,116 units +3 more

6 metrics

Class A ordinary shares sold 590 shares September 28, 2026

Sale price $17.04 per share September 28, 2026

Restricted stock units converted 1,116 units September 25, 2026

Class A ordinary shares acquired on conversion 1,116 shares September 25, 2026

Restricted stock units after transaction 6,696 units Following the September 25, 2026 transaction

Restricted stock units granted 8,929 units Granted April 1, 2026; vesting in eight equal quarterly installments beginning June 25, 2026

Key Terms

restricted stock units, tax withholding obligations, compensatory award

3 terms

restricted stock units financial

"granted 8,929 restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"satisfy tax withholding obligations"

compensatory award financial

"vesting of a compensatory award"

FAQ

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

How many PGY shares did CFO Jonathan Dobres sell, and at what price?

Jonathan Dobres sold 590 Class A ordinary shares at $17.04 per share on September 28, 2026. The sale was necessary to satisfy tax withholding obligations arising exclusively from vesting a compensatory award.

How many PGY restricted stock units were converted into shares?

On September 25, 2026, 1,116 restricted stock units were converted into 1,116 Class A ordinary shares. The reported resulting balance was 6,696 restricted stock units.

When were Jonathan Dobres's PGY restricted stock units granted and scheduled to vest?

Jonathan Dobres was granted 8,929 restricted stock units on April 1, 2026. They vest in eight equal quarterly installments beginning June 25, 2026.

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

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Available on EDGAR 09/29/2026 - 06:31 PM Accepted by SEC EDGAR 09/29/2026 - 06:31 PM

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^*

Dobres Jonathan

(Last)

(First)

(Middle)

C/O PAGAYA TECHNOLOGIES LTD.

335 MADISON AVENUE, 16TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Pagaya Technologies Ltd. [ PGY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Ordinary Share	09/25/2026		M		1,116	A	$0	10,807⁽¹⁾	D
Class A Ordinary Share	09/28/2026		S⁽²⁾		590	D	$17.04	10,217	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	$0	09/25/2026		M			1,116	⁽³⁾	⁽³⁾	Class A Ordinary Share	1,116	$0	6,696	D

Explanation of Responses:

1. Balance adjusted to reflect final shares sold to cover taxes on transactions reported on Form 4s filed on 9/15/26 and 9/17/26.

2. Sale of securities was necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award.

3. On April 1, 2026, the reporting person was granted 8,929 restricted stock units, vesting in eight equal quarterly installments beginning on June 25, 2026.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Joshua Sills, Attorney-in-Fact	09/29/2026
	** 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)

Source: View Original Filing on SEC EDGAR