Pagaya (PGY) CEO Gal Krubiner adds 16,600 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pagaya Technologies Ltd. Chief Executive Officer Gal Krubiner reported an open-market purchase of 16,600 Class A Ordinary Shares. The shares were bought at a weighted average price of about $15.09 per share. After this transaction, Krubiner directly holds 539,676 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,600 shares ($250,550)
Net Buy
1 txn
Insider
Krubiner Gal
Role
Chief Executive Officer
Bought
16,600 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Share | 16,600 | $15.0934 | $251K |
Holdings After Transaction:
Class A Ordinary Share — 539,676 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 16,600 shares
Purchase price: $15.0934 per share
Post-transaction holdings: 539,676 shares
+1 more
4 metrics
Shares purchased
16,600 shares
Open-market purchase of Class A Ordinary Shares
Purchase price
$15.0934 per share
Weighted average purchase price for the reported trades
Post-transaction holdings
539,676 shares
Direct Class A Ordinary Shares held after the transaction
Net buy shares
16,600 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, Class A Ordinary Share, Form 4, weighted average price
4 terms
open-market purchase financial
"The shares were bought in an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"This insider activity was disclosed in a Form 4 filing."
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.
weighted average price financial
"The shares were acquired at a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did Pagaya (PGY) report for CEO Gal Krubiner?
Pagaya reported that CEO Gal Krubiner bought 16,600 Class A Ordinary Shares in an open-market purchase. This insider Form 4 filing shows a direct increase in his personal shareholding in Pagaya Technologies Ltd.
What type of security did the Pagaya (PGY) insider buy in the Form 4 filing?
The insider transaction involved Pagaya Class A Ordinary Shares, the company’s listed equity security. The Form 4 specifies a non-derivative open-market purchase, meaning common shares were acquired rather than options or other derivatives.
Does the Pagaya (PGY) Form 4 indicate an open-market purchase or a grant?
The Pagaya Form 4 identifies the transaction as an open-market purchase coded “P.” This indicates CEO Gal Krubiner actively bought 16,600 Class A Ordinary Shares, rather than receiving them as a compensation grant or option exercise.