Pagaya CAO exercises RSUs, sells shares for taxes

Pagaya Technologies Ltd. Chief Accounting Officer Cory Vieira reported routine equity compensation activity.

Accepted by SEC EDGAR 06/29/2026 - 04:38 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Pagaya Technologies Ltd. Chief Accounting Officer Cory Vieira reported routine equity compensation activity. Vieira exercised 3,572 restricted stock units into Class A ordinary shares and sold 1,458 shares at $15.83 per share to satisfy tax withholding obligations from the vesting of a compensatory award.

After these transactions, Vieira directly holds 20,959 Class A ordinary shares. The reported balance also reflects shares acquired under the company’s Employee Stock Purchase Plan, and a previously granted 28,571 restricted stock unit award scheduled to vest in eight equal quarterly installments beginning on June 25, 2026.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Vieira Cory

Role Chief Accounting Officer

Sold 1,458 shs ($23K)

Approx. gross sale proceeds $23K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	3,572	$0.00	$0.00
Exercise	Class A Ordinary Share	3,572	$0.00	$0.00
Sale	Class A Ordinary Share	1,458	$15.83	$23K

Holdings After Transaction: Restricted Stock Unit — 24,999 contracts (Direct); Class A Ordinary Share — 20,959 shares (Direct)

Footnotes (3)

1. F1. Balance adjusted to reflect shares acquired under the Employee Stock Purchase Plan (ESPP).
2. F2. Sale of shares was necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award.
3. F3. On April 1, 2026, the Reporting Person was granted 28,571 restricted stock units, vesting in eight equal quarterly installments beginning on June 25, 2026.

Key Figures

Shares sold: 1,458 shares Sale price: $15.83/share RSUs exercised: 3,572 units +3 more

6 metrics

Shares sold 1,458 shares Class A ordinary shares sold at $15.83 to cover tax withholding

Sale price $15.83/share Price for 1,458 Class A ordinary shares sold

RSUs exercised 3,572 units Restricted stock units converted into Class A ordinary shares at $0.00

Shares held after 20,959 shares Direct Class A ordinary share ownership following transactions

New RSU grant 28,571 units Restricted stock units granted April 1, 2026, vesting over eight quarters

Vesting schedule 8 quarterly installments RSU grant vesting begins June 25, 2026, in equal installments

Key Terms

Restricted Stock Unit, Employee Stock Purchase Plan (ESPP), tax withholding obligations, compensatory award

4 terms

Restricted Stock Unit financial

"security_title: "Restricted Stock Unit" and a grant of 28,571 restricted stock units"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Employee Stock Purchase Plan (ESPP) financial

"Balance adjusted to reflect shares acquired under the Employee Stock Purchase Plan (ESPP)."

tax withholding obligations financial

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

compensatory award financial

"arising exclusively from the vesting of a compensatory award."

FAQ

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

What did Pagaya (PGY) insider Cory Vieira do in this Form 4?

Cory Vieira exercised 3,572 restricted stock units into Pagaya Class A shares and sold 1,458 shares. The sale was used to cover tax withholding from a vested compensatory award, making the activity largely routine and compensation-related rather than a discretionary portfolio move.

How many Pagaya (PGY) shares did Cory Vieira sell and at what price?

Cory Vieira sold 1,458 Pagaya Class A ordinary shares at $15.83 per share. According to the footnotes, this sale was necessary to satisfy tax withholding obligations tied exclusively to the vesting of a compensatory equity award, not a standalone open-market liquidation decision.

How many Pagaya (PGY) shares did Cory Vieira acquire through exercises?

Vieira acquired 3,572 Pagaya Class A ordinary shares by exercising restricted stock units at a conversion price of $0.00. These units vested and converted into common shares as part of equity compensation, increasing direct share ownership before accounting for the tax-related share sale.

What is Cory Vieira’s Pagaya (PGY) shareholding after these transactions?

Following the reported transactions, Cory Vieira directly holds 20,959 Pagaya Class A ordinary shares. This balance reflects both the restricted stock unit conversion and the tax-related share sale, as well as prior participation in the company’s Employee Stock Purchase Plan, as noted in the footnotes.

What future equity compensation does Cory Vieira have at Pagaya (PGY)?

On April 1, 2026, Vieira was granted 28,571 restricted stock units that vest in eight equal quarterly installments starting June 25, 2026. These scheduled vesting events represent additional equity compensation that can convert into Pagaya Class A shares over the defined vesting period.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Vieira Cory

(Last) (First) (Middle)

C/O PAGAYA TECHNOLOGIES LTD.

335 MADISON AVENUE, 16TH FLOOR

(Street)

NEW YORK 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 Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Share	06/25/2026		M		3,572	A	$0	22,417(1)	D
Class A Ordinary Share	06/25/2026		S		1,458	D	$15.83(2)	20,959	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
Restricted Stock Unit	$0	06/25/2026		M			3,572	(3)	(3)	Class A Ordinary Share	3,572	$0	24,999	D

Explanation of Responses:

1. Balance adjusted to reflect shares acquired under the Employee Stock Purchase Plan (ESPP).

2. Sale of shares 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 28,571 restricted stock units, vesting in eight equal quarterly installments beginning on June 25, 2026.

Remarks:

	/s/ Eric Watson, Attorney-in-Fact	06/29/2026
	** 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)