Pagaya CFO granted 34,995 RSUs

Dobres Jonathan reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Dobres Jonathan reported acquisition or exercise transactions in this Form 4 filing.

Pagaya Technologies Ltd. reported that Chief Financial Officer Jonathan Dobres received a grant of 34,995 restricted stock units on July 1, 2026. These RSUs vest in eight equal quarterly installments beginning on September 15, 2026, aligning compensation with multi‑year service.

Each unit is a derivative security tied to 34,995 underlying Class A Ordinary Shares, and the grant price is listed as $0.00 per unit, reflecting its nature as equity compensation rather than a market purchase. Following this award, Dobres holds 34,995 RSUs directly.

Insider Trade Summary

Grant/Award: 34,995 shares

Grant/Award 1 txn

Insider Dobres Jonathan

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	34,995	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 34,995 contracts (Direct)

Footnotes (1)

1. F1. On July 1, 2026, the reporting person was granted 34,995 restricted stock units, vesting in eight equal quarterly installments beginning on September 15, 2026.

Key Figures

RSUs granted: 34,995 units Grant price: $0.00 per unit Underlying shares: 34,995 Class A Ordinary Shares +2 more

5 metrics

RSUs granted 34,995 units Grant to CFO Jonathan Dobres on July 1, 2026

Grant price $0.00 per unit Restricted stock unit compensation award

Underlying shares 34,995 Class A Ordinary Shares Underlying security for granted RSUs

Vesting schedule 8 equal quarterly installments Beginning September 15, 2026

Holdings after grant 34,995 RSUs Total derivative holdings following transaction

Key Terms

Restricted Stock Unit, Class A Ordinary Share, vesting, Form 4

4 terms

Restricted Stock Unit financial

"the reporting person was granted 34,995 restricted stock units, vesting in eight equal quarterly installments"

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.

Class A Ordinary Share financial

"underlying_security_title": "Class A Ordinary Share","underlying_security_shares": "34995.0000""

A Class A ordinary share is a type of common stock a company issues that carries a specific set of rights—most often particular voting power, dividend terms, or transfer rules—distinct from other share classes. For investors it matters because those rights affect control over company decisions, how income is paid out, and how easy shares are to buy or sell; think of it like a tiered ticket that gives different access and influence at the same event.

vesting financial

"granted 34,995 restricted stock units, vesting in eight equal quarterly installments beginning on September 15, 2026"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): { "issuerName": "Pagaya Technologies Ltd.""

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.

FAQ

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

What did Pagaya (PGY) CFO Jonathan Dobres report in this Form 4?

Jonathan Dobres reported receiving a grant of 34,995 restricted stock units as equity compensation. The RSUs are tied to Pagaya Class A Ordinary Shares and increase his direct equity-based stake in the company, aligning his compensation with shareholder outcomes over time.

How many RSUs were granted to the Pagaya (PGY) CFO and when?

The Pagaya CFO was granted 34,995 restricted stock units on July 1, 2026. This grant is recorded at a price of $0.00 per unit, reflecting a compensation award rather than an open-market purchase, and forms part of his overall incentive package.

What is the vesting schedule for Jonathan Dobres’ 34,995 Pagaya RSUs?

The 34,995 restricted stock units vest in eight equal quarterly installments beginning on September 15, 2026. This means a portion of the award becomes available every quarter, encouraging continued service and long-term alignment with Pagaya’s performance.

What type of Pagaya security underlies these RSUs granted to the CFO?

The RSUs are linked to Pagaya Class A Ordinary Shares as the underlying security. The filing shows 34,995 underlying Class A Ordinary Shares associated with the grant, so as units vest and settle, they can deliver ordinary shares instead of cash compensation.

Did the Pagaya (PGY) CFO buy or sell shares in this Form 4 filing?

The transaction reflects an acquisition of 34,995 restricted stock units as a grant, not a purchase or sale in the market. It is classified as a derivative grant award, with no reported open-market buying or selling of Pagaya shares in this filing.

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

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Accepted by SEC EDGAR 07/02/2026 - 04:13 PM 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^*

Dobres Jonathan

(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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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	07/01/2026		A		34,995		(1)	(1)	Class A Ordinary Share	34,995	$0	34,995	D

Explanation of Responses:

1. On July 1, 2026, the reporting person was granted 34,995 restricted stock units, vesting in eight equal quarterly installments beginning on September 15, 2026.

Remarks:

	/s/ Eric Watson, Attorney-in-Fact	07/02/2026
	** 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)