Pagaya (PGY) CEO adds 16,230 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pagaya Technologies Ltd. Chief Executive Officer Gal Krubiner bought 16,230 Class A Ordinary Shares in an open-market purchase. The weighted average price was about $15.43 per share, with trades ranging from $15.409 to $15.44. After this transaction, he directly holds 555,906 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,230 shares ($250,468)
Net Buy
1 txn
Insider
Krubiner Gal
Role
Chief Executive Officer
Bought
16,230 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Share | 16,230 | $15.4324 | $250K |
Holdings After Transaction:
Class A Ordinary Share — 555,906 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 16,230 shares
Weighted average purchase price: $15.4324 per share
Post-transaction holdings: 555,906 shares
+1 more
4 metrics
Shares purchased
16,230 shares
Open-market buy of Class A Ordinary Shares
Weighted average purchase price
$15.4324 per share
Open-market purchase price
Post-transaction holdings
555,906 shares
Direct ownership after purchase
Price range of trades
$15.409–$15.44 per share
Range for individual purchase transactions
Key Terms
open-market purchase, Class A Ordinary Share, weighted average price
3 terms
open-market purchase financial
"transaction_action": "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.
weighted average price financial
"Weighted average price. These shares were purchased in multiple transactions"
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 Gal Krubiner?
Pagaya disclosed that CEO Gal Krubiner completed an open-market purchase of 16,230 Class A Ordinary Shares. This Form 4 filing shows a direct increase in his holdings, reflecting a net-buy insider transaction rather than a sale or option exercise.
Was the Pagaya (PGY) CEO transaction a buy or a sell?
The transaction was a buy. The Form 4 lists transaction code "P" and describes it as an open-market purchase, with 16,230 Class A Ordinary Shares acquired and no shares sold, resulting in a net-buy direction for this insider filing.
Does the Pagaya (PGY) Form 4 involve derivatives or option exercises?
This Form 4 does not report any derivative transactions or option exercises. It shows only a non-derivative open-market purchase of Class A Ordinary Shares, and the derivative position summary is empty for this filing, indicating no option or warrant activity here.