STOCK TITAN

Pagaya (PGY) CEO adds 16,230 shares in open-market purchase

Filing Impact
(High)
Filing Sentiment
(Positive)
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 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)
  1. [object Object]
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
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.
Class A Ordinary Share financial
"security_title": "Class A Ordinary Share""
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.
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Krubiner Gal

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Ordinary Share06/24/2026P16,230A$15.4324(1)555,906D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.409 to $15.44 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
Remarks:
/s/Eric Watson, Attorney-in-Fact06/25/2026
** Signature of Reporting PersonDate
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)

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.

How many Pagaya (PGY) shares does the CEO hold after this Form 4?

After the reported transaction, CEO Gal Krubiner directly holds 555,906 Class A Ordinary Shares. This figure comes from the post-transaction ownership line in the Form 4 and reflects his direct stake following the 16,230-share open-market purchase.

At what price did the Pagaya (PGY) CEO buy the 16,230 shares?

The 16,230 Pagaya Class A Ordinary Shares were bought at a weighted average price of $15.4324 per share. The filing notes multiple trades within a range from $15.409 to $15.44, with detailed breakdowns available from the reporting person on request.

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.