Taboola Board Member's Stock Sales Total $185K in June Amid Market Changes
Rhea-AI Filing Summary
Taboola.com Form 144 Notice of Proposed Sale filed on June 28, 2025, details upcoming securities transactions by insider Lynda Clarizio. The filing indicates a proposed sale of 19,370 common shares with an aggregate market value of $69,927.64 through Morgan Stanley Smith Barney LLC on NASDAQ, planned for June 23, 2025.
Key transaction details:
- Shares were acquired as Restricted Stock from the issuer on July 1, 2024
- Total outstanding shares: 321,404,866
- Recent insider trading activity by the same seller in past 3 months: - June 18: 15,000 shares ($54,765) - June 11: 10,000 shares ($36,012) - June 10: 7,000 shares ($24,817)
This Form 144 represents a declaration of the seller's intent to sell securities, confirming no knowledge of undisclosed material adverse information about Taboola's operations.
Positive
- None.
Negative
- Board member Lynda Clarizio has sold a total of 51,370 shares (including planned sale) over the past month, with total value over $185,000, indicating potential insider selling pressure