RSU tax withholding adjusts Taboola.com Ltd. (TBLA) CEO equity stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taboola.com Ltd. Founder and CEO Adam Singolda reported a Form 4 transaction where 169,758 ordinary shares were withheld at $3.36 per share to cover tax obligations from vesting RSUs. According to the filing, no shares were sold. After this tax withholding, he beneficially owned 15,635,465 securities, including 13,113,374 ordinary shares and multiple RSU grants scheduled to vest quarterly through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singolda Adam
Role
Founder and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 169,758 | $3.36 | $570K |
Holdings After Transaction:
Ordinary Shares — 15,635,465 shares (Direct)
Footnotes (1)
- These shares were withheld to satisfy tax withholding obligations in connection with the vesting of previously awarded Restricted Share Units ("RSUs"). No shares were sold. Includes 13,113,374 ordinary shares. Includes 383,903 RSUs which shall vest in equal quarterly installments through 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 695,484 RSUs which shall vest in equal quarterly installments through 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 1,442,704 RSUs which shall vest in equal quarterly installments through 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
FAQ
What did Taboola (TBLA) CEO Adam Singolda report in this Form 4?
Adam Singolda reported a tax-related share withholding, not an open-market trade. A total of 169,758 ordinary shares were withheld to satisfy tax obligations arising from the vesting of previously granted RSUs, while no shares were actually sold.
How many Taboola (TBLA) securities does the CEO hold after this Form 4 event?
After the transaction, Adam Singolda beneficially owned 15,635,465 securities. This includes 13,113,374 ordinary shares plus several RSU awards that will convert into ordinary shares as they vest over future quarterly dates through 2029.
What RSU awards are included in Adam Singolda’s Taboola (TBLA) holdings?
His holdings include multiple RSU grants with staggered vesting. The filing lists 383,903 RSUs vesting through 2027, 695,484 RSUs vesting through 2028, and 1,442,704 RSUs vesting through 2029, each delivering one ordinary share upon vesting.
Does this Taboola (TBLA) Form 4 indicate a change in the CEO’s commitment?
The transaction appears administrative, tied to RSU tax withholding. It reflects shares withheld to meet tax obligations from vesting equity rather than a discretionary open-market sale, and the CEO continues to hold a substantial equity position in the company.