Taboola (NASDAQ: TBLA) CFO exercises options, now holds 3.4M shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taboola.com Ltd. Chief Financial Officer Stephen C. Walker exercised share options and settled related costs using company stock. He exercised options for 170,070 Ordinary Shares at $2.63 per share and, in a cashless transaction, 132,590 Ordinary Shares were delivered to cover the exercise price and tax liability. After these transactions, he holds 3,406,095 Ordinary Shares directly, reflecting a compensation-related option exercise rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
170,070 shares exercised/converted
Mixed
3 txns
Insider
Walker Stephen C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (Right to Buy) | 170,070 | $0.00 | -- |
| Exercise | Ordinary Shares | 170,070 | $2.63 | $447K |
| Tax Withholding | Ordinary Shares | 132,590 | $5.04 | $668K |
Holdings After Transaction:
Share Option (Right to Buy) — 0 shares (Direct, null);
Ordinary Shares — 3,406,095 shares (Direct, null)
Footnotes (1)
- This transaction was effected to pay the exercise price and tax liability in connection with Mr. Walker's cashless exercise of stock options reported on this Form 4, which were scheduled to expire on June 14, 2026. Includes 992,433 ordinary shares. Includes 148,928 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 320,993 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 721,352 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. Includes 1,089,799 RSUs which shall vest in equal quarterly installments through 2030, 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. Immediately exercisable.
Key Figures
Options exercised: 170,070 shares
Exercise price: $2.63 per share
Shares delivered for taxes/exercise: 132,590 shares
+3 more
6 metrics
Options exercised
170,070 shares
Ordinary Shares acquired via option exercise at $2.63
Exercise price
$2.63 per share
Conversion or exercise price of stock options
Shares delivered for taxes/exercise
132,590 shares
Ordinary Shares used to pay exercise price and tax liability
Post-transaction holdings
3,406,095 shares
Ordinary Shares held directly after transactions
Option expiration date
June 14, 2026
Scheduled expiration of exercised stock options
RSU tranche
1,089,799 RSUs
Largest RSU award vesting quarterly through 2030
Key Terms
cashless exercise, RSUs, Share Option (Right to Buy), tax liability, +1 more
5 terms
cashless exercise financial
"cashless exercise of stock options reported on this Form 4, which were scheduled"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
RSUs financial
"Includes 148,928 RSUs which shall vest in equal quarterly installments"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax liability financial
"to pay the exercise price and tax liability in connection with Mr. Walker's cashless exercise"