[Form 4] Taboola.com Ltd. Insider Trading Activity
Rhea-AI Filing Summary
Shachar Erez, a director of Taboola.com Ltd. (TBLA), was granted 58,068 restricted share units on 08/08/2025 as board compensation. The RSUs vest 100% on May 1, 2026 subject to the Reporting Person's continuous service; each RSU represents the right to receive one ordinary share upon vesting and settlement at no cash price. The filing discloses substantial indirect holdings held by affiliated entities: Evergreen V: 20,730,847 shares, Evergreen VA: 2,330,765 shares, and Evergreen V GP: 12,211 shares. The Reporting Person is a principal and managing partner of Evergreen Venture Partners and disclaims beneficial ownership of those affiliated holdings except to the extent of any pecuniary interest.
Positive
- 58,068 RSUs granted to the director as board compensation
- 100% vesting on May 1, 2026, subject to continuous service
- Each RSU converts to one ordinary share upon vesting and settlement
Negative
- Reporting Person disclaims beneficial ownership of affiliated holdings except to the extent of any pecuniary interest
- Large concentrated indirect holdings disclosed (Evergreen V: 20,730,847; Evergreen VA: 2,330,765; Evergreen V GP: 12,211)
- Proceeds of any sale of vested shares must be remitted to Evergreen Venture Partners, indicating restricted economic control
Insights
TL;DR: Director RSU grant is a routine compensation event; large affiliated holdings are notable but this filing reports grants and ownership rather than open-market trades.
The 58,068 restricted share units are compensation for board service and vest fully on May 1, 2026, which creates a potential future issuance of shares upon settlement but does not indicate an immediate sale or purchase in the market. The disclosure of 20,730,847 shares held by Evergreen V and additional holdings through related entities signals concentrated ownership among affiliated investors. That concentration may be relevant for shareholder control considerations, yet the form records no disposition or open-market transaction by the reporting person that would directly affect liquidity or share supply today.
TL;DR: Filing documents director compensation and complex ownership through affiliated entities with a formal disclaimer of beneficial ownership.
The report confirms grant of RSUs tied to continued service, a common governance practice to align director incentives with long-term performance. The Reporting Person's role as principal and managing partner of Evergreen Venture Partners and the stated obligation to remit proceeds of any sale of vested shares to Evergreen clarify the economic and control relationships. The repeated disclaimers that the Reporting Person does not claim beneficial ownership except for any pecuniary interest are material from a disclosure and governance standpoint because they delineate where legal ownership and voting power may reside within the affiliated structure.