[Form 4] Taboola.com Ltd. Insider Trading Activity
Peres Nechemia Jacob, a director of Taboola.com Ltd. (TBLA), reported the grant of 58,068 restricted share units (RSUs) in connection with his board service. The RSUs were granted on 08/08/2025 and vest 100% on May 1, 2026 subject to continuous service; each RSU converts into one ordinary share upon vesting and settlement. The grant carries no cash purchase price noted in the filing. The report shows 245,827 ordinary shares held directly following the transaction. The filing also discloses indirect shared voting and dispositive power over 5,541,515, 713,899 and 132,234 shares held by affiliated Pitango funds, with the reporting person disclaiming beneficial ownership except to the extent of any pecuniary interest.
- 58,068 RSUs granted with clear vesting date (May 1, 2026) and one-for-one conversion to ordinary shares
- Full disclosure of direct and indirect holdings, including direct ownership of 245,827 shares and indirect interests through Pitango funds
- None.
Insights
TL;DR: Routine director equity grant and large affiliated fund holdings disclosed; no immediate balance-sheet impact.
The filing records a standard board compensation grant of 58,068 RSUs that vest on a single future date and convert one-for-one into shares, indicating non-cash equity compensation for board service. The report separately identifies a direct holding of 245,827 shares and significant indirect holdings through Pitango-managed funds (over 6.3 million aggregate across three funds). The repeated disclaimers of beneficial ownership are typical for fund managers and clarify legal exposure under Section 16 rather than altering actual voting arrangements disclosed.
TL;DR: Disclosure is thorough on vesting terms and fund affiliations; highlights governance links between director and major shareholder.
The form provides clear vesting terms for the RSUs and documents shared voting/dispositive power via Pitango GP across multiple affiliated funds. Such transparency is important for assessing potential conflicts and director incentives. The reporting person’s formal disclaimer of beneficial ownership for fund-held shares is consistent with private fund structures; however, the disclosure shows the director is connected to a material affiliated shareholder position, which is relevant for understanding board-shareholder relationships.