[Form 4] Taboola.com Ltd. Insider Trading Activity
Maniv Eldad, President and COO of Taboola.com Ltd. (TBLA), reported a sale of ordinary shares executed on 08/06/2025 under a Rule 10b5-1 trading plan adopted March 17, 2025. The Form 4 shows 2,100 shares sold in multiple trades at prices ranging from $3.76 to $3.78, with the reported weighted average sale price of $3.76. The filing states the sales were made in connection with the Reporting Person's tax obligations.
The report shows 10,817,321 ordinary shares beneficially owned following the transaction and details several RSU pools: 179,656 RSUs vesting through 2026, 434,373 RSUs through 2027, 898,780 RSUs through 2028 and 1,346,524 RSUs through 2029. It also discloses an irrevocable conveyance in November 2022 of certain shares to a trust for which the Reporting Person's spouse is sole beneficiary, and a disclaimer of beneficial ownership for Section 16 purposes except to the extent of any indirect pecuniary interest.
- Sale executed under a Rule 10b5-1 trading plan, reducing concerns about opportunistic insider timing
- Reporting Person retains significant ownership: 10,817,321 ordinary shares beneficially owned after the transaction
- Clear RSU disclosure showing vesting schedules through 2029, which informs future share issuance timing
- None.
Insights
TL;DR: Routine 10b5-1 sale for tax reasons; transaction is small relative to total holdings and follows a pre-established plan.
The Form 4 documents a sale executed pursuant to a Rule 10b5-1 plan and explicitly ties the transactions to tax obligations, which reduces concerns about opportunistic timing. The number sold (2,100 shares) is modest relative to the reported 10,817,321 shares beneficially owned, suggesting limited corporate governance or control implications. The irrevocable conveyance to a spouse-beneficiary trust and the Section 16 disclaimer are disclosed, clarifying ownership boundaries for regulatory purposes.
TL;DR: Insider sales executed to satisfy tax liabilities under a pre-existing plan; vesting schedules show substantial future share settlements.
The filing states the sales address tax obligations and were made under a 10b5-1 plan adopted on March 17, 2025, indicating pre-planned execution. Price execution ranged $3.76–$3.78 with a weighted average of $3.76. Multiple RSU tranches totaling over 2.8 million RSUs across 2026–2029 remain subject to vesting or additional settlement conditions, which may result in future share increases when vested and settled.