Taboola (NASDAQ: TBLA) CPO has shares withheld to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taboola.com Ltd. Chief People Officer Kristy Sundjaja reported a tax-related share disposition, not an open‑market sale. On this Form 4, 50,416 ordinary shares were withheld at $4.99 per share to satisfy tax obligations triggered by vesting of previously granted RSUs. A footnote clarifies that no shares were sold and the event simply covered taxes on equity compensation. After this withholding, Sundjaja directly owns 1,490,942 ordinary shares, along with multiple outstanding RSU awards scheduled to vest in quarterly installments through 2030, each convertible into one ordinary share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sundjaja Kristy
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 50,416 | $4.99 | $252K |
Holdings After Transaction:
Ordinary Shares — 1,490,942 shares (Direct, null)
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 474,210 ordinary shares. Includes 62,054 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 126,391 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 283,388 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 544,899 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.
Key Figures
Shares withheld for taxes: 50,416 shares
Withholding price per share: $4.99 per share
Shares owned after transaction: 1,490,942 shares
+4 more
7 metrics
Shares withheld for taxes
50,416 shares
Tax-withholding disposition on RSU vesting
Withholding price per share
$4.99 per share
Value used for 50,416 withheld shares
Shares owned after transaction
1,490,942 shares
Direct ordinary shares following tax withholding
RSUs vesting through 2027
62,054 RSUs
Quarterly vesting through 2027, one share per RSU
RSUs vesting through 2028
126,391 RSUs
Quarterly vesting through 2028, one share per RSU
RSUs vesting through 2029
283,388 RSUs
Quarterly vesting through 2029, one share per RSU
RSUs vesting through 2030
544,899 RSUs
Quarterly vesting through 2030, one share per RSU
Key Terms
Restricted Share Units ("RSUs"), tax withholding obligations, tax-withholding disposition, vesting, +1 more
5 terms
tax withholding obligations financial
"shares were withheld to satisfy tax withholding obligations in connection"
tax-withholding disposition financial
"transaction_action":"tax-withholding disposition","transaction_code_description""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting financial
"RSUs which shall vest in equal quarterly installments through 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
equal quarterly installments financial
"RSUs which shall vest in equal quarterly installments through 2030"
FAQ
What insider transaction did Taboola (TBLA) report for Kristy Sundjaja?
Taboola reported that Chief People Officer Kristy Sundjaja had 50,416 ordinary shares withheld to cover tax obligations from vesting RSUs. This Form 4 notes it was a tax-withholding disposition, with no open-market sale of shares involved in the transaction.
What RSU awards are outstanding for Kristy Sundjaja at Taboola (TBLA)?
The filing states Sundjaja holds several RSU awards, including blocks of 62,054, 126,391, 283,388, and 544,899 RSUs. These RSUs vest in equal quarterly installments through years ranging from 2027 to 2030, each convertible into one ordinary share upon vesting and settlement.