Taboola (TBLA) people chief sells 40,878 shares under 10b5-1 plan
Rhea-AI Filing Summary
Taboola.com Ltd. Chief People Officer Kristy Sundjaja sold 40,878 ordinary shares of TBLA in an open-market transaction at a weighted average price of $5.00 per share. After the sale, she directly holds 1,541,358 ordinary shares.
The filing notes that this sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person. Her holdings include 423,796 ordinary shares and multiple blocks of RSUs that vest in equal quarterly installments through 2030, each RSU convertible into one ordinary share upon vesting and settlement.
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Insights
Routine 10b5-1 sale of shares by Taboola’s Chief People Officer.
The filing shows Chief People Officer Kristy Sundjaja executed an open-market sale of 40,878 Taboola ordinary shares at a weighted average of $5.00 per share. The transaction is coded as an open-market sale and reduces her direct holdings to 1,541,358 ordinary shares.
Importantly, the sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan, which indicates the timing was scheduled in advance rather than opportunistic. The footnotes also highlight substantial remaining equity exposure through existing shares and RSUs vesting in quarterly installments through 2030, suggesting ongoing long-term alignment via equity-based compensation.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 40,878 | $5.00 | $204K |
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2025. This transaction was executed in multiple trades at prices ranging from $5.00 to $5.02. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. Includes 423,796 ordinary shares. Includes 82,738 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 144,447 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 309,151 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 581,226 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.