Taboola CEO Adam Singolda Withholds Shares for RSU Taxes; 16.08M Owned
Rhea-AI Filing Summary
Adam Singolda, Founder, CEO and Director of Taboola.com Ltd. (TBLA), reported a transaction dated 08/16/2025 in which 169,758 ordinary shares were withheld to satisfy tax withholding obligations related to the vesting of previously awarded Restricted Share Units (RSUs); no shares were sold in the transaction. After the withholding, the reporting person beneficially owns 16,075,588 ordinary shares in total. The filing breaks down outstanding and unvested RSUs: 179,656 vest quarterly through 2026, 575,854 vest through 2027, 869,356 vest through 2028, and 1,683,154 vest through 2029. The form is signed by an attorney-in-fact on behalf of the reporting person on 08/18/2025.
Positive
- No open-market sale occurred; 169,758 shares were withheld solely to satisfy tax withholding on vested RSUs
- Substantial retained ownership: the reporting person beneficially owns 16,075,588 ordinary shares after the transaction
- Clear disclosure of RSU schedules and amounts vesting through 2029 provides transparency on future equity issuance
Negative
- Material future vesting: a total of 3,307,020 RSUs remain unvested across 2026–2029 (179,656 + 575,854 + 869,356 + 1,683,154), which will convert to shares over time
- Potential dilution from multi-year RSU vesting as disclosed could increase share count when vested and settled
Insights
TL;DR: Insider withheld shares for taxes; retains substantial ownership of 16.08 million shares.
The report shows a typical post-vesting tax-withholding event rather than an open-market sale, indicating the insider did not reduce economic exposure to Taboola through a disposition. The total beneficial ownership of 16,075,588 shares remains substantial, and the disclosed schedule of RSU vesting through 2029 indicates additional share issuance is expected over multiple years as units vest. For investors, the filing documents ownership levels and the timeline of incremental equity-based compensation coming to market.
TL;DR: Filing is a routine disclosure of tax withholding on vested RSUs; long-term vesting schedule extends through 2029.
This Form 4 documents a non-sale disposal used solely to satisfy tax obligations arising from RSU vesting. The presence of multi-year RSU tranches (2026–2029) reflects ongoing equity compensation for the CEO, which is common but important for evaluating executive incentives and potential future dilution. The filing is properly executed by an attorney-in-fact and clearly itemizes the outstanding RSUs and direct beneficial ownership.