Taboola (TBLA) COO receives 1.54M RSU grant tied to 2030 vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taboola.com Ltd. President and COO Maniv Eldad reported an equity award of 1,540,250 Restricted Share Units (RSUs) valued at $3.44 per ordinary share. The RSUs were granted under the 2021 Share Incentive Plan and vest in equal quarterly installments through 2030.
The RSUs convert into ordinary shares only after an additional time-based settlement condition that begins two years and one day after the grant date. Following this award, Eldad is reported with 11,932,710 ordinary shares and RSUs in total, including large existing holdings and shares held through a trust benefitting his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maniv Eldad
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,540,250 | $3.44 | $5.30M |
Holdings After Transaction:
Ordinary Shares — 11,932,710 shares (Direct)
Footnotes (1)
- Consists of Restricted Share Units ("RSUs") granted pursuant to the Issuer's 2021 Share Incentive Plan. The RSUs shall vest in equal quarterly installments through 2030, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The RSUs will not convert to ordinary shares until the satisfaction of an additional time-based settlement condition to occur on or after two years and one day following the date of grant. The settlement is not conditioned on the Reporting Person's provision of service on settlement date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 8,348,333 ordinary shares. Includes 248,213 RSUs which vested or shall vest in equal quarterly installments through 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The RSUs will not convert to ordinary shares until the satisfaction of an additional time-based settlement condition to occur on or after two years and one day following the date of grant. The settlement is not conditioned on the Reporting Person's provision of service on settlement date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 449,390 RSUs which vested or shall vest in equal quarterly installments through 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The RSUs will not convert to ordinary shares until the satisfaction of an additional time-based settlement condition to occur on or after two years and one day following the date of grant. The settlement is not conditioned on the Reporting Person's provision of service on settlement date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 1,346,524 RSUs which vested or shall vest in equal quarterly installments through 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The RSUs will not convert to ordinary shares until the satisfaction of an additional time-based settlement condition to occur on or after two years and one day following the date of grant. The settlement is not conditioned on the Reporting Person's provision of service on settlement date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 7,654,305 ordinary shares, including the ordinary shares underlying RSUs, as to which in November 2022 the Reporting Person irrevocably conveyed his rights to a trust for which the Reporting Person's spouse is the sole beneficiary. The Reporting Person disclaims beneficial ownership in such shares for the purpose of Section 16 of the Securities Exchange Act of 1934 ("Section 16"), except to the extent of his indirect pecuniary interest, if any, and his dispositive power, if any, therein. This report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
FAQ
What insider transaction did Taboola (TBLA) report for Maniv Eldad?
Taboola reported that President and COO Maniv Eldad received an equity award of 1,540,250 Restricted Share Units. These RSUs were granted under the 2021 Share Incentive Plan and represent the right to receive one ordinary share each upon future vesting and settlement.
How many RSUs did Taboola COO Maniv Eldad acquire and at what value?
Maniv Eldad acquired 1,540,250 RSUs, each valued at $3.44 per ordinary share. This award reflects a significant component of his equity-based compensation and ties his potential future share ownership to continued service and long-term vesting conditions.
What is the vesting schedule for the 1,540,250 Taboola RSUs granted to Maniv Eldad?
The 1,540,250 RSUs granted to Maniv Eldad vest in equal quarterly installments through 2030. Vesting is conditioned on his continued service to Taboola on each vesting date, aligning the award with multi-year executive retention and performance horizons.
What total Taboola holdings are reported for Maniv Eldad after this RSU grant?
After the grant, Maniv Eldad is reported with 11,932,710 ordinary shares and RSUs. This total includes existing ordinary shares, multiple prior RSU awards, and 7,654,305 ordinary shares held through a trust benefitting his spouse, over which he disclaims full beneficial ownership.