Form 4: Harvey Golub Reports Changes in Beneficial Ownership of Pagaya Technologies Ltd.

Director Harvey Golub reports acquisition of Class A Ordinary Shares and Restricted Stock Units in Pagaya Technologies Ltd.

Summary

• Harvey Golub, a director of Pagaya Technologies Ltd., filed a Form 4 indicating changes in his beneficial ownership of the company's securities.
• On June 13, 2024, Golub acquired 2,828 Class A Ordinary Shares at $0 and 2,828 Restricted Stock Units.
• Following this transaction, he directly owned 8,484 Class A Ordinary Shares and 2,828 Restricted Stock Units.
• On September 13, 2024, Golub acquired 2,828 Class A Ordinary Shares at $0 and 2,828 Restricted Stock Units.
• Following this transaction, he directly owned 11,312 Class A Ordinary Shares and 0 Restricted Stock Units.
• 1/4th of the total 11,312 restricted stock units initially subject to this award vested on December 13, 2023, and 1/4th of the total units initially subject to this award vested every three months thereafter.
• Golub also granted a power of attorney to Natalie Wilmore and Eric Watson to act on his behalf for Section 16 filings.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of shares by a director could be interpreted positively by investors.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for individuals with significant holdings in publicly traded companies, providing transparency to the market.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key company director.

Key Dates