Form 4: Pagaya Technologies' Chief Technology Officer Sells Shares
SEC Form 4 Filing
Avital Pardo, Chief Technology Officer of Pagaya Technologies Ltd., sold 11,601 shares of Class A Ordinary Stock at an average price of $15.8253 on August 9, 2024.
Summary
- On August 9, 2024, Avital Pardo, the Chief Technology Officer of Pagaya Technologies Ltd., sold 11,601 shares of Class A Ordinary Stock.
- The shares were sold at a weighted average price of $15.8253.
- The sales occurred in multiple transactions with prices ranging from $15.60 to $16.25.
- Following the reported transaction, Pardo directly owns 433,125 shares of Pagaya Technologies Ltd.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a stock sale by an executive, which is neutral in sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of the stock sale transaction. |
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