4/A: Pagaya Technologies Director Alison Davis Amends Filing to Clarify Indirect Ownership of Shares
SEC Filing (Form 4/A)
Alison Davis, a director at Pagaya Technologies, amended a previous SEC filing to clarify that her holdings of Class A Ordinary Shares are indirectly held through Fifth Era LLC.
Summary
- Alison Davis, a director of Pagaya Technologies Ltd., filed an amendment to a previous Form 4 filing.
- The amendment clarifies that the 18,750 Class A Ordinary Shares are indirectly owned through Fifth Era LLC, a limited liability company wholly owned by Davis and her spouse.
- The original transaction date was December 22, 2024, with the amendment filed on February 4, 2025.
- The shares were acquired as restricted stock units that vest pro rata on April 1, July 1, and October 1 following the award commencement date.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply clarifies the nature of ownership. The score is slightly positive as it shows compliance and transparency.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 12/22/2024 | Date of the original transaction (acquisition of shares). |
| 01/02/2025 | Date of Original Filed. |
| 02/04/2025 | Date of the amendment filing. |
| April 1, July 1, October 1 | Vesting dates for the restricted stock units. |
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