Form 4: Pagaya Technologies Executive Sanjiv Das Reports Stock Transactions

Sanjiv Das, President of Pagaya Technologies, reports acquisition and disposal of Class A Ordinary Shares related to RSU vesting.

Summary

• On April 1, 2025, Sanjiv Das, President of Pagaya Technologies Ltd., acquired 8,538 Class A Ordinary Shares upon vesting of Restricted Stock Units (RSUs).
• The acquisition price was $0.
• On April 2, 2025, Das disposed of 4,011 Class A Ordinary Shares at a price of $10.53 per share.
• The sale was to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Das directly owns 95,690 Class A Ordinary Shares and 25,614 derivative securities (RSUs).

Sentiment

Score: 5

Explanation: The document reflects standard insider trading activity related to executive compensation. It doesn't indicate any significant positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
• The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Sanjiv Das, Pagaya Technologies, PGY, Class A Ordinary Shares, RSU, Restricted Stock Units, Insider Trading, Beneficial Ownership, Tax Withholding