Form 4: Pagaya Technologies Executive Yahav Yulzari Sells Shares Under 10b5-1 Plan

Yahav Yulzari, Chief Business Officer of Pagaya Technologies, sold 20,754 Class B Ordinary Shares at a weighted average price of $15.1358 per share on May 14, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 14, 2025, Yahav Yulzari, the Chief Business Officer of Pagaya Technologies Ltd., sold 20,754 Class B Ordinary Shares.
• The sale was executed at a weighted average price of $15.1358 per share.
• The transactions occurred within a price range of $15.00 to $15.27.
• The sale was conducted under a pre-arranged 10b5-1 trading plan.
• Following the transaction, Yulzari still beneficially owns 4,207,675 shares.
• The Class B Ordinary Shares were converted to Class A Ordinary Shares upon sale.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.

Industry Context

Sales by company executives are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 plan indicates that the sales were arranged in advance.

Stakeholder Impact

• The sale of shares by an executive could have a minor negative impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Pagaya Technologies, Yahav Yulzari, Form 4, Share Sale, 10b5-1 Plan, PGY, Executive, Chief Business Officer