Form 4: Eyal Kaplan Sells Perion Network Shares

Director Eyal Kaplan reported a sale of 2,916 ordinary shares in Perion Network Ltd. for $9.77 per share, totaling $28,497.02, to cover tax withholding obligations.

Summary

• Eyal Kaplan, a Director at Perion Network Ltd., reported a transaction on July 1, 2026.
• The transaction involved the sale of 2,916 ordinary shares.
• These shares were sold at a price of $9.77 per share, for a total value of $28,497.02.
• The sale was to satisfy tax withholding obligations related to the vesting of restricted share units.
• Following this transaction, Kaplan beneficially owns 54,142 ordinary shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale of shares by a director is to cover tax obligations related to equity vesting, a routine occurrence.

Negatives

• Director Eyal Kaplan sold a portion of his holdings in Perion Network Ltd.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that insider sales, particularly those to cover tax obligations, are common events for executives and directors upon the vesting of equity awards. This transaction for Perion Network Ltd. (PERI) appears to be a standard event rather than an indicator of negative sentiment towards the company's prospects.

Stakeholder Impact

• Shareholders: The sale is by a director to cover taxes, not necessarily indicating a lack of confidence in the company's future performance, thus the impact is likely minimal.

Key Dates

Keywords

Perion Network Ltd., PERI, Form 4, Insider Transaction, Share Sale, Director, Tax Withholding, Restricted Share Units