Form 4: Taboola CEO Adam Singolda Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Adam Singolda, CEO of Taboola.com Ltd., reports the withholding of 91,456 ordinary shares to cover tax obligations related to vesting Restricted Share Units (RSUs).
Summary
- On August 16, 2024, Adam Singolda, the Founder and CEO of Taboola.com Ltd., had 91,456 ordinary shares withheld to satisfy tax obligations related to the vesting of previously awarded Restricted Share Units (RSUs).
- The shares were withheld at a price of $3.23 per share.
- Following the transaction, Singolda beneficially owns 14,675,453 ordinary shares.
- This total includes 11,959,635 ordinary shares and various tranches of RSUs vesting through 2028.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of transaction: withholding of shares for tax obligations. |
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