Form 4: Taboola CFO Stephen Walker Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Stephen Walker, CFO of Taboola.com Ltd., reports the withholding of 8,440 ordinary shares to cover tax obligations related to vesting RSUs on June 1, 2024.
Summary
- On June 1, 2024, Stephen Walker, the Chief Financial Officer of Taboola.com Ltd., had 8,440 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 $4.01 per share.
- Following the transaction, Walker beneficially owns 1,577,558 ordinary shares.
- This total includes 378,260 ordinary shares and several tranches of RSUs vesting through 2028.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation. It is neutral in sentiment as it simply reports the withholding of shares for tax purposes.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves the withholding of shares for tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of share withholding for tax obligations. |
| 06/03/2024 | Date of signature on the Form 4 filing. |
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