TBLA.NASDAQTaboolacom LTD

Form 4: Taboola.com Executive Kristy Sundjaja Reports Share Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing

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Kristy Sundjaja, Chief People Officer at Taboola.com Ltd., disposed of 40,880 ordinary shares to cover tax obligations related to vesting Restricted Share Units (RSUs).

Summary

  • On May 16, 2025, Kristy Sundjaja, Chief People Officer of Taboola.com Ltd., disposed of 40,880 ordinary shares to satisfy tax withholding obligations related to the vesting of previously awarded Restricted Share Units (RSUs).
  • The shares were disposed of at a price of $3.39 per share.
  • Following the transaction, Sundjaja beneficially owns 1,132,148 ordinary shares, which includes 350,540 ordinary shares and several tranches of RSUs vesting through 2029.
  • The RSUs represent the right to receive one ordinary share upon vesting and settlement, contingent on continued service to the Issuer.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no apparent negative implications for the company. The sentiment is neutral to slightly positive as it indicates ongoing vesting of RSUs, aligning executive interests with company performance.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to executive compensation.

Key Dates

DateDescription
05/16/2025Date of transaction: Disposal of shares to cover tax obligations.
05/20/2025Date of signature by Attorney-in-fact.

Keywords

Form 4, Beneficial Ownership, Kristy Sundjaja, Taboola, TBLA, RSU, Tax Withholding

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