Form 4: Taboola.com Executive Lior Golan Executes Stock Options and Sells Shares Under 10b5-1 Plan

Lior Golan, Chief Technology Officer of Taboola.com Ltd., exercised stock options and sold shares on February 28, 2024, according to a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 28, 2024, Lior Golan, the Chief Technology Officer of Taboola.com Ltd., exercised options to acquire 1,177 ordinary shares at a price of $0.91 per share.
• Simultaneously, Golan sold 1,177 ordinary shares at a weighted average price of $4.93, with individual sales ranging from $4.92 to $4.95.
• These transactions were executed under a Rule 10b5-1 trading plan adopted on August 30, 2023.
• Following these transactions, Golan beneficially owns 2,545,291 ordinary shares, including 655,282 Restricted Share Units (RSUs) that vest quarterly through 2027.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports routine transactions under a pre-arranged plan. There is no indication of positive or negative implications for the company.

Future Outlook

The reporting person's future transactions may be governed by the Rule 10b5-1 trading plan.

Industry Context

Executive stock transactions are common and closely monitored, especially in the tech industry. Rule 10b5-1 plans are frequently used to allow insiders to sell shares without concerns about insider trading.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-planned nature mitigates concerns.

Key Dates