TBLA.NASDAQTaboolacom LTD

Form 4: Taboola Director Lynda M. Clarizio Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Lynda M. Clarizio, a director of Taboola.com Ltd., reported the acquisition of 59,172 ordinary shares and the disposal of 205,764 ordinary shares on August 9, 2024.

Summary

  • On August 9, 2024, Lynda M. Clarizio, a director of Taboola.com Ltd., reported changes in her beneficial ownership of the company's securities.
  • She acquired 59,172 ordinary shares.
  • She disposed of 205,764 ordinary shares.
  • Following these transactions, the total number of ordinary shares beneficially owned by Clarizio is 205,764.
  • The 59,172 shares were acquired through Restricted Share Units (RSUs) granted in connection with her service on the Issuer's Board of Directors.
  • 100% of the RSUs shall vest on May 1, 2025, subject to the Reporting Person's continuous service through the vesting date.
  • Each RSU represents the right to receive one ordinary share upon vesting and settlement.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The director's future ownership will be affected by the vesting of RSUs on May 1, 2025, contingent on continued service.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of a company director.
  • It may influence investor perception of the company based on the director's buying and selling activity.

Key Dates

DateDescription
08/09/2024Date of transaction: acquisition and disposal of ordinary shares.
05/01/2025Vesting date for 100% of the Restricted Share Units (RSUs), subject to continuous service.
08/13/2024Date of signature for the Form 4 filing.

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