Form 4: Taboola Director Zvi Limon Acquires Shares in Open Market Transaction

Director Zvi Limon of Taboola.com Ltd. purchased 23,095 ordinary shares at an average price of $3.18, increasing his indirect holdings.

Summary

• Zvi Limon, a director at Taboola.com Ltd., acquired 23,095 ordinary shares on November 20, 2024.
• The shares were purchased at a weighted average price of $3.18, with individual trades ranging from $3.17 to $3.20.
• Following the transaction, Limon's indirect holdings increased to 2,818,877 shares held through a trust where his spouse is the beneficiary.
• Limon also directly owns 187,759 ordinary shares, which includes 59,172 Restricted Share Units (RSUs) that will vest on May 1, 2025, subject to continued service.

Sentiment

Score: 6

Explanation: The document reflects a routine insider transaction. While the purchase is a positive signal, it's not a major event that would drastically alter sentiment.

Positives

• The director's purchase of shares could be seen as a positive signal of confidence in the company's future.
• The purchase increases the director's stake in the company, aligning his interests with those of other shareholders.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of directors and officers.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transaction is typical for directors who may acquire shares through open market purchases or grants of restricted stock units.
• The reporting requirements are consistent with SEC regulations for insider trading.

Stakeholder Impact

• The share purchase may have a minor positive impact on shareholder sentiment.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Taboola, insider trading, share purchase, director, Zvi Limon, ordinary shares, restricted share units, RSU, beneficial ownership