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

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

Summary

• On February 16, 2025, Kristy Sundjaja, Chief People Officer of Taboola.com Ltd., disposed of 27,999 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 $3.95 per share.
• Following the transaction, Sundjaja directly owns 760,827 ordinary shares, which includes 309,663 ordinary shares.
• The holdings also include 69,019 RSUs vesting quarterly through 2026, 165,475 RSUs vesting quarterly through 2027, and 216,670 RSUs vesting quarterly through 2028, all subject to continued service.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate a significant change in the executive's overall holdings or confidence in the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the market.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders as it is a routine disposal for tax purposes.

Key Dates

Keywords

Form 4, Taboola, TBLA, Sundjaja Kristy, Chief People Officer, Share Disposal, Restricted Share Units, RSUs, Tax Withholding