Taboola (NASDAQ: TBLA) awards 581,226 RSUs to chief people officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sundjaja Kristy reported acquisition or exercise transactions in this Form 4 filing.
Taboola.com Ltd. reported that Chief People Officer Kristy Sundjaja received a grant of 581,226 Restricted Share Units (RSUs) of ordinary shares at a reference price of $3.44 per share. These new RSUs vest in equal quarterly installments through 2030, contingent on continued service. After this award, Sundjaja directly holds 1,582,236 ordinary shares and RSUs in total, including previously granted RSUs that vest quarterly through 2027, 2028, and 2029 and 464,674 already issued ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sundjaja Kristy
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 581,226 | $3.44 | $2.00M |
Holdings After Transaction:
Ordinary Shares — 1,582,236 shares (Direct)
Footnotes (1)
- Consists of Restricted Share Units ("RSUs") granted pursuant to the Issuer's 2021 Share Incentive Plan. The RSUs shall vest in equal quarterly installments through 2030, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 464,674 ordinary shares. Includes 82,738 RSUs which shall vest in equal quarterly installments through 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 144,447 RSUs which shall vest in equal quarterly installments through 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement. Includes 309,151 RSUs which shall vest in equal quarterly installments through 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
FAQ
What insider transaction did Taboola (TBLA) disclose for Kristy Sundjaja?
Taboola disclosed that Chief People Officer Kristy Sundjaja received a grant of 581,226 RSUs at $3.44 per share. The award increases her total direct holdings to 1,582,236 ordinary shares and RSUs combined, reflecting ongoing equity-based compensation tied to continued service.
How do the 581,226 new RSUs for Taboola’s CPO vest over time?
The 581,226 new RSUs vest in equal quarterly installments through 2030, subject to Kristy Sundjaja continuing to provide services. Each RSU converts into one ordinary share upon vesting and settlement, spreading potential share delivery over several years of employment.
What equity holdings does Kristy Sundjaja report after this Taboola Form 4?
After the grant, Kristy Sundjaja reports 1,582,236 ordinary shares and RSUs in total. This includes 464,674 ordinary shares plus multiple RSU tranches scheduled to vest quarterly through 2027, 2028, 2029, and 2030, all conditioned on continued service.
What earlier RSU grants to Taboola’s CPO are referenced in this filing?
The filing notes prior RSU grants of 82,738 units vesting quarterly through 2027, 144,447 units vesting through 2028, and 309,151 units vesting through 2029. Each RSU represents one ordinary share upon vesting and settlement, adding to long-term, service-based compensation.