1,089,799-share RSU grant to Taboola (NASDAQ: TBLA) CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walker Stephen C reported acquisition or exercise transactions in this Form 4 filing.
Taboola.com Ltd. reported that Chief Financial Officer Stephen C. Walker received a grant of 1,089,799 Restricted Share Units (RSUs) tied to the company’s ordinary shares. The award was made at a reference price of $3.44 per share and is part of Taboola’s 2021 Share Incentive Plan.
The new RSUs vest in equal quarterly installments through 2030, as long as Walker continues providing services to the company on each vesting date. After this grant, he holds 3,236,025 ordinary shares and RSUs in total, including several prior RSU awards that vest gradually through 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walker Stephen C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,089,799 | $3.44 | $3.75M |
Holdings After Transaction:
Ordinary Shares — 3,236,025 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 954,953 ordinary shares. Includes 148,928 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 320,993 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 721,352 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.