Taboola.com (TBLA) CPO reports RSU tax-withholding of 40,879 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taboola.com Ltd. Chief People Officer Kristy Sundjaja reported a Form 4 showing a tax-related share disposition. On the transaction date, 40,879 ordinary shares at a value of $3.36 per share were withheld to cover tax obligations tied to vesting restricted share units, and no shares were sold on the market.
After this withholding, Sundjaja directly owned 1,001,010 ordinary shares, which includes 464,674 ordinary shares and several blocks of RSUs that vest in equal quarterly installments through 2027, 2028 and 2029, each RSU convertible into one ordinary share upon vesting and settlement.
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 |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 40,879 | $3.36 | $137K |
Holdings After Transaction:
Ordinary Shares — 1,001,010 shares (Direct)
Footnotes (1)
- These shares were withheld to satisfy tax withholding obligations in connection with the vesting of previously awarded Restricted Share Units ("RSUs"). No shares were sold. 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 did Taboola.com (TBLA) disclose in this Form 4 for Kristy Sundjaja?
Taboola.com reported that Chief People Officer Kristy Sundjaja had 40,879 ordinary shares withheld to satisfy tax obligations from vesting RSUs. No shares were sold on the open market, and this is an administrative tax-withholding transaction rather than a discretionary trade.
What RSU awards does Kristy Sundjaja hold at Taboola.com (TBLA)?
Kristy Sundjaja holds several RSU grants, including blocks of 82,738, 144,447 and 309,151 RSUs. These RSUs vest in equal quarterly installments through 2027, 2028 and 2029, with each RSU representing the right to receive one ordinary share upon vesting and settlement.
What does transaction code F mean in Kristy Sundjaja’s Taboola.com (TBLA) Form 4?
Transaction code F indicates a tax-withholding disposition. In this case, shares were withheld to pay tax liabilities arising from RSU vesting. The filing clarifies that this code reflects payment of tax obligations by delivering securities, rather than a voluntary buy or sell order.