Apollo Management GP, LLC 4
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Taboola (TBLA) 10% Owner Apollo Management Sells 12M Shares
What Happened Apollo Management Holdings GP, LLC (reported as a 10% owner) sold 12,000,000 shares of Taboola.com Ltd. (TBLA) on May 28, 2026, at $4.40 per share for a total proceeds of $52,800,000. The transaction is reported on a Form 4 filed June 1, 2026, and is coded as a sale (S), indicating a disposition of shares rather than a purchase.
Key Details
- Transaction date and price: 2026-05-28 — 12,000,000 shares at $4.40 each (total $52,800,000).
- Transaction type: Sale (S) — open market or private sale per the filing.
- Shares owned after transaction: Not specified in the excerpt provided.
- Footnotes: F1 and F2 reference Exhibit 99.1 for additional details.
- Timeliness: Form 4 was filed on 2026-06-01 for a 2026-05-28 trade; filing appears timely under standard Form 4 reporting rules.
Context This filing reports institutional selling by a 10% holder (Apollo Management), which is different from executive insider trading. Sales by large shareholders can be routine portfolio-management transactions and do not necessarily signal management outlook. The filing's footnotes point to Exhibit 99.1 for further detail; consult the full filing for any information on whether the sale was under a plan (e.g., 10b5-1), part of a negotiated private sale, or other arrangements.
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