Taboola.com Ltd.·4

Feb 19, 7:05 PM ET

Sundjaja Kristy 4

Research Summary

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Taboola (TBLA) CPO Kristy Sundjaja Withholds 40,879 Shares for Taxes

What Happened

  • Kristy Sundjaja, Taboola's Chief People Officer, had 40,879 ordinary shares withheld to satisfy tax withholding obligations related to the vesting of previously awarded RSUs. The withholding was recorded at $3.36 per share, for a total value of $137,353. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-02-16; filing date: 2026-02-19.
  • Shares withheld: 40,879 at $3.36 each; total value reported $137,353.
  • Shares owned after transaction: filing reports beneficial ownership that includes 464,674 ordinary shares (per footnote).
  • Footnotes of note:
    • F1: Shares were withheld to satisfy tax obligations from RSU vesting; no shares were sold.
    • F3–F5: The filing discloses outstanding RSUs: 82,738 vesting quarterly through 2027; 144,447 vesting quarterly through 2028; and 309,151 vesting quarterly through 2029. Each RSU converts to one ordinary share upon vesting/settlement.
  • Filing timeliness: transaction dated Feb 16 with Form 4 filed Feb 19 (see filing for any late-filing designation).

Context

  • This action is a routine tax-withholding event tied to RSU vesting (a code F transaction). Because no shares were sold on the open market, it does not reflect a trade decision to realize gains or to buy more stock. Retail investors typically view tax-withholdings as administrative and not an indicator of insider sentiment.