Singolda Adam 4
Research Summary
AI-generated summary
Taboola CEO Adam Singolda Sells 169,758 Shares (Tax Withholding)
What Happened
Adam Singolda, Founder, CEO and a director of Taboola.com Ltd. (TBLA), had 169,758 ordinary shares withheld to satisfy tax withholding obligations in connection with the vesting of previously awarded RSUs. The withholding was recorded at $3.36 per share for a total value of approximately $570,387. According to the filing, no shares were sold on the open market—this was a tax-withholding event (Form 4 transaction code F).
Key Details
- Transaction date: 2026-02-16; Form filed: 2026-02-19 (filed three days after the transaction; Form 4 is generally due within two business days).
- Withheld shares: 169,758 at $3.36 per share; total value ≈ $570,387.
- Reported holdings after the transaction: includes 13,113,374 ordinary shares (per filing).
- Unvested RSUs included in holdings: 383,903 RSUs vesting through 2027; 695,484 RSUs vesting through 2028; 1,442,704 RSUs vesting through 2029. Each RSU converts to one ordinary share upon vesting.
- Footnote: F1 clarifies shares were withheld to satisfy tax obligations; no open-market sale occurred.
Context
This transaction is a routine tax-withholding event tied to RSU vesting rather than a discretionary sale or purchase. Such withholdings reduce the number of shares delivered to the insider but do not directly signal buying or selling intent in the market.