Walker Stephen C 4
Research Summary
AI-generated summary
Taboola (TBLA) CFO Stephen Walker Withholds 90,373 Shares for Taxes
What Happened
- Stephen C. Walker, Chief Financial Officer of Taboola.com Ltd. (TBLA), had 90,373 shares withheld to satisfy tax withholding obligations tied to the vesting of previously awarded Restricted Share Units (RSUs). The shares were valued at $3.36 each, totaling $303,653. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-02-16; share price used: $3.36; total value withheld: $303,653.
- Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting).
- Shares owned / reported beneficial ownership: report indicates holdings “include 954,953 ordinary shares.”
- Footnotes: F1 confirms shares were withheld to satisfy tax obligations and that no shares were sold on the open market. F3–F5 detail remaining RSU schedules: 148,928 RSUs vesting through 2027, 320,993 vesting through 2028, and 721,352 vesting through 2029 (each RSU converts to one ordinary share upon vesting and settlement).
- Filing: Form 4 was filed with an accession date of 2026-02-19 reporting the 2026-02-16 transaction; the form does not indicate any special disclosure (no 10b5‑1 or gift noted).
Context
- This is a routine tax-withholding action tied to RSU vesting (transaction code F). Such withholdings reduce the insider’s outstanding vested shares to cover tax liabilities and do not necessarily indicate buying or selling intent in the market.