Krubiner Gal 4
Research Summary
AI-generated summary
Pagaya Technologies (PGY) CEO Gal Krubiner Buys 16,230 Shares
What Happened
Gal Krubiner, CEO of Pagaya Technologies Ltd. (PGY), made an open-market purchase of 16,230 shares on June 24, 2026. The weighted average price was $15.43 per share (total cost ≈ $250,468). This was a purchase (insider acquisition), which many investors view as a more informative sign than routine sales.
Key Details
- Transaction date: 2026-06-24 (reported on Form 4 filed 2026-06-25).
- Transaction type: Open-market purchase (code P).
- Shares purchased: 16,230.
- Weighted average price: $15.43 per share; price range across multiple trades was $15.409–$15.44 (footnote F1).
- Total reported value: approximately $250,468.
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Filing timeliness: Reported the next day (no indication of a late filing).
- Footnote: The filer can provide a breakdown of the number of shares bought at each specific price within the stated range upon request (per F1).
Context
This was a straightforward open-market purchase, not an option exercise, gift, or company award. Purchases by executives are often watched by retail investors as a sign of confidence, but they do not prove future performance. The price reported is a weighted average across multiple trades; detailed per-trade pricing can be requested from the filer or the SEC staff as noted in the footnote.