Dobres Jonathan 4

What Happened
Jonathan Dobres, Chief Financial Officer of Pagaya Technologies (PGY), was granted 34,995 restricted stock units (RSUs) on July 1, 2026. The RSUs were reported as acquired at a $0.00 price (typical for awards) and are classified as a derivative award rather than an open-market purchase.

Key Details

• Transaction date: July 1, 2026 (Form 4 filed July 2, 2026).
• Security: 34,995 restricted stock units (derivative).
• Price: $0.00 per RSU (award/grant).
• Vesting: Eight equal quarterly installments beginning September 15, 2026 (per footnote).
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding, or late filing flag noted in the supplied information.

Context
RSU grants are common compensation for executives and represent future equity contingent on continued service (vesting schedule noted). They are an award rather than a buy or sell transaction, so they aren’t a direct market-confidence signal like a purchase or sale.