Research Summary
AI-generated summary of this SEC filing
Wix CTO Even-Haim Yaniv Buys and Sells 320 Shares
What Happened
Even-Haim Yaniv, Chief Technology Officer of Wix.com Ltd. (WIX), purchased 320 ordinary shares under the company's ESPP on August 31, 2026 at $59.89 each (total cost $19,165), and then sold 320 shares in an open-market transaction on September 1, 2026 at $95.00 each (proceeds $30,400). The purchase was an ESPP acquisition; the sale occurred the next trading day.
Key Details
- Transactions: Purchase (P) 320 shares @ $59.89 on 2026-08-31 (total $19,165); Sale (S) 320 shares @ $95.00 on 2026-09-01 (proceeds $30,400).
- Footnote: F1 — shares acquired under the Wix.com Ltd. Amended and Restated 2013 Employee Share Purchase Plan (ESPP) on August 31, 2026.
- Shares owned after transaction: Not specified in the provided Form 4 summary.
- Filing date: Form 4 filed 2026-09-02; no late filing is indicated in the provided data.
Context
The purchase was through the company’s ESPP (employee share purchase plan), which lets employees buy company stock—often at a discount—typically via payroll contributions. The nearly immediate sale (next trading day) simply records the disposition of the shares; filings don’t state motivations. Purchases can be seen as more informative than routine sales, but this Form 4 only documents the transactions, not intent.