Yulzari Yahav 4

What Happened

• Yulzari Yahav, Chief Executive Officer of Pagaya Technologies Ltd. (PGY), received a grant of 185,000 Restricted Stock Units (RSUs) on April 1, 2026. The grant is reported as a derivative award (transaction code A) at $0.00 per share (no immediate cash purchase or sale). This is an equity award that vests over time rather than an open-market purchase or sale.

Key Details

• Transaction date: April 1, 2026. Report filed with the SEC on April 8, 2026 (timeliness flagged as late).
• Award size and price: 185,000 RSUs; reported price $0.00; reported value $0 (RSU grants are not an immediate cash transaction).
• Vesting: The grant vests in eight equal quarterly installments beginning June 25, 2026 (per footnote).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing note: Footnote states the Form 4 was reported late due to an inadvertent administrative delay and not due to an error by the reporting person.

Context

• RSUs are a form of restricted equity that convert into actual shares only as they vest; they do not represent immediate sales or purchases and typically reflect compensation or retention incentives. The late filing is disclosed in the filing’s footnote; the substance of the award (size and vesting schedule) is still disclosed for investors.