Kaplan Eyal 4

What Happened

• Eyal Kaplan, a director of Perion Network Ltd. (PERI), sold 2,915 shares on April 1, 2026, at $10.00 per share, for total proceeds of $29,150. This was a sale (not a purchase) and the filing indicates the shares were sold to cover tax withholding obligations tied to the vesting of restricted share units (RSUs), a routine administrative transaction rather than an active divestiture for investment reasons.

Key Details

• Transaction date and price: 2026-04-01 — 2,915 shares sold at $10.00 each.
• Total proceeds: $29,150.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: The shares sold were withheld and sold by the issuer to satisfy tax withholding on RSU vesting (Footnote F1).
• Filing timeliness: Report filed 2026-04-06. Form 4 is normally due within two business days of the transaction (so this filing appears to have been submitted late).

Context

• The sale was a tax-withholding sale tied to RSU vesting, which is common and typically not read as a sentiment signal about the company’s prospects. There is no indication of an open-market decision to lock in gains beyond satisfying withholding obligations.