Marcus Joy Sharon 4

What Happened Marcus Joy Sharon, a director of Perion Network Ltd. (PERI), disposed of 1,689 shares on 2026-04-01 at $10.00 per share for a total of $16,890. The sale was an issuer withholding-and-sale to satisfy tax withholding obligations related to the vesting of restricted share units (RSUs), not an open-market decision by the insider.

Key Details

• Transaction date: 2026-04-01
• Price: $10.00 per share; Amount disposed: 1,689 shares; Gross value: $16,890
• Transaction code: S (sale); nature: shares withheld/sold to satisfy tax withholding on RSU vesting (Footnote F1)
• Filing date: 2026-04-06 (Form 4 accession 0001976408-26-000316)
• Shares owned after transaction: Not specified in the provided filing excerpt
• No late-filing flag indicated in the information provided

Context Sales to cover tax withholding on vested RSUs are common and typically reflect routine administrative actions rather than a deliberate liquidity decision by the insider. For retail investors, outright purchases generally provide stronger signals about insider sentiment than withholding sales.