Yap Stephen Moore 4

What Happened
Yap Stephen Moore, Chief Revenue Officer of Perion Network Ltd. (PERI), sold 3,112 shares on 2026-05-01 at $10.44 per share, generating proceeds of $32,489. The filing lists the transaction as a sale (S), but a footnote clarifies the shares were withheld and sold by the issuer to satisfy tax withholding obligations tied to the vesting of restricted share units (RSUs). This type of sale is typically a routine, administrative action rather than an active market-timing decision by the insider.

Key Details

• Transaction date: 2026-05-01; Price: $10.44 per share.
• Shares sold: 3,112; Total proceeds: $32,489.
• Reason/footnote: F1 — shares withheld and sold by the issuer to satisfy tax withholding for vested RSUs.
• Filing date: 2026-05-04 (filed timely based on provided dates).
• Shares owned after transaction: Not specified in the provided filing details.

Context
Withholding-and-sale transactions tied to RSU vesting are common and usually intended to cover tax obligations; they do not necessarily indicate the insider’s view on the company’s outlook. For retail investors, purchases by insiders generally carry more informational weight than routine withholding sales like this one.