Perion Network Ltd.·4

Jul 2, 11:22 AM ET

Kaplan Eyal 4

Research Summary

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Perion (PERI) Director Eyal Kaplan Sells 2,916 Shares

What Happened
Eyal Kaplan, a director of Perion Network Ltd. (PERI), reported a sale of 2,916 shares on 2026-07-01 at $9.77 per share, totaling $28,489. The transaction is reported as a sale (S) and was undertaken to satisfy tax withholding obligations related to the vesting of restricted share units.

Key Details

  • Transaction date and price: 2026-07-01 at $9.77 per share.
  • Shares sold / value: 2,916 shares for $28,489 total.
  • Shares owned after transaction: Not disclosed in the filing.
  • Footnote: F1 — "The shares sold represent shares withheld and sold by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted share units."
  • Filing: Form 4 filed 2026-07-02 (timely relative to the 2026-07-01 transaction).
  • Transaction code: S (Sale).

Context
This sale was a tax-withholding sale tied to RSU vesting rather than an independent open-market disposal intended as an investment signal. Such withholding sales are routine and do not necessarily reflect the insider’s view on the company’s prospects.