Perion Network Ltd.: director Marcus Joy Sharon sold 1,690 shares

What happened Marcus Joy Sharon, a director of Perion Network Ltd., sold 1,690 shares on Oct 1, 2026. The Form 4 reports a weighted average price of $8.71 per share (transactions ranged from $8.62 to $8.79) for total proceeds of $14,724. The transaction is reported as a sale (open market or private sale).

Key details

• Transaction date: Oct 1, 2026.
• Price: weighted average $8.71; range $8.62 to $8.79.
• Shares sold: 1,690; proceeds $14,724.
• Shares owned after the transaction: not reported on the Form 4.
• Footnotes: F1 states the shares sold were withheld and sold by the issuer to satisfy tax withholding in connection with the vesting of restricted share units; F2 notes the reported price is a weighted average and the shares were sold in multiple transactions.
• Form 4 filed Oct 5, 2026; no late filing is indicated in the filing.

Why it may matter The filing indicates the sale was to satisfy tax withholding obligations tied to RSU vesting rather than a voluntary open-market sell order by the insider. A filing does not show why the insider traded or why the company acted.