Perion Network Ltd.: director Michael Vorhaus sold 2,161 shares

What happened Michael Vorhaus, director, sold 2,161 ordinary shares on Oct 1, 2026, for total reported proceeds of $18,827 at a weighted average price of $8.71.

Key details

• Transaction date: Oct 1, 2026.
• Transaction type: sale (S).
• Price: weighted average $8.71; individual trades ranged from $8.62 to $8.8029 (footnote).
• Proceeds: $18,827.
• Footnote: 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 (F1).
• Footnote: reporting person may provide per-trade prices on request; the $8.71 is a weighted average (F2).
• Form 4 filed on Oct 5, 2026. The filing shows the transaction date and the filing date; it does not indicate a late filing flag.

Why it may matter The filing indicates the shares were withheld and sold to satisfy tax withholding on vested restricted share units, rather than a separate discretionary open-market sale. This filing does not show why the insider traded or why the company acted.