President Sanjiv Das sells 13,301 shares for $269K

What did Pagaya Technologies Ltd. announce?

Pagaya President Sanjiv Das sold 13,301 Class A shares at $20.21 for $268,813, following the vesting of 23,750 restricted stock units on the same day.

Key details

• Sale of 13,301 Class A Ordinary Shares at $20.21, total $268,813.21, open-market transaction (code S)
• Same-day vesting and conversion of 23,750 restricted stock units at $0.00, leaving 47,500 RSUs outstanding
• Not made under a 10b5-1 trading plan
• Beneficial ownership after the transaction: 154,634.54 Class A shares held directly

Why it matters

This 4 reports an insider transaction at Pagaya Technologies Ltd.. The likely share-price reaction reads as neutral.

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All Pagaya Technologies Ltd. SEC filings →