Sanjiv Das - 01 Apr 2025 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role: President
Signature: /s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol: PGY
Transactions as of: 01 Apr 2025
Net transactions value: -$42,236
Form type: 4
Filing time: 03 Apr 2025, 16:08:40 UTC
Previous filing: 13 Mar 2025
Next filing: 17 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGY	Class A Ordinary Share	Award	$0	+8,538	+9.4%	$0.000000	99,701	01 Apr 2025	Direct
transaction	PGY	Class A Ordinary Share	Sale	$42,236	-4,011	-4%	$10.53	95,690	02 Apr 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PGY	Restricted Stock Unit	Options Exercise	$0	-8,538	-25%	$0.000000	25,614	01 Apr 2025	Class A Ordinary Share	8,538	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Sale of securities was necessary to satisfy tax withholding obligations arising exclusively from the quarterly vesting of a compensatory award.
F2	1/4th of the total 68,306 RSUs initially subject to this award vested on October 1, 2024, 1/4th vested on January 1, 2025 and the remaining RSUs shall vest over the following four quarters in four equal installments.