Nicole Torraco - 14 Nov 2024 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Reporting relationship: Director
Issuer ticker: PGY
Reported as of: 14 Nov 2024
Net transaction value: -$21,161
SEC form: 4
Accepted by SEC: 18 Nov 2024, 17:01:21 UTC
Prior SEC filing: 25 Oct 2024
Source filing: View source filing
Reporting owner signature: /s/ Natalie Wilmore, Attorney-in-Fact

Key filing fact

Nicole Torraco filed Form 4 for Pagaya Technologies Ltd. (PGY) on 18 Nov 2024.

Key facts

This page summarizes Nicole Torraco's Form 4 filing for Pagaya Technologies Ltd. (PGY).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 18 Nov 2024, 17:01.

Change

Previous filing in this sequence was filed on 25 Oct 2024.
Current net transaction value: -$21,161.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PGY transaction

Class A Ordinary Share

Award

Transaction value: $0
Shares: +4,743
Change %: +67%
Price: $0.000000
Shares after: 11,858
Date: 14 Nov 2024
Ownership: Direct

PGY transaction

Class A Ordinary Share

Sale

Transaction value: $21,161
Shares: -2,371
Change %: -20%
Price: $8.92
Shares after: 9,487
Date: 15 Nov 2024
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PGY transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: +4,743
Change %
Price: $0.000000
Shares after: 0
Date: 14 Nov 2024
Ownership: Direct
Underlying class: Class A Ordinary Share
Underlying amount: 4,743
Exercise price: $0.000000
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

Shares were sold in large part to cover taxes incurred upon the vesting of restricted stock units pursuant to a Rule 10b5-1 plan dated March 21, 2024.

Footnote F2

Weighted average price. These shares were sold in multiple transactions at prices ranging from $9.33 to $8.68 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

Footnote F3

1/4th of the total 18,972 restricted stock units initially subject to this award vested on February 14, 2024, and the remaining total units initially subject to this award vests quarterly in 3 equal installments.