Evangelos Perros - Apr 1, 2025 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
Chief Financial Officer
Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Stock symbol
PGY
Transactions as of
Apr 1, 2025
Transactions value $
-$134,773
Form type
4
Date filed
4/3/2025, 04:09 PM
Previous filing
Mar 13, 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 +22.8K +42.15% $0.00 76.8K Apr 1, 2025 Direct
transaction PGY Class A Ordinary Share Sale -$135K -12.8K -16.67% $10.53 64K Apr 2, 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 -22.8K -12.5% $0.00 159K Apr 1, 2025 Class A Ordinary Share 22.8K $0.00 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 1/6th of the total 273,224 restricted stock units subject to this award vested each on August 1, 2024, and January 1, 2025, and the remaining 2/3rds of the grant shall vest over the following 24 months in equal quarterly installments. Following the vesting that occurred on April 1, 2025, the remaining vesting schedule is as follows: July 1, 2025, October 1, 2025, January 1, 2026, April 1, 2026, July 1, 2026, October 1, 2026, and January 1, 2027.