Avital Pardo - 24 Jun 2025 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
Chief Technology Officer, Director
Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol
PGY
Transactions as of
24 Jun 2025
Transactions value $
-$5,814,377
Form type
4
Filing time
25 Jun 2025, 16:30:22 UTC
Previous filing
23 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Pardo Avital Chief Technology Officer, Director C/O PAGAYA TECHNOLOGIES LTD., 335 MADISON AVENUE, 16TH FLOOR, NEW YORK /s/ Natalie Wilmore, Attorney-in-Fact 25 Jun 2025 0001935207

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGY Class B Ordinary Share Sale -$1.1M -54.3K -4.94% $20.24 1.04M 25 Jun 2025 Direct F1, F2, F3
transaction PGY Class B Ordinary Share Sale -$4.72M -240K -23.01% $19.65 803K 24 Jun 2025 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Class B Ordinary Shares were converted to Class A Ordinary Shares upon sale.
F2 This sale was effected pursuant to a 10b5-1 plan, as noted on the form specific filing information.
F3 Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.08 to $20.60 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.
F4 Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.11 to $19.96 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.