Tami Rosen - 01 Jul 2025 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Role
Chief Development Officer, Director
Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol
PGY
Transactions as of
01 Jul 2025
Transactions value $
-$632,567
Form type
4
Filing time
03 Jul 2025, 15:17:43 UTC
Previous filing
25 Jun 2025
Next filing
16 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Rosen Tami Chief Development Officer, Director C/O PAGAYA TECHNOLOGIES LTD., 335 MADISON AVENUE, 16TH FLOOR, NEW YORK /s/ Natalie Wilmore, Attorney-in-Fact 03 Jul 2025 0001970282

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGY Class A Ordinary Share Options Exercise $0 +28,466 +80% $0 64,085 01 Jul 2025 Direct
transaction PGY Class A Ordinary Share Sale -$330,537 -14,645 -23% $22.57 49,440 01 Jul 2025 Direct F1
transaction PGY Class A Ordinary Share Sale -$302,028 -13,821 -28% $21.85 35,619 03 Jul 2025 Direct F2, F3

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 -28,466 -100% $0 0 01 Jul 2025 Class A Ordinary Share 28,466 $0 Direct 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 Sale of securities was necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award.
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 $21.17 to $22.45 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 1/3rd of the total 170,765 RSUs initially subject to this award vested on October 1, 2024, 1/3rd vested on January 1, 2025 and the remaining RSUs vested over the following two quarters in two equal installments.