Tami Rosen - 12 Sep 2025 Form 4 Insider Report for Pagaya Technologies Ltd. (PGY)

Signature
/s/ Natalie Wilmore, Attorney-in-Fact
Issuer symbol
PGY
Transactions as of
12 Sep 2025
Net transactions value
-$571,449
Form type
4
Filing time
16 Sep 2025, 18:25:48 UTC
Previous filing
03 Jul 2025
Next filing
03 Oct 2025

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 16 Sep 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 +15,625 +44% $0.000000 51,244 12 Sep 2025 Direct
transaction PGY Class A Ordinary Share Sale $326,463 -8,037 -16% $40.62 43,207 15 Sep 2025 Direct F1
transaction PGY Class A Ordinary Share Options Exercise $62,296 +5,833 +14% $10.68 49,040 15 Sep 2025 Direct
transaction PGY Class A Ordinary Share Sale $244,986 -5,833 -12% $42.00 43,207 15 Sep 2025 Direct F2

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 -15,625 -14% $0.000000 93,750 12 Sep 2025 Class A Ordinary Share 15,625 $0.000000 Direct F3
transaction PGY Incentive Stock Option (right to buy) Options Exercise $62,296 -5,833 -2.5% $10.68 231,630 15 Sep 2025 Class A Ordinary Share 5,833 $10.68 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 The grant vests over a period of two years in eight equal quarterly installments starting on June 12, 2025.
F4 Became fully vested and exercisable on February 29, 2024.