PGY Pagaya Technologies Ltd.
Price Chart
Executive Summary
Two C-suite executives at Pagaya Technologies — the CFO and Chief Development Officer — exercised stock options and sold shares in the open market, generating $92,600 and $64,900 respectively. The total open-market sales amounted to $157,487, representing less than 0.02% of the company's $904M market cap, indicating routine insider activity.
Key Financial Metrics
Actionable Insight
The sales are small in absolute and relative terms and appear tied to option exercises, likely for tax or portfolio management purposes. No immediate concern for traders, but monitor for increased selling in next filings.
Key Facts
- CFO Perros Evangelos sold 8,425 shares at $10.99 for $92,591 in open-market transactions.
- Chief Development Officer Rosen Tami sold 5,905 shares at $10.99 for $64,896.
- Both insiders also exercised derivative securities (options) totaling 41,250 and 31,250 shares respectively, with no cash value realized from those exercises.
- Total open-market proceeds: $157,487.
- Total insider sales represent less than 0.02% of Pagaya’s $904M market capitalization.
Financial Impact
$157,487 in open-market share sales by two C-suite executives
Risk Factors
- Perception of insider selling could weigh on sentiment if misinterpreted, despite minimal dollar value.
- Concentration of insider activity on a single day may attract scrutiny, though pattern is consistent with option exercise cycles.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (6 trades, 7d window) | cluster-PGY-1773698304901 |
US Market Status
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