Pagaya Technologies Ltd. Reports Board and Executive Changes
Ticker: PGYWW · Form: 8-K · Filed: Dec 23, 2024 · CIK: 1883085
| Field | Detail |
|---|---|
| Company | Pagaya Technologies Ltd. (PGYWW) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
TL;DR
Pagaya's board is shuffling, exec pay is changing - keep an eye on governance.
AI Summary
Pagaya Technologies Ltd. announced on December 19, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory plans. Specific details regarding the individuals involved and the financial implications of these changes are outlined within the report.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty and signal underlying issues or strategic shifts that may affect the company's future performance.
Key Players & Entities
- Pagaya Technologies Ltd. (company) — Registrant
- December 19, 2024 (date) — Date of earliest event reported
- 001-41430 (other) — Commission File Number
FAQ
What specific roles have been affected by the departure of directors or officers?
The filing indicates the departure of certain officers and directors, but specific roles are detailed within the full report.
Who are the newly elected directors?
The election of new directors is reported, with their names and relevant information available in the complete filing.
What are the key changes in compensatory arrangements for certain officers?
The report addresses updates to compensatory arrangements for certain officers, with specific details provided in the document.
What is the effective date of these reported changes?
The earliest event reported is dated December 19, 2024.
Where is Pagaya Technologies Ltd. incorporated?
Pagaya Technologies Ltd. is incorporated in Israel.
Filing Stats: 922 words · 4 min read · ~3 pages · Grade level 10.3 · Accepted 2024-12-23 08:30:18
Filing Documents
- pgy-20241219.htm (8-K) — 29KB
- pagayaannouncesappointme.htm (EX-99.1) — 5KB
- pagayaannouncesappointme001.jpg (GRAPHIC) — 185KB
- pagayaannouncesappointme002.jpg (GRAPHIC) — 174KB
- 0001883085-24-000205.txt ( ) — 703KB
- pgy-20241219.xsd (EX-101.SCH) — 3KB
- pgy-20241219_def.xml (EX-101.DEF) — 16KB
- pgy-20241219_lab.xml (EX-101.LAB) — 29KB
- pgy-20241219_pre.xml (EX-101.PRE) — 17KB
- pgy-20241219_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated D ecember 2 3, 2 024 104 Cover Page Interactive Data File (formatted as inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PAGAYA TECHNOLOGIES LTD. Date: December 23, 2024 By: /s/ Eric Watson Name: Eric Watson Title: Chief Legal Officer