The chief development officer of Pagaya Technologies, Tami Rosen, sold 7,561 shares for $232,383.55 on Dec. 19 in an open-market sale, maintaining 37,544 shares directly. The transaction was based on a weighted average purchase price of $30.73 per share. Pagaya Technologies reported $1.22 billion in revenue, a 118.28% one-year price change, and operates a platform-based business model serving financial partners. Despite the sale, Pagaya’s recent quarter showed strong financial performance and raised guidance, signaling operational strength. The sale was part of a pre-established Rule 10b5-1 trading plan and did not involve derivatives or indirect entities, reflecting a routine reduction of shares.

Read more at Nasdaq: Pagaya Insider Sells $1.7 Million in Stock as Shares Significantly Outperform the Market