Payoneer SVP reports 203,615-share equity stake
Payoneer Global Inc. executive Michal Fridman, SVP Finance, has filed an initial ownership report showing beneficial ownership of 203,615 shares of Common Stock.
Rhea-AI Filing Summary
Payoneer Global Inc. executive Michal Fridman, SVP Finance, has filed an initial ownership report showing beneficial ownership of 203,615 shares of Common Stock. This total includes shares underlying restricted stock units that vest over time if she remains in continuous service.
According to the vesting schedule, one-fourth of these restricted stock units vests on the first anniversary of the grant date or a shorter approved period, with the remaining units vesting in roughly 1/16 installments each quarter. This filing does not reflect a new purchase or sale, but rather discloses her existing equity position and its time-based vesting structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fridman Michal
Role
SVP Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 203,615 shares (Direct)
Footnotes (1)
- F1. Represents shares of Common Stock as well as shares of Common Stock underlying restricted stock units ("RSUs") subject to time-based vesting. One-fourth of these RSUs will vest or has already vested, as the case may be, on the first anniversary of the grant date or such other shorter approved period after the grant date as applicable, and the remainder vests ratably in approximately 1/16 installments on a quarterly basis, provided that the Reporting Person remains in continuous service on each applicable vesting date.
Key Figures
Beneficial ownership: 203,615 shares of Common Stock
Initial RSU vesting tranche: One-fourth of RSUs
Ongoing RSU vesting rate: Approximately 1/16 per quarter
3 metrics
Beneficial ownership
203,615 shares of Common Stock
Total shares following reported holdings
Initial RSU vesting tranche
One-fourth of RSUs
Vests on first anniversary or shorter approved period
Ongoing RSU vesting rate
Approximately 1/16 per quarter
Remaining RSUs vest quarterly after first tranche
Key Terms
restricted stock units ("RSUs"), time-based vesting, continuous service
3 terms
restricted stock units ("RSUs") financial
"Represents shares of Common Stock as well as shares of Common Stock underlying restricted stock units ("RSUs") subject to time-based vesting."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
time-based vesting financial
"underlying restricted stock units ("RSUs") subject to time-based vesting."
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
continuous service financial
"the remainder vests ratably in approximately 1/16 installments on a quarterly basis, provided that the Reporting Person remains in continuous service"
FAQ
What does Michal Fridman’s Form 3 filing for Payoneer (PAYO) show?
The Form 3 shows Michal Fridman, SVP Finance at Payoneer, beneficially owns 203,615 shares of Common Stock. This amount includes time-based restricted stock units (RSUs) that vest gradually, reflecting her existing equity stake rather than a new transaction.
How do Michal Fridman’s RSUs at Payoneer (PAYO) vest over time?
Her RSUs vest based on time. One-fourth vests on the first anniversary of the grant date or a shorter approved period, while the remaining units vest in roughly 1/16 quarterly installments, contingent on her continuous service on each vesting date.
What conditions affect vesting of Michal Fridman’s Payoneer (PAYO) RSUs?
Her RSUs vest only if she remains in continuous service with Payoneer. Vesting occurs with one-fourth on the first anniversary of the grant date (or shorter approved period) and the remaining 1/16 installments each quarter on specified vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
