Payoneer CEO covers taxes with share withholding
Payoneer Global Inc. Chief Executive Officer John Caplan reported two transactions where company shares were withheld to cover his tax obligations from vested restricted stock units.
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Rhea-AI Filing Summary
Payoneer Global Inc. Chief Executive Officer John Caplan reported two transactions where company shares were withheld to cover his tax obligations from vested restricted stock units. A total of 41,498 shares of common stock were surrendered at prices of $4.96 and $4.80 per share. The footnote clarifies these are tax-withholding dispositions, not open market sales, and Caplan continues to hold roughly 5.8 million shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 34,563 | $4.80 | $166K |
| Exercise Price or Tax Liability | Common Stock | 6,935 | $4.96 | $34K |
Footnotes (1)
- F1. Shares withheld solely to cover the Reporting Person's tax obligation arising from the settlement of vested restricted stock units and does not represent an open market sale.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
Common Stock financial
Payment of exercise price or tax liability by delivering securities regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Payoneer (PAYO) CEO John Caplan report in this Form 4?
Were John Caplan’s PAYO transactions open market sales of Payoneer stock?
What is the transaction code used in John Caplan’s Payoneer (PAYO) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.