Director Eilam Barak granted 31,298 Payoneer (PAYO) RSUs as annual award
Rhea-AI Filing Summary
Eilam Barak reported acquisition or exercise transactions in this Form 4 filing.
Payoneer Global Inc. director Eilam Barak received a grant of 31,298 shares of Common Stock in the form of restricted stock units as part of non-employee director compensation. Following this award, he directly holds 66,162 shares.
The RSUs are subject to time-based vesting under the company’s director compensation and omnibus equity incentive plans. They will fully vest on the earlier of June 9, 2027, or the first annual meeting of stockholders after the grant date, if Barak remains in continuous service until vesting.
Positive
- None.
Negative
- None.
Insights
Routine equity grant to a director with multi-year vesting conditions.
The filing shows Eilam Barak, a director of Payoneer Global Inc., receiving 31,298 restricted stock units as an annual equity award. The grant has a zero dollar price per share, indicating it is compensation rather than an open-market purchase.
The RSUs vest fully on the earlier of June 9, 2027, or the first annual meeting after the grant, contingent on continued board service. After this grant, Barak holds 66,162 shares directly, suggesting the transaction is a standard part of director pay and not a directional bet on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,298 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of Common Stock underlying restricted stock units ("RSUs") subject to time-based vesting, granted to the Reporting Person pursuant to the Issuer's Amended and Restated Non-Employee Director Compensation Plan as an Annual Award (as defined in such plan) with the RSUs subject to the Issuer's Omnibus Equity Incentive Plan. These RSUs will fully vest on the earlier of (i) June 9, 2027, and (ii) the first Annual Meeting of the Issuer's stockholders following the effective date of such grant, provided that the Reporting Person remains in continuous service through the vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Amended and Restated Non-Employee Director Compensation Plan financial
Annual Award financial
Omnibus Equity Incentive Plan financial
time-based vesting financial
AI-generated analysis. How Rhea-AI works. Not financial advice.