Payoneer (PAYO) CLO withholds 24,641 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payoneer Global Inc. reported that Chief Legal & Governance Officer Tsafi Goldman had 24,641 shares of common stock withheld at $5.35 per share to cover tax obligations from the settlement of vested restricted stock units. The filing clarifies this was not an open-market sale but a tax-withholding disposition. After this transaction, Goldman directly holds 644,339 shares of Payoneer common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goldman Tsafi
Role
Chief Legal & Governance Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 24,641 | $5.35 | $132K |
Holdings After Transaction:
Common Stock — 644,339 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Payoneer (PAYO) report for Tsafi Goldman?
Payoneer reported that Chief Legal & Governance Officer Tsafi Goldman had 24,641 common shares withheld to cover taxes on vested restricted stock units. This disposition was recorded at $5.35 per share and did not involve any open-market selling activity.
What does transaction code "F" mean in the Payoneer (PAYO) Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 24,641 Payoneer shares were withheld from Tsafi Goldman to cover taxes due upon settlement of vested restricted stock units, rather than being sold on the market.
What type of security was reported in the Payoneer (PAYO) insider transaction?
The insider filing reports a transaction in Payoneer common stock. Specifically, 24,641 common shares were withheld to satisfy Tsafi Goldman’s tax obligation related to vested restricted stock units, leaving a direct ownership position of 644,339 common shares afterward.