Payoneer (PAYO) CEO uses shares to cover RSU taxes
Rhea-AI Filing Summary
Payoneer Global Inc. (PAYO) reported that Chief Executive Officer and director John Caplan had shares of common stock withheld on two dates to satisfy tax obligations from the settlement of vested restricted stock units. On 2026-08-19, 34,563 shares were withheld at $7.10 per share, and on 2026-08-20, 6,936 shares were withheld at $7.09 per share. A footnote states these transactions were solely to cover the reporting person's tax obligation and do not represent open market sales, and the filing does not affirm use of a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
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Insider Trade Summary
Net Seller: 41,499 shares
Net Sell
2 txns
Insider
Caplan John
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 6,936 | $7.09 | $49K |
| Tax Withholding | Common Stock F1 | 34,563 | $7.10 | $245K |
Holdings After Transaction:
Common Stock — 5,654,906 shares (Direct)
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
Shares withheld on 2026-08-19: 34,563 shares
Per-share price on 2026-08-19: $7.10 per share
Shares withheld on 2026-08-20: 6,936 shares
+2 more
5 metrics
Shares withheld on 2026-08-19
34,563 shares
Common Stock withheld to cover tax obligation from vested RSUs
Per-share price on 2026-08-19
$7.10 per share
Price used for tax-withholding disposition of Common Stock
Shares withheld on 2026-08-20
6,936 shares
Common Stock withheld to cover tax obligation from vested RSUs
Per-share price on 2026-08-20
$7.09 per share
Price used for tax-withholding disposition of Common Stock
Total shares withheld for tax
41,499 shares
Sum of Code F tax-withholding dispositions reported in this Form 4
Key Terms
restricted stock units, tax obligation, open market sale
3 terms
restricted stock units financial
"arising from the settlement of vested restricted stock units and does not"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligation financial
"Shares withheld solely to cover the Reporting Person's tax obligation arising"
open market sale financial
"obligation arising from the settlement of vested restricted stock units and does not represent an open market sale"
An open market sale is when a company or a shareholder sells shares through the regular stock market to any willing buyer, using ordinary exchange trading rather than private deals. It matters to investors because it increases the number of shares available and can push the price down or change ownership balance—think of it like someone putting extra items on a supermarket shelf for any shopper to buy, which can lower the item's price if supply suddenly grows.
FAQ
What insider transactions did PAYO CEO John Caplan report in this Form 4?
John Caplan reported two withholding transactions of Payoneer Global Inc. common stock: 34,563 shares on 2026-08-19 at $7.10 per share and 6,936 shares on 2026-08-20 at $7.09 per share, both related to tax obligations from vested restricted stock units.
Did the PAYO Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is not checked, and the transactions are characterized as tax-withholding dispositions rather than trades executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.