Payoneer (PAYO) CEO uses 69,125 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payoneer Global Inc. chief executive John Caplan reported a tax-withholding disposition of 69,125 shares of Common Stock. The shares were withheld by the company at a price of $4.94 per share solely to cover his tax obligation from the settlement of vested restricted stock units and not sold in the open market.
After this withholding, Caplan directly holds 5,722,278 shares of Payoneer Common Stock, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Caplan John
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 69,125 | $4.94 | $341K |
Holdings After Transaction:
Common Stock — 5,722,278 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 69,125 shares
Withholding price per share: $4.94 per share
Shares held after transaction: 5,722,278 shares
3 metrics
Shares withheld for taxes
69,125 shares
Tax-withholding disposition on Common Stock
Withholding price per share
$4.94 per share
Value used for tax-withholding shares
Shares held after transaction
5,722,278 shares
Direct holdings of John Caplan after withholding
Key Terms
restricted stock units, tax obligation, tax-withholding disposition, Common Stock
4 terms
restricted stock units financial
"arising from the settlement of vested restricted stock units and does not represent"
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"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"Shares withheld solely to cover the Reporting Person's tax obligation arising"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Payoneer (PAYO) CEO John Caplan report?
John Caplan reported a tax-withholding disposition of 69,125 Payoneer shares. These shares were withheld by the company to satisfy his tax obligations from vested restricted stock units, rather than being sold in the open market.
What does the Form 4 reveal about Payoneer (PAYO) CEO’s tax obligations?
The Form 4 shows shares were withheld to cover John Caplan’s tax obligation from vested restricted stock units. Instead of paying cash taxes, a portion of his equity compensation was used to satisfy the liability through share withholding.