Payoneer (NASDAQ: PAYO) legal chief holds 971,835 shares after tax move
Rhea-AI Filing Summary
Payoneer Global Inc. (PAYO) reported that Chief Legal & Governance Officer Tsafi Goldman had 6,160 shares of common stock withheld on 2026-08-17 to satisfy a tax obligation arising from the settlement of vested restricted stock units. This was not an open market sale. After this withholding, Goldman directly holds 971,835 shares of Payoneer common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,160 shares
Net Sell
1 txn
Insider
Goldman Tsafi
Role
Chief Legal & Governance Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 6,160 | $7.13 | $44K |
Holdings After Transaction:
Common Stock — 971,835 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 for taxes: 6,160 shares
Withholding price per share: $7.13 per share
Shares held after transaction: 971,835 shares
+1 more
4 metrics
Shares withheld for taxes
6,160 shares
Common stock withheld on 2026-08-17 to cover tax obligation on vested RSUs
Withholding price per share
$7.13 per share
Value used for the 6,160-share tax-withholding disposition
Shares held after transaction
971,835 shares
Directly owned Payoneer common stock by Tsafi Goldman following the withholding
Exercise price or tax-liability shares count
6,160 shares
Shares involved in code F tax-liability transaction as summarized in transactionSummary
Key Terms
restricted stock units, withheld, tax obligation, open market sale
4 terms
restricted stock units financial
"arising from the settlement of vested restricted stock units"
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.
withheld financial
"Shares withheld solely to cover the Reporting Person's tax obligation"
tax obligation financial
"cover the Reporting Person's tax obligation arising from the settlement"
open market sale financial
"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 transaction did PAYO report for Tsafi Goldman on August 17, 2026?
Payoneer (PAYO) reported that Tsafi Goldman had 6,160 common shares withheld on 2026-08-17 to cover taxes from vested restricted stock units. This was a tax-withholding event, not an open market sale of shares.
Was the August 17, 2026 PAYO insider transaction an open market sale?
No. The filing states the 6,160 shares were withheld solely to cover Tsafi Goldman’s tax obligation from vested restricted stock units and does not represent an open market sale of Payoneer Global Inc. common stock.
What transaction code was used in the PAYO Form 4 for Tsafi Goldman?
The transaction used code F, indicating payment of tax liability by delivering or withholding securities. In this case, 6,160 shares of Payoneer common stock were withheld to satisfy taxes on vested restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.