Payoneer (NASDAQ: PAYO) CFO tax withholding leaves 2.79M shares
Rhea-AI Filing Summary
Payoneer Global Inc. (PAYO) reported an insider equity-related tax event for Chief Financial Officer Beatrice Ordonez. On 2026-08-20, 3,303 shares of common stock were withheld to cover tax obligations arising from the settlement of vested restricted stock units at a reference price of $7.09 per share. The filing states this was not an open market sale. After this withholding, Ordonez directly held 2,786,963 shares of Payoneer common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,303 shares
Net Sell
1 txn
Insider
Ordonez Beatrice
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,303 | $7.09 | $23K |
Holdings After Transaction:
Common Stock — 2,786,963 shares (Direct)
Footnotes (1)
- F1. Represents 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 tax obligation: 3,303 shares
Reference price per share: $7.09 per share
Shares owned after transaction: 2,786,963 shares
+1 more
4 metrics
Shares withheld for tax obligation
3,303 shares
Common stock withheld on 2026-08-20 to cover tax from vested RSUs
Reference price per share
$7.09 per share
Price reported for the 3,303 withheld Payoneer common shares
Shares owned after transaction
2,786,963 shares
Direct Payoneer common stock holdings of Beatrice Ordonez following the withholding
Shares related to exercise price or tax liability events
3,303 shares
Total shares reported under Form 4 code F for this filing
Key Terms
restricted stock units, open market sale, withheld solely to cover the Reporting Person's tax obligation
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.
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.
withheld solely to cover the Reporting Person's tax obligation financial
"Represents shares withheld solely to cover the Reporting Person's tax obligation"
FAQ
What insider transaction did Payoneer Global Inc. (PAYO) disclose for Beatrice Ordonez?
Payoneer Global Inc. disclosed that CFO Beatrice Ordonez had 3,303 shares of common stock withheld on 2026-08-20 to cover tax obligations from vested RSUs. The filing specifies this was not an open market sale.
Does the PAYO Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The document-level indicator for Rule 10b5-1 is set to false, and the footnote describes the transaction as shares withheld to cover tax obligations, not as trades under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.