Payoneer (PAYO) CFO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payoneer Global Inc. Chief Financial Officer Beatrice Ordonez reported a tax-related share disposition tied to equity compensation. On February 25, 2026, 13,210 shares of common stock were withheld at $5.41 per share to cover taxes from vested restricted stock units, and this was not an open-market sale. After this withholding, she directly owned 3,012,569 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ordonez Beatrice
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,210 | $5.41 | $71K |
Holdings After Transaction:
Common Stock — 3,012,569 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Payoneer (PAYO) report for CFO Beatrice Ordonez?
Payoneer reported that CFO Beatrice Ordonez had 13,210 common shares withheld to satisfy tax obligations from vested restricted stock units. The transaction used code F, indicating tax withholding, and was not an open-market sale of shares.
Was the Ordonez PAYO Form 4 transaction an open-market sale of Payoneer stock?
No, the Form 4 states the 13,210 Payoneer shares were withheld solely to cover Ordonez’s tax obligations on vested restricted stock units. A footnote clarifies this disposition did not represent an open-market sale of PAYO common stock to third-party buyers.
What does transaction code F mean in the Payoneer (PAYO) Form 4 for Ordonez?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this Payoneer filing, 13,210 shares were withheld to cover CFO Beatrice Ordonez’s tax obligations on vested restricted stock units, not to execute an open-market sale of stock.