Payoneer (PAYO) CFO has 12,321 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payoneer Global Inc. reported a routine tax-related share disposition by its Chief Financial Officer, Beatrice Ordonez. On May 18, 2026, 12,321 shares of common stock were withheld at $4.60 per share to cover taxes on vested restricted stock units. After this non-market transaction, the CFO directly held 2,915,569 shares of Payoneer common stock.
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 | 12,321 | $4.60 | $57K |
Holdings After Transaction:
Common Stock — 2,915,569 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 12,321 shares
Reported price per share: $4.60 per share
Shares held after transaction: 2,915,569 shares
3 metrics
Shares withheld for taxes
12,321 shares
Tax-withholding disposition on May 18, 2026
Reported price per share
$4.60 per share
Value used for tax-withholding shares
Shares held after transaction
2,915,569 shares
Direct common stock ownership by CFO after withholding
Key Terms
restricted stock units, tax obligation, tax-withholding disposition
3 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.
FAQ
What insider transaction did Payoneer (PAYO) disclose for its CFO?
Payoneer disclosed that CFO Beatrice Ordonez had 12,321 common shares withheld to cover taxes on vested restricted stock units. This Form 4 event is a non-market, tax-withholding disposition rather than an open-market purchase or sale of PAYO shares.
Was the Payoneer (PAYO) CFO’s Form 4 transaction an open-market sale?
No, the filing states the 12,321 shares were withheld solely to satisfy the CFO’s tax obligation from vested restricted stock units. The footnote clarifies this was not an open-market sale, but an administrative share withholding by the company.
What does transaction code F mean in the Payoneer (PAYO) Form 4?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this Payoneer filing, the 12,321 shares were withheld to satisfy the CFO’s tax obligation from vested restricted stock units, rather than being sold in the open market.