Payoneer Global Inc. (PAYO) CLO withholds 10,369 shares for RSU tax and forfeits RSUs
Rhea-AI Filing Summary
Payoneer Global Inc. executive Goldman Tsafi, Chief Legal & Governance Officer, reported a code F transaction involving 10,369 shares of common stock on August 13, 2026. Shares were withheld solely to cover tax obligations arising from vested RSUs, not an open-market sale. Following this withholding and the related RSU settlement, Tsafi directly holds 995,277 shares, and 15,000 RSUs were forfeited because their share price threshold conditions were not met.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,369 shares
Net Sell
1 txn
Insider
Goldman Tsafi
Role
Chief Legal & Governance Ofcr.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 10,369 | $7.14 | $74K |
Holdings After Transaction:
Common Stock — 995,277 shares (Direct)
Footnotes (2)
- 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.
- F2. Reflects the forfeiture of 15,000 RSUs, representing the remainder of the RSUs granted to the Reporting Person on September 9, 2021, that did not meet their applicable share price threshold conditions for vesting by the applicable date.
Key Figures
Shares withheld for tax: 10,369 shares
Withholding price: $7.14 per share
Shares held after transaction: 995,277 shares
+1 more
4 metrics
Shares withheld for tax
10,369 shares
Common stock withheld on August 13, 2026 to cover tax from vested RSUs
Withholding price
$7.14 per share
Value assigned to shares withheld to satisfy tax obligation
Shares held after transaction
995,277 shares
Direct common stock ownership after the August 13, 2026 transaction
Forfeited RSUs
15,000 RSUs
Remainder of September 9, 2021 grant that failed share price thresholds
Key Terms
restricted stock units, withheld solely to cover, share price threshold conditions, forfeiture
4 terms
restricted stock units financial
"tax obligation 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 solely to cover financial
"Shares withheld solely to cover the Reporting Person's tax obligation"
forfeiture financial
"Reflects the forfeiture of 15,000 RSUs, representing the remainder"
FAQ
What insider transaction did Payoneer Global Inc. (PAYO) report for Goldman Tsafi?
Payoneer reported that Goldman Tsafi had 10,369 shares of common stock withheld on August 13, 2026. These shares covered tax obligations from vested RSUs and did not involve an open-market sale, according to the company’s disclosure and footnotes.
Was the PAYO insider transaction by Goldman Tsafi an open-market sale?
No, the transaction was not an open-market sale. The 10,369 shares were withheld solely to satisfy Tsafi’s tax liability from the settlement of vested RSUs, as explicitly stated in the footnote to the transaction.
What happened to Goldman Tsafi’s restricted stock units (RSUs) at Payoneer (PAYO)?
The filing notes a forfeiture of 15,000 RSUs. These represented the remainder of RSUs granted on September 9, 2021 that did not meet their share price threshold conditions for vesting by the applicable date and therefore did not vest.
AI-generated analysis. How Rhea-AI works. Not financial advice.