Payoneer Global Inc. (NASDAQ: PAYO) CFO has 60,485 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payoneer Global Inc. Chief Financial Officer Beatrice Ordonez reported a tax-withholding disposition of 60,485 shares of common stock on 2026-07-16 at $7.09 per share. The shares were withheld solely to cover her tax obligation from vested restricted stock units and were not an open market sale. Following this withholding, she directly holds 2,826,781 shares of Payoneer common stock.
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Insights
Analyzing...
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 | 60,485 | $7.09 | $429K |
Holdings After Transaction:
Common Stock — 2,826,781 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 60,485 shares
Withholding price per share: $7.09 per share
Shares held after transaction: 2,826,781 shares
+1 more
4 metrics
Shares withheld for taxes
60,485 shares
Tax-withholding disposition of common stock on 2026-07-16
Withholding price per share
$7.09 per share
Price used for tax-withholding disposition of 60,485 shares
Shares held after transaction
2,826,781 shares
Direct common stock holdings of CFO after tax withholding
Tax-withholding transactions
1 transaction, 60,485 shares
Summary of reported tax-withholding dispositions in this filing
Key Terms
tax obligation, restricted stock units, open market sale, tax-withholding disposition
4 terms
tax obligation financial
"shares withheld solely to cover the Reporting Person's tax obligation arising from"
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
"restricted stock units 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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PAYO CFO Beatrice Ordonez report?
Beatrice Ordonez, CFO of Payoneer Global Inc. (PAYO), reported a tax-withholding disposition of 60,485 common shares on 2026-07-16. The shares were withheld to cover taxes from vested restricted stock units and were not sold in the open market.
Was the PAYO CFO’s tax-withholding transaction under a Rule 10b5-1 trading plan?
The transaction was not indicated as being made under a Rule 10b5-1 trading plan. The filing’s Rule 10b5-1 checkbox was not marked as affirming plan status, and no footnote describes the withholding as pursuant to such a plan.