Payoneer (PAYO) officer stock withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payoneer Global Inc. reported that Chief Legal & Governance Officer Tsafi Goldman had a total of 27,651 shares of common stock withheld on May 14 to cover tax obligations from vested restricted stock units. A footnote clarifies these were tax-withholding dispositions and not open market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Goldman Tsafi
Role
Chief Legal & Governance Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,369 | $4.93 | $51K |
| Tax Withholding | Common Stock | 17,282 | $4.87 | $84K |
Holdings After Transaction:
Common Stock — 1,045,741 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares (first transaction): 17,282 shares at $4.87
Tax-withheld shares (second transaction): 10,369 shares at $4.93
Total shares withheld for taxes: 27,651 shares
3 metrics
Tax-withheld shares (first transaction)
17,282 shares at $4.87
Common Stock withheld on May 14 for tax obligation
Tax-withheld shares (second transaction)
10,369 shares at $4.93
Common Stock withheld on May 14 for tax obligation
Total shares withheld for taxes
27,651 shares
Tax-withholding dispositions related to vested restricted stock units
Key Terms
restricted stock units, tax obligation, tax-withholding disposition, Common Stock
4 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","transaction_code_description""
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.
Common Stock financial
""security_title": "Common Stock","transaction_date":"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does Tsafi Goldman’s Form 4 show for Payoneer (PAYO)?
The Form 4 shows 27,651 Payoneer common shares were withheld on May 14 to cover Tsafi Goldman’s tax obligations from vested restricted stock units, classified as tax-withholding dispositions rather than open market sales.
What transaction code is used in Tsafi Goldman’s Payoneer (PAYO) Form 4?
Both entries use transaction code F, which the Form 4 describes as payment of an exercise price or tax liability by delivering securities, reflecting tax-withholding dispositions of Payoneer common stock instead of market purchases or sales.
What role does Tsafi Goldman hold at Payoneer (PAYO) in this Form 4?
The filing lists Tsafi Goldman as an officer of Payoneer Global Inc., with the title Chief Legal & Governance Officer, and reports the officer’s common stock transactions related to tax withholding on vested restricted stock units.