Payoneer Global (PAYO) CAO has 5,896 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Payoneer Global Inc. Chief Accounting Officer Itai Perry reported a tax-related share disposition. On this Form 4, 5,896 shares of common stock were withheld at $5.35 per share to cover his tax obligation from vested restricted stock units. The filing notes this was not an open market sale. After the withholding, Perry directly owned 176,280 shares of Payoneer common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perry Itai
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,896 | $5.35 | $32K |
Holdings After Transaction:
Common Stock — 176,280 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Payoneer Global (PAYO) report for Itai Perry?
Payoneer Global reported that Chief Accounting Officer Itai Perry had 5,896 common shares withheld to cover taxes from vested restricted stock units. The Form 4 specifies this was a tax-withholding disposition, not an open market sale of shares.
Was Itai Perry’s Payoneer (PAYO) transaction an open market sale?
No, the transaction was not an open market sale. The footnote explains the 5,896 shares were withheld solely to cover Itai Perry’s tax obligation from vested restricted stock units, rather than sold by him on the open market to another investor.
What does transaction code F mean in the Payoneer (PAYO) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Payoneer filing, 5,896 shares were withheld from Itai Perry to pay taxes on vested restricted stock units, rather than being sold on the open market.