Payoneer CEO covers taxes with 25,873 withheld shares
Payoneer Global Inc. director and Chief Executive Officer John Caplan reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Payoneer Global Inc. director and Chief Executive Officer John Caplan reported a routine tax-related share disposition. On the settlement of vested restricted stock units, 25,873 shares of common stock were withheld at $4.60 per share to cover his tax obligation and not sold on the open market.
After this withholding, Caplan directly holds 5,832,901 shares of Payoneer common stock. Because the transaction reflects tax withholding rather than a discretionary market trade, it does not signal a change in his investment view of the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 25,873 | $4.60 | $119K |
Footnotes (1)
- 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.
Key Figures
Key Terms
restricted stock units financial
tax obligation financial
open market sale financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Payoneer (PAYO) CEO John Caplan report?
Was the Payoneer (PAYO) CEO’s recent Form 4 transaction an open market sale?
Does the Payoneer (PAYO) CEO’s Form 4 indicate a change in his investment stance?
AI-generated analysis. How Rhea-AI works. Not financial advice.