Payoneer CFO uses shares to cover RSU taxes
Payoneer Global Inc. Chief Financial Officer Beatrice Ordonez reported a tax-related share disposition tied to vested equity awards.
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Rhea-AI Filing Summary
Payoneer Global Inc. Chief Financial Officer Beatrice Ordonez reported a tax-related share disposition tied to vested equity awards. On the reported date, 24,194 shares of common stock were withheld at $5.39 per share to cover her tax obligation from the settlement of restricted stock units, rather than sold in the open market. After this withholding, she directly owned 2,224,483 shares of Payoneer common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 24,194 | $5.39 | $130K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Payoneer (PAYO) report for Beatrice Ordonez?
Was the PAYO CFO’s Form 4 transaction an open-market stock sale?
What does transaction code F mean in the Payoneer (PAYO) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.