Payoneer (PAYO) CFO still holds 2.79M shares after tax withholding
Rhea-AI Filing Summary
Payoneer Global Inc. (PAYO) reported that Chief Financial Officer Beatrice Ordonez had 12,321 shares of common stock withheld on 2026-08-17 at $7.13 per share to cover tax obligations from the settlement of vested restricted stock units. This was not an open market sale. Following this withholding, she directly holds 2,790,266 shares of Payoneer common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,321 shares
Net Sell
1 txn
Insider
Ordonez Beatrice
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 12,321 | $7.13 | $88K |
Holdings After Transaction:
Common Stock — 2,790,266 shares (Direct)
Footnotes (1)
- F1. Represents 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
Shares withheld for taxes: 12,321 shares
Per-share value for withholding: $7.13 per share
Shares held after transaction: 2,790,266 shares
3 metrics
Shares withheld for taxes
12,321 shares
Common stock withheld 2026-08-17 to cover tax obligation from vested RSUs
Per-share value for withholding
$7.13 per share
Valuation used for the tax-withholding disposition of 12,321 shares
Shares held after transaction
2,790,266 shares
Direct common stock holdings of CFO following the tax-withholding event
Key Terms
restricted stock units, withheld solely to cover, tax obligation
3 terms
restricted stock units financial
"arising from the settlement of vested restricted stock units"
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.
withheld solely to cover financial
"Represents shares withheld solely to cover the Reporting Person's tax obligation"
tax obligation financial
"to cover the Reporting Person's tax obligation arising from the settlement"
FAQ
What insider transaction did PAYO report for CFO Beatrice Ordonez?
Payoneer (PAYO) reported that CFO Beatrice Ordonez had 12,321 shares withheld to satisfy tax obligations from vested restricted stock units. This was recorded as a code F tax-withholding disposition, not a market sale.
Was the recent PAYO insider transaction an open market sale?
No, the PAYO insider transaction was not an open market sale. The 12,321 shares were withheld solely to cover the CFO’s tax obligation from RSU settlement, according to the filing footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.