[Form 4] Payoneer Global Inc. Warrant Insider Trading Activity

Rhea-AI Filing Summary

Payoneer Global Inc. (PAYO) reporting person Tsafi Goldman, Chief Legal & Governance Officer, executed a sale of 24,864 shares of the issuer's common stock on 08/25/2025 under a Rule 10b5-1 trading plan adopted on September 10, 2024. The weighted average sale price reported is $6.9753, with individual sale prices ranging from $6.74 to $7.00. After the reported disposition, the filing shows 732,487 shares beneficially owned by the reporting person, held directly.

The Form 4 was signed by an attorney-in-fact, Anna Bochkareva, on 08/26/2025, and the filing indicates it was made by one reporting person. No derivative transactions or other securities classes are reported on this form.

Positive

• Transaction executed pursuant to a Rule 10b5-1 trading plan, indicating trades were pre-planned and non-discretionary
• Full price range disclosed ($6.74–$7.00) with a weighted average ($6.9753), improving transparency
• Reporting person retains substantial direct ownership after the sale (732,487 shares)

Negative

• None.

Insights

Securities Analyst

TL;DR: Officer sold a modest number of shares under a pre-established 10b5-1 plan; remaining direct stake stays material at 732,487 shares.

The sale of 24,864 common shares was effected under a Rule 10b5-1 plan, which indicates pre-planned, non-discretionary transactions rather than opportunistic insider trades. The sale price range ($6.74–$7.00) and weighted average ($6.9753) are disclosed, and the filing reports direct beneficial ownership of 732,487 shares post-transaction. No options, warrants, or other derivatives are disclosed on this Form 4. The filing was executed by attorney-in-fact, consistent with administrative handling of insider filings.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 10b5-1 plan usage and Section 16 reporting; no governance red flags apparent from this form alone.

The reporting person is identified as an officer (Chief Legal & Governance Officer) and used a 10b5-1 plan adopted on September 10, 2024, which the Form 4 explicitly cites. The clear disclosure of the price range and the undertaking to provide detailed breakdowns on request enhances transparency. The signature by an attorney-in-fact is properly noted. This single Form 4 does not show any unusual trading pattern or undisclosed related-party transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Goldman Tsafi

(Last) (First) (Middle)

195 BROADWAY

27TH FLOOR

(Street)

NEW YORK NY 10007

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Payoneer Global Inc. [ PAYO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal & Governance Ofcr.

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		F		24,864(1)	D	$6.9753(2)	732,487	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 10, 2024.

2. The reported sale price reflects the weighted average sale price for multiple transactions, ranging from $6.74 to $7.00. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

	/s/ Anna Bochkareva, attorney-in-fact for Tsafi Goldman	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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