Paysafe CLO vests 86,295 shares; taxes withheld
Paysafe Ltd’s Chief Legal & People Officer, Elliott Wiseman, reported compensation-related stock activity.
Rhea-AI Filing Summary
Paysafe Ltd’s Chief Legal & People Officer, Elliott Wiseman, reported compensation-related stock activity. On April 1, 2026, restricted stock vested and was exercised into 86,295 shares of common stock, classified as an exercise or conversion of a derivative security.
To cover tax obligations, the company withheld a total of 51,397 common shares in two tax-withholding dispositions at prices of $6.71 and $7.41 per share. Following these transactions, Wiseman directly held 181,019 shares of Paysafe common stock. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
86,295 shares exercised/converted
Exercise
4 txns
Insider
Wiseman Elliott
Role
Chief Legal & People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock | 86,295 | $0.00 | $0.00 |
| Exercise | Common Stock | 86,295 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 41,637 | $6.71 | $279K |
| Exercise Price or Tax Liability | Common Stock | 9,760 | $7.41 | $72K |
Holdings After Transaction:
Restricted Stock — 317,294 contracts (Direct);
Common Stock — 181,019 shares (Direct)
Footnotes (1)
- F1. Vesting of Restricted Stock.
Key Figures
Restricted stock vested: 86,295 shares
Tax-withheld shares: 51,397 shares
Tax-withholding price 1: $6.71 per share
+2 more
5 metrics
Restricted stock vested
86,295 shares
Restricted Stock converted into common stock on April 1, 2026
Tax-withheld shares
51,397 shares
Shares withheld to cover tax liabilities on April 1, 2026
Tax-withholding price 1
$6.71 per share
41,637 common shares withheld at this price
Tax-withholding price 2
$7.41 per share
9,760 common shares withheld at this price
Shares owned after transactions
181,019 shares
Direct Paysafe common stock holdings after April 1, 2026 entries
Key Terms
Restricted Stock, derivative security, tax-withholding disposition, Form 4
4 terms
Restricted Stock financial
"On April 1, 2026, restricted stock vested and was exercised into 86,295 shares"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
derivative security financial
"classified as an exercise or conversion of a derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"two tax-withholding dispositions at prices of $6.71 and $7.41 per share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"This Form 4 indicates an exercise or conversion of a derivative security"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Paysafe (PSFE) report for Elliott Wiseman?
Paysafe reported that Chief Legal & People Officer Elliott Wiseman had restricted stock vest, converting into 86,295 common shares. These transactions are classified as derivative exercises rather than open-market trades and relate to equity-based compensation awarded earlier.
Were there any open-market buys or sells by Elliott Wiseman in Paysafe (PSFE)?
The filing shows no open-market purchases or sales by Elliott Wiseman. All reported entries are derivative exercises of restricted stock and tax-withholding dispositions, where shares are delivered back to the issuer to satisfy tax obligations rather than sold in the open market.
What does the ‘M’ transaction code mean in this Paysafe (PSFE) Form 4?
The ‘M’ code in this Form 4 indicates an exercise or conversion of a derivative security. Here, it reflects the vesting and conversion of restricted stock into 86,295 Paysafe common shares for Elliott Wiseman as part of his equity compensation package.
What does the ‘F’ transaction code mean in Elliott Wiseman’s Paysafe (PSFE) filing?
The ‘F’ code represents a tax-withholding disposition, where shares are delivered to cover taxes owed on equity awards. In this filing, two F-code transactions show a combined 51,397 Paysafe common shares withheld to satisfy tax liabilities related to the vested restricted stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
