Ordonez Beatrice 4
Research Summary
AI-generated summary
Payoneer (PAYO) CFO Beatrice Ordonez Withholds 62,340 Shares for Taxes
What Happened Beatrice Ordonez, Chief Financial Officer of Payoneer Global Inc. (PAYO), had 62,340 shares withheld on January 27, 2026 to satisfy tax withholding related to vested restricted stock units. The withheld shares are reported at $5.39 each, totaling approximately $336,013. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-01-27
- Transaction type/code: F (shares withheld to cover tax liability from RSU settlement)
- Shares withheld/disposed: 62,340 at $5.39 each; total value ≈ $336,013
- Footnote: Shares withheld solely to cover the Reporting Person’s tax obligation from vested RSUs; not an open market sale (F1)
- Shares owned after the transaction: not specified in the provided filing summary
- Filing date: 2026-01-27 (filed same day; no late filing indicated)
- Exhibit noted: Exhibit 24 — Power of Attorney
Context Tax-withholding by withholding shares is a common, administrative step when restricted stock units vest and does not necessarily indicate a change in insider sentiment. Transaction code F denotes shares withheld to satisfy tax obligations rather than a voluntary sale or purchase.