Perry Itai 4

What Happened

Perry Itai, Chief Accounting Officer of Payoneer Global Inc. (PAYO), had 4,797 shares withheld on February 18, 2026 to cover his tax obligation arising from the settlement of vested restricted stock units (RSUs). The withheld shares were valued at $5.39 each, totaling approximately $25,856. This was a tax-withholding transaction (Form 4 code F), not an open-market sale.

Key Details

• Transaction date: February 18, 2026
• Transaction type/code: Shares withheld for tax liability (F)
• Shares withheld/disposed: 4,797 at $5.39 per share — $25,856 total
• Shares owned after transaction: Not specified in the provided filing summary
• Notable footnotes:
  • F1: Withheld solely to cover the reporting person's tax obligation from RSU settlement; not an open-market sale.
  • F2: Filing notes 3,671 shares were acquired on Nov 29, 2025 under the issuer's Employee Stock Purchase Plan (May 31–Nov 29, 2025 period).
• Filing: Report filed on Feb 19, 2026 (one day after the transaction), which is timely for a Form 4.

Context

Tax-withholding on vested RSUs is a routine administrative transaction where the company retains (or instructs the withholding of) a portion of vested shares to meet required tax withholdings. Such withholdings do not indicate a deliberate open-market sale by the insider and should not be interpreted as a direct signal of the insider’s view on the company’s stock. The filing includes Exhibit 24 (Power of Attorney), a standard attachment.