Ordonez Beatrice 4
Research Summary
AI-generated summary
Payoneer (PAYO) CFO Beatrice Ordonez Withholds 49,282 Shares
What Happened
- Beatrice Ordonez, CFO of Payoneer Global Inc. (PAYO), had 49,282 shares withheld to satisfy tax obligations arising from the settlement of vested restricted stock units (RSUs). The filing shows the shares were valued at $5.35 each, totaling $263,659. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date and price: Feb 19, 2026 — 49,282 shares at $5.35 per share (total $263,659).
- Transaction code: F (payment of exercise price or tax liability; tax withholding).
- Shares owned after transaction: Not specified in the provided filing.
- Filing date: Feb 20, 2026 — appears timely (filed the day after the reported transaction).
- Footnote: F1 — "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."
Context
- This is a routine tax-withholding event following RSU vesting (a non‑market disposition). It does not reflect an open‑market sale or necessarily indicate a change in the insider's view of the company. Such withholdings are common when equity awards vest.