Perry Itai 4

What Happened

• Perry Itai, Chief Accounting Officer of Payoneer Global Inc. (PAYO), had 5,896 shares withheld on Feb 19, 2026 to satisfy his tax obligation arising from the settlement of vested restricted stock units. The shares were recorded as disposed at $5.35 each, for a notional value of $31,544.
• This was a tax-withholding/cashless settlement of RSUs rather than an open-market sale, so it is a routine administrative disposition rather than an explicit sell decision.

Key Details

• Transaction date: 2026-02-19; price per share: $5.35; total notional value: $31,544.
• Transaction code: F (shares withheld to cover tax liability).
• 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."
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-02-20 for a 2026-02-19 transaction (filed the next day; not indicated as late).

Context

• Tax-withholding disposals like this are common when RSUs vest; they reduce the insider's outstanding shares but do not necessarily indicate a change in conviction about the company.
• For retail investors, purchases or open-market sales typically carry more signal weight than tax-withholding dispositions.