Perry Itai 4
Research Summary
AI-generated summary
Payoneer (PAYO) Chief Accounting Officer Perry Itai Withholds 1,014 Shares
What Happened Perry Itai, Chief Accounting Officer of Payoneer Global Inc. (PAYO), had 1,014 shares withheld to satisfy a tax obligation tied to the settlement of vested restricted stock units. The withholding was reported as a disposal at $5.41 per share, totaling $5,486. This was a tax-withholding event (code F), not an open-market sale or a buy.
Key Details
- Transaction date: 2026-02-26
- Price per share: $5.41; Shares withheld/disposed: 1,014; Total value: $5,486
- Transaction code: F (shares withheld to cover tax liability)
- Footnote: Shares were withheld solely to cover the reporting person’s tax obligation from vested RSUs and do not represent an open market sale (F1).
- Shares owned after the transaction: not disclosed in the provided excerpt.
- Filing timeliness: Reported and filed on 2026-02-26 (appears timely).
Context This was a routine tax-withholding (cashless) action following RSU vesting. Such withholdings are common and generally do not signal insider sentiment about the company’s prospects—purchases are typically more informative for signaling confidence.