Ordonez Beatrice 4

What Happened

• Beatrice Ordonez, Chief Financial Officer of Payoneer Global Inc. (PAYO), had 60,485 shares withheld to satisfy tax obligations arising from the settlement of vested restricted stock units (RSUs). The withholding was recorded at $5.17 per share, totaling approximately $312,707.
• This filing reports a disposition via tax withholding (transaction code F). It is not an open-market sale and is a routine administrative step when RSUs vest.

Key Details

• Transaction date: 2026-04-16; Filing date: 2026-04-17 (appears timely).
• Shares withheld/disposed: 60,485 at $5.17 per share; total value ≈ $312,707.
• Transaction code: F (tax withholding to cover tax liability on vested RSUs).
• Footnote: Shares were withheld solely to cover the Reporting Person's tax obligation from RSU settlement and do not represent an open market sale (per F1).
• Shares owned after transaction: Not specified in the provided report.

Context

• Tax-withholding dispositions are common when RSUs vest; the company (or broker) typically withholds or retires shares to cover required payroll/tax withholding rather than selling those shares in the open market.
• Such withholdings are administrative and generally should not be interpreted as a directional signal about the insider’s view of the stock.