Caplan John 4
Research Summary
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Payoneer (PAYO) CEO John Caplan Withholds 25,873 Shares for Taxes
What Happened John Caplan, CEO of Payoneer Global Inc., had 25,873 shares withheld to satisfy tax obligations arising from the settlement of vested restricted stock units (RSUs). The withholding was executed at an effective price of $4.60 per share, representing a notional value of approximately $119,016. This was a tax-withholding disposal (code F) and not an open-market sale.
Key Details
- Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (timely)
- Shares withheld/disposed: 25,873 at $4.60 per share; total ≈ $119,016
- Transaction code: F (shares withheld to cover tax liability)
- Shares owned after transaction: Not specified in the filing
- Footnote: Withheld solely to cover the reporting person's tax obligation from vested RSUs; does not represent an open market sale
Context This was a routine tax-withholding event following RSU vesting (a cashless settlement), not an active sale in the market. Such withholdings are administrative and do not necessarily indicate the insider's view on the company's shares.