Ordonez Beatrice 4

What Happened
Beatrice Ordonez, Chief Financial Officer of Payoneer Global Inc. (PAYO), had 12,321 shares withheld on May 18, 2026 to satisfy tax obligations related to the settlement of vested restricted stock units (RSUs). The withholding was recorded at $4.60 per share, for a total value of $56,677. This was a tax-withholding action (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-18; filing date (Form 4): 2026-05-19. Filing appears timely.
• Withheld shares: 12,321 at $4.60 per share — total value ~$56,677.
• Shares owned after transaction: not specified in this filing.
• Footnote: F1 clarifies the shares were withheld solely to cover the reporting person’s tax obligation from settled RSUs and do not represent an open market sale.
• Transaction code: F (tax withholding).

Context
Share withholding to cover taxes on vested RSUs is a routine administrative action and does not necessarily indicate buying or selling intent in the market. It reduces the insider’s share count but is distinct from a sale executed on the open market.