Ordonez Beatrice 4

What Happened
Beatrice Ordonez, Payoneer (PAYO) Chief Financial Officer, had 3,303 shares withheld on 2026-05-20 to cover tax obligations tied to the settlement of vested restricted stock units (RSUs). The shares were valued at $4.96 each for a total withholding of about $16,383. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-05-20; filing date (Form 4): 2026-05-21 (timely filing).
• Price per share: $4.96; shares withheld: 3,303; total value ≈ $16,383.
• Transaction code: F — tax withholding to satisfy tax liability from RSU settlement.
• Footnote: Shares were withheld solely to cover the reporting person’s tax obligation and do not represent an open market sale.
• Shares owned after the transaction: not specified in the provided filing details.

Context
Tax-withholding by withholding or surrendering company shares is a routine administrative step after RSUs vest and generally does not indicate a manager's view of the company. This is a neutral event (not a purchase) and should be interpreted differently from open-market sales or purchases.