Payoneer (PAYO) CLO Tsafi Goldman Withholds 10,369 Shares
$PAYO · Payoneer Global Inc.Research Summary
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Payoneer (PAYO) CLO Tsafi Goldman Withholds 10,369 Shares
What Happened
Tsafi Goldman, Chief Legal & Governance Officer of Payoneer (PAYO), had 10,369 shares withheld on 2026-08-13 to satisfy tax obligations arising from the settlement of vested restricted stock units (RSUs). The withholding was reported as a disposition at $7.14 per share, totaling approximately $74,035. This was a tax-withholding event, not an open-market sale.
Key Details
- Transaction date: 2026-08-13; Filing date: 2026-08-14 (appears timely).
- Withheld: 10,369 shares at $7.14/share, value ≈ $74,035. (Disposition code F — tax withholding.)
- Footnote F1: Shares were withheld solely to cover the reporting person’s tax obligation from RSU settlement and do not represent an open market sale.
- Footnote F2: The filing also notes forfeiture of 15,000 RSUs from a Sept 9, 2021 grant that failed to meet price-threshold vesting conditions.
- Shares owned after transaction: not specified in the information provided in this summary.
Context
Tax-withholding by an employer on vested RSUs is a routine administrative transaction and does not necessarily indicate the insider is selling shares for other reasons. The filing shows a cashless/withholding-style disposition (code F) rather than a voluntary market sale or new purchase. The forfeiture note (15,000 RSUs) simply reflects RSUs that did not vest under their performance or price conditions.