Payoneer (PAYO) CFO Beatrice Ordonez Withholds 12,321 Shares

What Happened Beatrice Ordonez, Chief Financial Officer of Payoneer Global Inc., had 12,321 shares withheld on August 17, 2026 to cover tax obligations tied to the settlement of vested restricted stock units. The withholding was processed at $7.13 per share for a total value of approximately $87,849. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-08-17 (reported on Form 4 filed 2026-08-18, Accession 0000950103-26-012586)
• Shares withheld/disposed: 12,321 at $7.13 per share — total ~$87,849
• Transaction code: F (shares withheld to cover tax liability)
• Footnote: Shares were withheld solely to cover the Reporting Person’s tax obligation arising from settlement of vested RSUs and do not represent an open market sale (F1).
• Shares owned after the transaction: not disclosed in this filing.
• Filing timeliness: reported on the next business day; no late-file indication in the filing.

Context Tax-withholdings on vested RSUs are routine administrative transactions and do not necessarily signal the insider’s view of the company’s prospects. Unlike open-market sales, these withheld shares are used solely to satisfy tax withholding requirements rather than generate cash proceeds for the insider.