Payoneer (PAYO) CFO Beatrice Ordonez Withholds 3,303 Shares for Taxes

What Happened Beatrice Ordonez, Chief Financial Officer of Payoneer Global Inc. (PAYO), had 3,303 shares withheld to satisfy her tax obligation arising from the settlement of vested restricted stock units. The withholding was recorded as a disposition at an effective price of $7.09 per share, totaling $23,418. This is a tax-withholding event (not an open-market sale).

Key Details

• Transaction date: 2026-08-20; filing date (Form 4): 2026-08-21 (timely).
• Action: Tax withholding on vested RSUs (transaction code F).
• Shares withheld/disposed: 3,303 at $7.09 each; total value $23,418.
• Footnote: F1 — 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.

Context Tax-withholding (sell-to-cover) transactions are routine when restricted stock units vest and do not necessarily indicate any change in the insider’s view of the company. Unlike an open-market sale, the shares were retained by the company to pay taxes rather than being sold on the market.