Payoneer Global Inc.: CFO Beatrice Ordonez sold 60,485 shares

What happened Beatrice Ordonez, chief financial officer, reported a payment to cover a tax obligation that disposed of 60,485 shares at $7.12 per share, for a total of $430,653, on Oct 16, 2026. The transaction is coded as F (payment of exercise price or tax liability).

Key details

• Transaction date and price: Oct 16, 2026 — 60,485 shares at $7.12 per share.
• Total value reported: $430,653.
• Shares owned after the transaction: not reported in this Form 4.
• Footnote F1: "Represents shares withheld solely to cover the Reporting Person's tax obligation arising from the settlement of vested restricted stock units and does not represent an open market sale."
• Form 4 filed Oct 19, 2026.

Why it may matter

• The filing shows shares were withheld to satisfy a tax obligation (code F) rather than an open market sale, per the filing's footnote.
• A filing does not show why the insider traded or why the company acted.