Swales Richard 4
Research Summary
AI-generated summary
Paysafe (PSFE) Richard Swales Sells 18,849 Shares
What Happened
Richard Swales, Paysafe Ltd's Chief Risk & Compliance Officer, sold 18,849 shares of Paysafe stock in open-market/private sale transactions on March 19, 2026. The filing reports a weighted average sale price of $6.87 per share for total proceeds of approximately $129,398. The individual trades occurred at prices ranging from $6.74 to $7.04.
Key Details
- Transaction date: March 19, 2026 (reported on Form 4 filed March 20, 2026).
- Transaction type/code: Sale (S) — open-market or private sale.
- Shares sold: 18,849; weighted-average price: $6.87; total proceeds: ~$129,398.
- Price range (per footnote): $6.74 to $7.04; the filer can provide a breakdown of how many shares sold at each price upon request.
- Shares owned after the transaction: not specified in the excerpt of the filing provided.
- Filing timeliness: Reported the next day (filed March 20, 2026), indicating a timely Form 4 filing; no 10b5‑1 plan or tax-withholding note disclosed.
Context
This was a straightforward sale of shares by a company officer. Sales are often routine (liquidity/tax reasons) and do not necessarily indicate a change in the officer’s view of the company; purchases are typically more informative about insider sentiment. No option exercises, awards, or gifts are reported in this filing.