Paysafe (PSFE) CFO John Crawford Exercises 32,331 Shares

What Happened

• John Harland Crawford, Paysafe's Chief Financial Officer, had 32,331 derivative units convert into common shares on 2026-09-03 (reported 2026-09-04). The filing shows 7,873 of those shares were withheld to satisfy tax/exercise obligations at $6.79 per share, totaling $53,458. The net shares issued to Crawford were 24,458 (32,331 gross − 7,873 withheld). A corresponding derivative record shows the instruments were converted/cancelled with no cash proceeds.

Key Details

• Transaction date: 2026-09-03; filing date: 2026-09-04.
• Codes: M = exercise/conversion of derivative (32,331 shares); F = tax withholding/payment (7,873 shares at $6.79, $53,458).
• Footnote F1: Vesting of Restricted Stock (the conversion reflects vesting/settlement of restricted/derivative awards).
• Net new shares received by insider: 24,458 (based on reported gross and withheld amounts).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Filing timeliness: reported the next day (appears timely).

Context

• This appears to be a routine vesting/settlement of restricted stock or similar derivative award rather than an open-market purchase or discretionary sale. The withholding of shares to cover taxes/exercise cost is common and should not be read as a market-sale signal. No cash sale of shares was reported.