Timpone Karin Mullane 4
Research Summary
AI-generated summary
Paysafe (PSFE) Director Karin Timpone Receives 22,157-Share Award
What Happened Karin Timpone (Director) received an equity award under Paysafe’s Non‑Employee Director Compensation Program that vested in full on 2026-05-26. The grant was for 22,157 shares at $7.56 per share (gross value $167,507). To satisfy tax withholding, 9,708 of those shares were surrendered/withheld at the same per‑share price (value ~$73,392), leaving a net of 12,449 shares retained (net value ~ $94,114).
Key Details
- Transaction dates: Grant and vesting on 2026-05-26; Form 4 filed 2026-05-27 (appears timely).
- Grant (code A): 22,157 shares @ $7.56 — gross value $167,507.
- Tax withholding (code F): 9,708 shares @ $7.56 — value ~$73,392 (disposed to cover tax liability).
- Net shares retained from the award: 12,449 shares (22,157 − 9,708).
- Shares owned after transaction: not disclosed in the filing.
- Footnote: Award granted under the Issuer’s Non‑Employee Director Compensation Program and vested in full on the grant date.
- Transaction codes: A = award/grant; F = payment of tax liability via share withholding.
Context This transaction is director compensation rather than an open‑market purchase or sale. The withholding of shares to cover taxes is a common, administrative step and does not necessarily indicate the director’s view on the stock. The grant vested immediately, so there was no multi‑year service vesting event tied to this filing.