Caride Ignacio 4
Research Summary
AI-generated summary
Paysafe (PSFE) Director Ignacio Caride Receives Award, 22,157 Shares
What Happened
- Ignacio Caride, a Paysafe Ltd. (PSFE) director, was granted 22,157 shares under the company's Non‑Employee Director Compensation Program on 2026-05-26. The grant was valued at $7.56 per share, totaling $167,507.
- To cover the tax withholding on the award, 10,040 of those shares were surrendered/withheld at the same $7.56 price (value $75,902). Net shares delivered to Caride were 12,117 (22,157 granted minus 10,040 withheld).
- This was an award/compensation transaction (routine director compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-26; Form 4 filed 2026-05-27 (timely).
- Award: 22,157 shares @ $7.56 = $167,507 (Transaction code A = award/grant).
- Withholding/tax payment: 10,040 shares @ $7.56 = $75,902 (Transaction code F = shares withheld to satisfy tax liability).
- Net shares received by the director: 12,117 shares.
- Footnote: Award granted under Issuer's Non‑Employee Director Compensation Program and vested in full on grant date (per filing).
- Shares owned after the transaction: not specified in this filing.
Context
- This was a compensation award to a non‑employee director that vested immediately; withholding of shares to cover taxes is a common, routine practice and does not necessarily indicate the director's market view.
- Codes: A = award/grant; F = tax withholding/payment (not an open‑market sale).