Form 4: Payoneer Global Inc. CFO Beatrice Ordonez Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Chief Financial Officer of Payoneer Global Inc., Beatrice Ordonez, reports the disposal of 55,836 shares to cover tax obligations arising from the settlement of vested restricted stock units.
Summary
- On April 17, 2024, Beatrice Ordonez, the Chief Financial Officer of Payoneer Global Inc., disposed of 55,836 shares of common stock.
- The shares were withheld to cover the reporting person's tax obligation arising from the settlement of vested restricted stock units.
- The transaction price was $4.82 per share.
- Following the transaction, Ordonez beneficially owns 2,676,192 shares of Payoneer Global Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the small number of shares disposed of by the CFO.
Key Dates
| Date | Description |
|---|---|
| 04/17/2024 | Date of transaction: Disposal of 55,836 shares of Payoneer Global Inc. common stock. |
| 04/18/2024 | Date of signature for the report. |
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