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Payoneer (NASDAQ: PAYO) CFO has shares withheld to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Payoneer Global Inc. Chief Financial Officer Beatrice Ordonez reported a routine tax-related share disposition. A total of 3,303 shares of common stock were withheld at $4.96 per share to cover her tax obligation from vested restricted stock units, not through an open market sale. After this withholding, she directly holds 2,912,266 shares of Payoneer common stock.

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Insider Ordonez Beatrice
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 3,303 $4.96 $16K
Holdings After Transaction: Common Stock — 2,912,266 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 3,303 shares Tax obligation on vested restricted stock units
Withholding price per share $4.96 per share Value used for tax-withholding disposition
Shares held after transaction 2,912,266 shares Direct Payoneer common stock holdings after Form 4 event
Tax-withholding transactions 1 transaction, 3,303 shares Form 4 transactionSummary for code F
restricted stock units financial
"arising from the settlement of vested restricted stock units and does not represent"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
""transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Financial Officer financial
""officer_title": "Chief Financial Officer""
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ordonez Beatrice

(Last)(First)(Middle)
195 BROADWAY
27TH FLOOR

(Street)
NEW YORK NEW YORK 10007

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Payoneer Global Inc. [ PAYO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026F3,303(1)D$4.962,912,266D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld solely to cover the Reporting Person's tax obligation arising from the settlement of vested restricted stock units and does not represent an open market sale.
/s/ Eric Morais, attorney-in-fact for Beatrice Ordonez05/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did PAYO CFO Beatrice Ordonez report in this Form 4?

Beatrice Ordonez reported shares withheld to cover taxes, not a market sale. Specifically, 3,303 Payoneer common shares were withheld in connection with vested restricted stock units, reflecting a routine compensation-related tax payment rather than an active trading decision.

How many PAYO shares were withheld for taxes in this filing?

A total of 3,303 Payoneer Global Inc. common shares were withheld. The shares were valued at $4.96 each for this purpose and were used solely to satisfy the Chief Financial Officer’s tax obligation from the settlement of vested restricted stock units.

Is the PAYO CFO’s Form 4 transaction an open market sale?

No, the transaction is not an open market sale. The footnote clarifies the 3,303 shares were withheld solely to satisfy the CFO’s tax obligation on vested restricted stock units, distinguishing it from a discretionary sale in the open market.

How many PAYO shares does the CFO hold after this tax withholding?

Following the tax-related withholding of 3,303 shares, the Chief Financial Officer directly holds 2,912,266 Payoneer common shares. This figure represents her direct ownership after the transaction recorded in this Form 4 filing.

What does transaction code F mean in the PAYO Form 4?

Transaction code F indicates a tax-withholding disposition. In this case, it shows shares of Payoneer common stock were withheld to pay the CFO’s tax liability from the settlement of vested restricted stock units instead of being sold in the open market.