Itai Perry - 25 Nov 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Signature
/s/ Ben Ozeri, attorney-in-fact for Itai Perry
Issuer symbol
PAYO
Transactions as of
25 Nov 2024
Transactions value $
-$30,605
Form type
4
Filing time
26 Nov 2024, 20:12:35 UTC
Previous filing
20 Nov 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Tax liability -$13.6K -1.24K -0.61% $10.93 201K 25 Nov 2024 Direct F1
transaction PAYO Common Stock Sale -$17.1K -1.57K -0.78% $10.84 199K 26 Nov 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 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.
F2 The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 15, 2024.