Beatrice Ordonez - Jan 23, 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role
Chief Financial Officer
Signature
/s/ Kajal Shah-Sakaria, attorney-in-fact for Beatrice Ordonez
Stock symbol
PAYO
Transactions as of
Jan 23, 2024
Transactions value $
-$2,000
Form type
4
Date filed
1/24/2024, 06:00 PM
Previous filing
Jan 18, 2024
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Sale -$2K -400 -0.02% $5.00 2.13M Jan 23, 2024 Direct F1
* 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 The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2023.