| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PAYO | Common Stock | Tax liability | -$92K | -14.7K | -1.13% | $6.27 | 1.29M | Sep 5, 2023 | Direct | F1 |
| transaction | PAYO | Common Stock | Sale | -$86.8K | -14.1K | -1.1% | $6.17 | 1.27M | Sep 5, 2023 | Direct | F2 |
| holding | PAYO | Common Stock | 1.56M | Sep 5, 2023 | By Trust | F3 |
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).
| 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. |
| F3 | Includes shares of common stock held of record by the Galit 2021 Trust (the "Galit Trust"). Members of the Reporting Person's immediate family are holders of the Galit Trust, and the Reporting Person serves as a trustee and may be deemed to exercise voting and investment power over such shares. |