Arnon Kraft - Nov 13, 2023 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role
Chief Operating Officer
Signature
/s/ Kajal Shah-Sakaria, attorney-in-fact for Arnon Kraft
Stock symbol
PAYO
Transactions as of
Nov 13, 2023
Transactions value $
-$360,915
Form type
4
Date filed
11/15/2023, 04:34 PM
Previous filing
Feb 16, 2023
Next filing
Dec 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Sale -$361K -66.7K -7.98% $5.41 769K Nov 13, 2023 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 August 10, 2023.