| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PAYO | Common Stock | Tax liability | -$34.3K | -6.38K | -0.88% | $5.38 | 720K | Nov 27, 2023 | Direct | F1 |
| transaction | PAYO | Common Stock | Sale | -$32.5K | -6.12K | -0.85% | $5.31 | 714K | Nov 27, 2023 | Direct | F2 |
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 on June 15, 2023. |