A significant insider transaction involving the exercise of company stock options was reported on November 21, by Itai Perry, Chief Accounting Officer at Payoneer Global (NASDAQ:PAYO), as per the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday revealed that Perry, Chief Accounting Officer at Payoneer Global in the Financials sector, exercised stock options for 13,042 shares of PAYO stock. The exercise price of the options was $0.01 per share.
The latest update on Thursday morning shows Payoneer Global shares up by 0.37%, trading at $10.89. At this price, Perry's 13,042 shares are worth $141,896.
Unveiling the Story Behind Payoneer Global
Payoneer Global Inc is the world's go-to partner for digital commerce, everywhere. The company started to empower global commerce by connecting businesses, professionals, countries, and currencies with its diversified cross-border payments platform.
Payoneer Global: Delving into Financials
Revenue Growth: Payoneer Global's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 19.34%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth ...