PAYO - Insider Decision: Scott Galit Exercises Options At Payoneer Global For $333K | Benzinga
A large exercise of company stock options by Scott Galit, Director at Payoneer Global (NASDAQ:PAYO) was disclosed in a new SEC filing on April 3, as part of an insider exercise.
What Happened: Galit, Director at Payoneer Global, made a strategic move by exercising stock options for 94,103 shares of PAYO as detailed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission. The transaction value amounted to $333,124.
During Thursday's morning session, Payoneer Global shares up by 1.02%, currently priced at $4.95. Considering the current price, Galit's 94,103 shares have a total value of $333,124.
Discovering Payoneer Global: A Closer Look
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's Financial Performance
Revenue Growth: Payoneer Global's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 22.21%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with ...