PayPal (NASDAQ: PYPL) exec has 4,341 shares withheld for taxes
Rhea-AI Filing Summary
PayPal Holdings, Inc. executive Suzan Kereere, President, Global Markets, reported the vesting and exercise of 8,503 restricted stock units into an equal number of shares of common stock on 2026-08-15. These restricted stock units represent a contingent right to receive one share of PayPal common stock per unit and are subject to a three-year vesting schedule described in the grant terms.
In connection with this vesting, 4,341 shares of common stock were withheld at $61.66 per share to satisfy tax withholding obligations. Following the derivative transaction, Kereere held 17,004 restricted stock units directly, with future vesting to deliver additional shares of common stock as the remaining units vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,162 shares
Net Buy
3 txns
Insider
Kereere Suzan
Role
President, Global Markets
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -2 F2, F3, F4 | 8,503 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,503 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 4,341 | $61.66 | $268K |
Holdings After Transaction:
Restricted Stock Units -2 — 17,004 shares (Direct);
Common Stock — 35,145 shares (Direct)
Footnotes (4)
- F1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person.
- F2. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
- F3. The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award, and 1/12 on each quarterly anniversary of the grant date thereafter until the third anniversary of the grant date, on which date the grant shall be fully vested. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
- F4. Not applicable.
Key Figures
RSUs Exercised: 8,503 shares
Shares Withheld for Taxes: 4,341 shares
Withholding Price: $61.66 per share
+1 more
4 metrics
RSUs Exercised
8,503 shares
Restricted stock units converted into PayPal common stock on 2026-08-15
Shares Withheld for Taxes
4,341 shares
Common shares withheld to satisfy tax withholding obligations on vesting
Withholding Price
$61.66 per share
Per-share value used for tax withholding on 4,341 common shares
RSUs Remaining
17,004 units
Restricted stock units directly held by Suzan Kereere after the derivative transaction
Key Terms
Restricted Stock Units, contingent right, vesting schedule, tax withholding obligations
4 terms
Restricted Stock Units financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock"
vesting schedule financial
"received a restricted stock unit grant subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting"
FAQ
What insider equity transaction did PYPL executive Suzan Kereere report on this Form 4?
Suzan Kereere reported the vesting and exercise of 8,503 restricted stock units into common stock on 2026-08-15. This was part of a three-year vesting schedule associated with her restricted stock unit grant.
What is the size of Suzan Kereere’s remaining restricted stock unit position in PYPL after this transaction?
After the reported derivative transaction, Suzan Kereere directly held 17,004 restricted stock units. These units each represent a contingent right to receive one share of PayPal common stock upon future vesting.
How do Suzan Kereere’s PayPal restricted stock units convert into common stock?
Each restricted stock unit held by Suzan Kereere represents a contingent right to receive one share of PayPal common stock. Upon vesting under the grant’s schedule, she receives a number of shares equal to vested units.
What vesting schedule applies to Suzan Kereere’s PayPal (PYPL) restricted stock unit grant?
The restricted stock unit grant vests over three years: 1/3 on the one-year anniversary of the grant date and 1/12 each quarter thereafter until the third anniversary, when the award is fully vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.
