PYPL Form 4: Insider sale; 35,699 shares remain post-trade

Rhea-AI Filing Summary

PayPal Holdings (PYPL) reported an insider transaction by its EVP, Global Chief Risk Officer, Aaron Webster. On 11/10/2025, Webster executed three open-market sales of PayPal common stock at prices near $66.29.

The sales totaled 7,198 shares at $66.29, 934 shares at $66.2901, and 1,150 shares at $66.295. Following these transactions, Webster’s reported beneficial ownership was 35,699 shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Webster Aaron

(Last) (First) (Middle)

C/O PAYPAL HOLDINGS, INC

1000 PALM BLVD #605

(Street)

ISLE OF PALMS SC 29451-0605

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PayPal Holdings, Inc. [ PYPL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Global Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/10/2025		S		7,198	D	$66.29	37,783	D
Common Stock	11/10/2025		S		934	D	$66.2901	36,849	D
Common Stock	11/10/2025		S		1,150	D	$66.295	35,699	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	By: Brian Yamasaki For: Aaron Webster	11/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PayPal (PYPL) disclose in this Form 4?

An insider, EVP and Global Chief Risk Officer Aaron Webster, reported open-market sales of PayPal common stock on 11/10/2025.

How many PYPL shares were sold and at what prices?

Sales were 7,198 shares at $66.29, 934 shares at $66.2901, and 1,150 shares at $66.295.

How many PayPal shares does the insider hold after the sales?

Reported beneficial ownership after the transactions is 35,699 shares.

Who is the reporting person and their role at PayPal?

The reporting person is Aaron Webster, PayPal’s EVP, Global Chief Risk Officer.

What is the date of the earliest transaction reported?

The earliest transaction date disclosed is 11/10/2025.

Was this filed by one reporting person or multiple?

It was filed by one reporting person.