PayPal SVP reports RSU vesting and tax withholding
PayPal Holdings, Inc. senior vice president and chief accounting officer Chris Natali reported routine equity compensation activity.
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Rhea-AI Filing Summary
PayPal Holdings, Inc. senior vice president and chief accounting officer Chris Natali reported routine equity compensation activity. Natali had 2,726 restricted stock units convert into the same number of shares of common stock. Of these, 943 shares at $47.97 per share were withheld to cover tax obligations, leaving a net increase in directly held common shares to 2,923. Following the vesting, Natali also continues to hold 13,629 restricted stock units subject to a three-year vesting schedule.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -1 | 2,726 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,726 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 943 | $47.97 | $45K |
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
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
contingent right financial
three-year vesting schedule financial
quarterly anniversary financial
FAQ
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What insider transaction did PayPal (PYPL) executive Chris Natali report?
What ongoing equity awards does Chris Natali have at PayPal (PYPL)?
Was the PayPal (PYPL) Form 4 a market sale by Chris Natali?
AI-generated analysis. How Rhea-AI works. Not financial advice.