PayPal (PYPL) Global Markets president receives 158,536 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PayPal Holdings, Inc. executive Suzan Kereere, President, Global Markets, reported equity compensation changes tied to restricted stock units. On March 1, 2026, 27,610 restricted stock units were converted into the same number of common shares, and 14,095 of those shares were withheld to cover tax obligations.
She also received a new grant of 158,536 restricted stock units on March 1, 2026, subject to a three-year vesting schedule with one-third vesting after one year and the remainder in quarterly installments. Each restricted stock unit represents the right to receive one share of PayPal common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,610 shares exercised/converted
Mixed
4 txns
Insider
Kereere Suzan
Role
President, Global Markets
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -3 | 27,610 | $0.00 | -- |
| Grant/Award | Restricted Stock Units -4 | 158,536 | $0.00 | -- |
| Exercise | Common Stock | 27,610 | $0.00 | -- |
| Tax Withholding | Common Stock | 14,095 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units -3 — 55,218 shares (Direct);
Restricted Stock Units -4 — 158,536 shares (Direct);
Common Stock — 58,593 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. The reporting person received a restricted stock unit grant on March 1, 2025, 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. Not applicable. The reporting person received a restricted stock unit grant on March 1, 2026, 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.
FAQ
What insider transactions did PayPal (PYPL) report for Suzan Kereere?
Suzan Kereere reported RSU vesting, a new RSU grant, and tax-share withholding. 27,610 restricted stock units converted to common stock, 14,095 shares were withheld for taxes, and she received 158,536 new restricted stock units subject to a three-year vesting schedule.
How many new restricted stock units did Suzan Kereere receive at PayPal (PYPL)?
Suzan Kereere received a grant of 158,536 restricted stock units. The award vests over three years, with one-third vesting after the first year and the remaining units vesting in equal quarterly installments until the third anniversary of the grant date.
What does the tax-withholding transaction mean in Suzan Kereere’s PayPal (PYPL) Form 4?
The Form 4 shows 14,095 PayPal common shares disposed of to satisfy tax withholding. These shares were withheld by the company in connection with RSU vesting, rather than sold in an open-market transaction, and relate to her equity compensation package.
How do Suzan Kereere’s PayPal (PYPL) restricted stock units vest?
Her RSU grants vest over three years. One-third of each grant vests on the first anniversary of the grant date, then one-twelfth vests on each quarterly anniversary until the third anniversary, when the grants become fully vested into common shares.
What is the relationship between Suzan Kereere’s RSUs and PayPal (PYPL) common stock?
Each of Suzan Kereere’s restricted stock units represents a contingent right to receive one share of PayPal common stock. As RSUs vest under the three-year schedules, they convert into shares, some of which may be withheld to cover applicable tax obligations.