PayPal executive sells 4,162 shares in open market

PayPal Holdings, Inc. President, Global Markets Suzan Kereere reported two open-market sales of PayPal common stock.

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Form Type

Rhea-AI Filing Summary

PayPal Holdings, Inc. President, Global Markets Suzan Kereere reported two open-market sales of PayPal common stock. She sold 3,962 shares at a weighted average price of $44.1624 per share and 200 shares at a weighted average price of $44.8650 per share. The prices reflect ranges from $43.83 to $44.76 and from $44.85 to $44.88, respectively, as disclosed in the footnotes. Following these transactions, she continues to hold more than 30,000 PayPal shares directly.

Insider Trade Summary 10b5-1

Net Seller: 4,162 shares

Net Sell 2 txns

Insider Kereere Suzan

Role President, Global Markets

Sold 4,162 shs ($184K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,962	$44.1624	$175K
Sale	Common Stock	200	$44.865	$9K

Holdings After Transaction: Common Stock — 30,983 shares (Direct)

Footnotes (2)

F1. Represents the weighted average price of shares sold at prices that ranged from $43.8300 to $44.7600.
F2. Represents the weighted average price of shares sold at prices that ranged from $44.8500 to $44.8800.

Key Figures

Shares sold (larger trade): 3,962 shares Shares sold (smaller trade): 200 shares Total shares sold: 4,162 shares +3 more

6 metrics

Shares sold (larger trade) 3,962 shares Open-market sale of PayPal common stock at $44.1624 weighted average

Shares sold (smaller trade) 200 shares Open-market sale of PayPal common stock at $44.8650 weighted average

Total shares sold 4,162 shares Net shares sold across both open-market transactions

Price range (3,962-share sale) $43.83–$44.76 Range of execution prices underlying $44.1624 weighted average

Price range (200-share sale) $44.85–$44.88 Range of execution prices underlying $44.8650 weighted average

Post-transaction holdings More than 30,000 shares Direct PayPal common stock ownership after reported sales

Key Terms

open-market sale, weighted average price, Common Stock, transaction code "S", +1 more

5 terms

open-market sale financial

"reported two open-market sales of PayPal common stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"sold 3,962 shares at a weighted average price of $44.1624"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock financial

"two open-market sales of PayPal common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code "S" regulatory

"transaction code “S” with the description “Sale in open market"

Form 4 regulatory

"The Form 4 shows post-transaction direct ownership above this level"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PayPal (PYPL) executive Suzan Kereere report?

Suzan Kereere reported selling PayPal common stock in two open-market transactions. She sold 3,962 shares at a weighted average price of $44.1624 and 200 shares at a weighted average price of $44.8650, while retaining more than 30,000 shares directly after the sales.

How many PayPal (PYPL) shares did Suzan Kereere sell and at what prices?

Kereere sold a total of 4,162 PayPal common shares in two trades. One trade covered 3,962 shares at a weighted average of $44.1624, and the other covered 200 shares at a weighted average of $44.8650, based on price ranges disclosed in the filing.

What are the price ranges behind the weighted average sale prices in the PayPal (PYPL) Form 4?

The weighted average prices reflect underlying sale ranges disclosed in the footnotes. For the 3,962-share sale, prices ranged from $43.83 to $44.76. For the 200-share sale, prices ranged from $44.85 to $44.88, indicating multiple execution prices within each transaction.

How many PayPal (PYPL) shares does Suzan Kereere hold after these reported sales?

After the reported transactions, Suzan Kereere continues to hold more than 30,000 PayPal shares directly. The Form 4 shows post-transaction direct ownership above this level, indicating she retains a substantial personal stake in PayPal following the open-market sales.

Were Suzan Kereere’s PayPal (PYPL) transactions classified as open-market sales?

Yes, both transactions are reported as open-market sales of PayPal common stock. The filing lists transaction code “S” with the description “Sale in open market or private transaction,” confirming they were standard disposition events rather than option exercises, gifts, or tax-withholding entries.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/20/2026 - 03:18 PM EDT

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^*

Kereere Suzan

(Last)

(First)

(Middle)

C/O PAYPAL HOLDINGS, INC.

2211 NORTH FIRST STREET

(Street)

SAN JOSE

CALIFORNIA

95131

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	President, Global Markets

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/19/2026		S		3,962	D	$44.1624⁽¹⁾	31,183	D
Common Stock	05/19/2026		S		200	D	$44.865⁽²⁾	30,983	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the weighted average price of shares sold at prices that ranged from $43.8300 to $44.7600.

2. Represents the weighted average price of shares sold at prices that ranged from $44.8500 to $44.8800.

Remarks:

The transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted on November 14, 2025.

	By: Brian Yamasaki For: Suzan Kereere	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR