PayPal (PYPL) markets president Suzan Kereere sells 4,162 shares in open trades
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,162 shares ($183,944)
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 — 31,183 shares (Direct, null)
Footnotes (1)
- Represents the weighted average price of shares sold at prices that ranged from $43.8300 to $44.7600. 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
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.
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.
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.