PayPal executive sells 29,581 company shares

PayPal Holdings, Inc. executive Frank Keller, EVP and GM of Large Enterprise & Merchant Platform, reported three open-market sales of PayPal common stock.

Rhea-AI Filing Summary

PayPal Holdings, Inc. executive Frank Keller, EVP and GM of Large Enterprise & Merchant Platform, reported three open-market sales of PayPal common stock. On March 3, 2026, he sold 8,901 shares at a weighted average price of $45.1915, 19,476 shares at $46.3517, and 1,204 shares at $46.8229. After these transactions, Keller directly owned 51,567 PayPal shares.

Insider Trade Summary

Net Seller: 29,581 shares

Net Sell 3 txns

Insider Keller Frank

Role EVP, GM, Large Ent & Mer Plat.

Sold 29,581 shs ($1.36M)

Type	Security	Shares	Price	Value
Sale	Common Stock	8,901	$45.1915	$402K
Sale	Common Stock	19,476	$46.3517	$903K
Sale	Common Stock	1,204	$46.8229	$56K

Holdings After Transaction: Common Stock — 51,567 shares (Direct)

Footnotes (3)

1. F1. Represents the weighted average price of shares sold at prices that ranged from $44.7300 to $45.6900.
2. F2. Represents the weighted average price of shares sold at prices that ranged from $45.7300 to $46.7200.
3. F3. Represents the weighted average price of shares sold at prices that ranged from $46.7300 to $46.9400.

FAQ

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What insider transaction did PayPal (PYPL) report for Frank Keller?

PayPal executive Frank Keller reported selling PayPal common stock in three open-market transactions. These trades were disclosed in a Form 4 and involved a total of 29,581 shares sold at various weighted average prices on March 3, 2026.

How many PayPal (PYPL) shares did Frank Keller sell and at what prices?

Frank Keller sold 29,581 PayPal shares across three trades. He sold 8,901 shares at $45.1915, 19,476 shares at $46.3517, and 1,204 shares at $46.8229, with prices in each trade representing weighted averages over disclosed intra-trade price ranges.

What is Frank Keller’s remaining PayPal (PYPL) share ownership after these sales?

After the reported open-market sales, Frank Keller directly owned 51,567 shares of PayPal common stock. The filing shows his direct ownership position after the final transaction on March 3, 2026, reflecting his updated stake in the company.

Were Frank Keller’s PayPal (PYPL) share sales open-market transactions?

Yes, all reported transactions were open-market sales of PayPal common stock. The Form 4 identifies each trade with transaction code “S,” described as a sale in an open market or private transaction, and labels them as non-derivative common stock transactions.

Do the PayPal (PYPL) insider sales disclose price ranges for the trades?

Yes, the filing notes each reported price as a weighted average with defined ranges. The prices for the three trades reflect grouped executions within ranges from $44.73 to $45.69, $45.73 to $46.72, and $46.73 to $46.94 per share, respectively.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/04/2026 - 05:58 PM EST Learn about SEC filing dates

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).

X

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^*

Keller Frank

(Last) (First) (Middle)

C/O PAYPAL HOLDINGS, INC.

2211 NORTH FIRST STREET

(Street)

SAN JOSE CA 95131

(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, GM, Large Ent & Mer Plat.

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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	03/03/2026		S		8,901	D	$45.1915(1)	72,247	D
Common Stock	03/03/2026		S		19,476	D	$46.3517(2)	52,771	D
Common Stock	03/03/2026		S		1,204	D	$46.8229(3)	51,567	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:

1. Represents the weighted average price of shares sold at prices that ranged from $44.7300 to $45.6900.

2. Represents the weighted average price of shares sold at prices that ranged from $45.7300 to $46.7200.

3. Represents the weighted average price of shares sold at prices that ranged from $46.7300 to $46.9400.

Remarks:

The transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted on October 30, 2025.

	By: Brian Yamasaki For: Frank Keller	03/04/2026
	** 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.