PayPal (NASDAQ: PYPL) risk chief reports RSU vesting, tax sale on Form 4
Rhea-AI Filing Summary
PayPal Holdings, Inc. EVP and Global Chief Risk Officer Aaron Webster reported routine equity award activity on January 15, 2026. He converted 5,900 and 2,623 restricted stock units into PayPal common stock at an exercise price of $0.0 per share, reflecting scheduled vesting of prior grants. In connection with this vesting, 2,772 shares of common stock were disposed of at $57.66 per share to cover tax withholding obligations, rather than a discretionary open-market sale.
After these transactions, Webster directly owned 41,450 shares of PayPal common stock, along with 29,501 and 13,110 remaining restricted stock units tied to PayPal shares. Each restricted stock unit represents the right to receive one share of common stock as it vests under a three-year schedule, with portions vesting on the first anniversary of the grant date and quarterly thereafter until fully vested.
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FAQ
What does PayPal (PYPL) EVP Aaron Webster’s latest Form 4 report?
The Form 4 reports that EVP and Global Chief Risk Officer Aaron Webster had restricted stock units vest and convert into common stock on January 15, 2026, plus a related share disposal to cover taxes.
How many PayPal (PYPL) RSUs vested for Aaron Webster on January 15, 2026?
On January 15, 2026, 5,900 and 2,623 restricted stock units vested and were converted into an equal number of PayPal common shares at an exercise price of $0.0 per share.
Were Aaron Webster’s PayPal (PYPL) share disposals open-market sales?
No. The filing states that the 2,772 PayPal common shares disposed of at $57.66 per share represented shares withheld to satisfy tax withholding obligations related to RSU vesting.
How many PayPal (PYPL) shares does Aaron Webster own after these transactions?
After the reported transactions, Aaron Webster directly owned 41,450 shares of PayPal common stock.
What PayPal (PYPL) restricted stock units remain outstanding for Aaron Webster?
Following the vesting events, Webster held 29,501 and 13,110 restricted stock units, each representing a right to receive one PayPal common share upon vesting.
What is the vesting schedule for Aaron Webster’s PayPal restricted stock units?
The RSU grant vests over three years: 1/3 on the one-year anniversary of the grant date and 1/12 on each quarterly anniversary thereafter until the third anniversary, when it becomes fully vested.