PayPal markets chief sells 3,379 shares in plan

PayPal Holdings, Inc. (PYPL) reports that Suzan Kereere, President, Global Markets, sold 3,379 shares of common stock on September 3, 2026 in a series of open-market transactions under a Rule 10b5-1 plan adopted on November 14, 2025.

Rhea-AI Filing Summary

PayPal Holdings, Inc. (PYPL) reports that Suzan Kereere, President, Global Markets, sold 3,379 shares of common stock on September 3, 2026 in a series of open-market transactions under a Rule 10b5-1 plan adopted on November 14, 2025.

The sales included 1,100 shares at a weighted average price of $54.5282 (range $54.09–$55.01), 995 shares at $55.7908 (range $55.56–$56.49), and 1,284 shares at $56.6898 (range $56.58–$56.84). No post-transaction share balance is reported in this Form 4.

Insider Trade Summary 10b5-1

Net Seller: 3,379 shares

Net Sell 3 txns

Insider Kereere Suzan

Role President, Global Markets

Sold 3,379 shs ($188K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	1,100	$54.5282	$60K
Sale	Common Stock F2	995	$55.7908	$56K
Sale	Common Stock F3	1,284	$56.6898	$73K

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

Footnotes (3)

1. F1. Represents the weighted average price of shares sold at prices that ranged from $54.0900 to $55.0100.
2. F2. Represents the weighted average price of shares sold at prices that ranged from $55.5600 to $56.4900.
3. F3. Represents the weighted average price of shares sold at prices that ranged from $56.5800 to $56.8400.

Key Figures

Total shares sold: 3,379 shares First tranche sold: 1,100 shares at $54.5282 Second tranche sold: 995 shares at $55.7908 +2 more

5 metrics

Total shares sold 3,379 shares Aggregate common stock sales reported for September 3, 2026

First tranche sold 1,100 shares at $54.5282 Weighted average price; range $54.09–$55.01 on September 3, 2026

Second tranche sold 995 shares at $55.7908 Weighted average price; range $55.56–$56.49 on September 3, 2026

Third tranche sold 1,284 shares at $56.6898 Weighted average price; range $56.58–$56.84 on September 3, 2026

Rule 10b5-1 plan adoption date November 14, 2025 Date the trading plan governing these sales was adopted

Key Terms

Rule 10b5-1 plan, weighted average price, open market

3 terms

Rule 10b5-1 plan regulatory

"transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

weighted average price financial

"Represents the weighted average price of shares sold at prices that ranged"

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.

open market market

"Sale in open market or private transaction"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

FAQ

What insider transaction did PYPL report for Suzan Kereere on this Form 4?

The filing reports that Suzan Kereere, President, Global Markets of PayPal Holdings, Inc. (PYPL), sold a total of 3,379 shares of PayPal common stock in open-market transactions on September 3, 2026.

At what prices were the PYPL shares sold in Suzan Kereere’s September 3, 2026 transactions?

The sales used weighted average prices of $54.5282 (range $54.09–$55.01), $55.7908 (range $55.56–$56.49), and $56.6898 (range $56.58–$56.84) per share, according to the footnotes in the Form 4.

How many PayPal (PYPL) shares did Suzan Kereere sell in each transaction?

Suzan Kereere sold 1,100 shares at a weighted average of $54.5282, 995 shares at $55.7908, and 1,284 shares at $56.6898, for an aggregate of 3,379 shares of PayPal common stock.

Was Suzan Kereere’s PYPL stock sale made under a Rule 10b5-1 trading plan?

Yes. The Form 4 states that the reported transactions were made pursuant to a Rule 10b5-1 plan adopted on November 14, 2025, indicating they followed a pre-established trading program.

Does the Form 4 disclose Suzan Kereere’s PYPL holdings after these sales?

No. For each of the three transactions, the Form 4 leaves the “shares owned following transaction” field blank, so it does not state Suzan Kereere’s remaining PayPal share balance.

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

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Available on EDGAR 09/08/2026 - 05:45 PM Accepted by SEC EDGAR 09/08/2026 - 05:44 PM 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^*

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)
09/03/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/03/2026		S		1,100	D	$54.5282(1)	33,262	D
Common Stock	09/03/2026		S		995	D	$55.7908(2)	32,267	D
Common Stock	09/03/2026		S		1,284	D	$56.6898(3)	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)
				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 $54.0900 to $55.0100.

2. Represents the weighted average price of shares sold at prices that ranged from $55.5600 to $56.4900.

3. Represents the weighted average price of shares sold at prices that ranged from $56.5800 to $56.8400.

Remarks:

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

	By: Peter Kraus For: Suzan Kereere	09/08/2026
	** 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)