PayPal director receives 8,271-share stock grant
DORMAN DAVID W reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DORMAN DAVID W reported acquisition or exercise transactions in this Form 4 filing.
PayPal Holdings, Inc. director David W. Dorman received an equity award of 8,271 shares of common stock as compensation. The grant is a fully vested stock payment made under the company’s Independent Director Compensation Policy, promptly following the annual meeting of stockholders.
The number of shares granted represents $362,500 divided by PayPal’s closing stock price on the grant date, rounded up to the nearest whole share. Following this award, Dorman directly holds 81,121 shares of common stock and also has indirect holdings through several 2021 Family Trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,271 shares
Grant/Award
6 txns
Insider
DORMAN DAVID W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,271 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 81,121 shares (Direct);
Common Stock — 495 shares (Indirect, 2021 Family Trust 1);
Common Stock — 605 shares (Indirect, 2021 Family Trust 2);
Common Stock — 150 shares (Indirect, 2021 Family Trust 3);
Common Stock — 72 shares (Indirect, 2021 Family Trust 4);
Common Stock — 225 shares (Indirect, 2021 Family Trust 5)
Footnotes (1)
- F1. Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted a fully vested stock payment award for common stock promptly following the Company's annual meeting of stockholders. The number of shares of common stock granted represents the quotient of (A) $362,500 divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.
Key Figures
Stock award shares: 8,271 shares
Award value: $362,500
Direct holdings after award: 81,121 shares
+2 more
5 metrics
Stock award shares
8,271 shares
Fully vested stock payment award to director
Award value
$362,500
Dollar value used to calculate granted shares
Direct holdings after award
81,121 shares
Common stock directly held by David W. Dorman
Family Trust 5 holdings
225 shares
Common stock held indirectly via 2021 Family Trust 5
Family Trust 2 holdings
605 shares
Common stock held indirectly via 2021 Family Trust 2
Key Terms
Independent Director Compensation Policy, fully vested stock payment award, annual meeting of stockholders, Common Stock
4 terms
Independent Director Compensation Policy financial
"Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted a fully vested stock payment award"
fully vested stock payment award financial
"has been granted a fully vested stock payment award for common stock promptly following the Company's annual meeting"
annual meeting of stockholders financial
"stock payment award for common stock promptly following the Company's annual meeting of stockholders"
Common Stock financial
"The number of shares of common stock granted represents the quotient of (A) $362,500 divided by (B) the Company's closing stock price"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PayPal (PYPL) director David W. Dorman report in this Form 4?
David W. Dorman reported receiving an equity award of 8,271 shares of PayPal common stock. The award is a fully vested stock payment granted under PayPal’s Independent Director Compensation Policy, tied to his service as an independent director after the annual stockholder meeting.
How large is the stock award PayPal (PYPL) granted to director David W. Dorman?
The award is valued at $362,500 and delivered as 8,271 shares of common stock. The number of shares equals $362,500 divided by PayPal’s closing stock price on the grant date, rounded up to the nearest whole share, making it a stock-based compensation grant.
Is David W. Dorman’s PayPal (PYPL) stock grant an open-market purchase or a compensation award?
It is a compensation award, not an open-market purchase. The Form 4 transaction code “A” shows a grant or other acquisition, and the footnote explains it is a fully vested stock payment granted under the Independent Director Compensation Policy after the annual meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
