PayPal (PYPL) executive Frank Keller vests 1,639 RSUs and updates share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PayPal Holdings, Inc. executive Frank Keller, President, Checkout Solutions & PayPal, had 1639 restricted stock units convert into 1639 shares of common stock on 2026-07-15. To satisfy tax obligations related to this vesting, 907 shares were withheld. After these transactions, he holds 42299 common shares directly and 4917 restricted stock units outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,639 shares exercised/converted
Mixed
3 txns
Insider
Keller Frank
Role
Pres., Checkout Sol. & PayPal
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -8 | 1,639 | $0.00 | -- |
| Exercise | Common Stock | 1,639 | $0.00 | -- |
| Tax Withholding | Common Stock | 907 | $47.37 | $43K |
Holdings After Transaction:
Restricted Stock Units -8 — 4,917 shares (Direct);
Common Stock — 43,206 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award, and 1/12 on each quarterly anniversary of the grant date thereafter until the third anniversary of the grant date, on which date the grant shall be fully vested. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested. Not applicable.
Key Figures
Shares acquired via RSU conversion: 1639 shares
Shares withheld for taxes: 907 shares
Implied value per withheld share: 47.3700 USD per share
+2 more
5 metrics
Shares acquired via RSU conversion
1639 shares
Restricted stock units converted to common stock on 2026-07-15
Shares withheld for taxes
907 shares
Shares withheld to satisfy tax withholding obligations on RSU vesting
Implied value per withheld share
47.3700 USD per share
Price associated with tax-withholding disposition of 907 shares
Direct common shares after transactions
42299 shares
Direct PayPal common stock holdings following 2026-07-15 events
Restricted stock units remaining
4917 units
RSUs outstanding after 1639 units converted into common stock
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, contingent right
4 terms
Restricted Stock Units financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
What insider transactions did PayPal (PYPL) executive Frank Keller report for 2026-07-15?
Frank Keller reported 1639 restricted stock units converting into 1639 shares of PayPal common stock, with 907 shares withheld to cover tax obligations related to the vesting, and updated share and RSU holdings afterward.
How many restricted stock units does Frank Keller still hold in PayPal (PYPL)?
After the vesting event, Frank Keller continues to hold 4917 restricted stock units. Each unit represents a contingent right to receive one share of PayPal common stock upon future vesting, providing additional potential equity exposure.
What is the vesting schedule for Frank Keller’s PayPal (PYPL) restricted stock units?
The restricted stock unit grant follows a three-year vesting schedule: 1/3 vests on the one-year anniversary of the grant date, then 1/12 vests quarterly until the third anniversary, when the award becomes fully vested in common shares.