PayPal (NASDAQ: PYPL) risk chief vests 8,522 shares, 3,883 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PayPal Holdings EVP and Global Chief Risk Officer Aaron Webster reported routine equity compensation activity. On April 15, 2026, restricted stock units converted into 8,522 shares of common stock, reflecting the vesting terms of prior RSU awards.
To cover tax obligations related to this vesting, 3,883 shares of common stock were withheld at a price of $47.97 per share, as described in the footnotes. After these transactions, Webster directly held 56,111 shares of PayPal common stock, indicating this was primarily a compensation and tax-withholding event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,522 shares exercised/converted
Mixed
5 txns
Insider
Webster Aaron
Role
EVP, Global Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -1 | 5,900 | $0.00 | -- |
| Exercise | Restricted Stock Units -2 | 2,622 | $0.00 | -- |
| Exercise | Common Stock | 5,900 | $0.00 | -- |
| Exercise | Common Stock | 2,622 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,883 | $47.97 | $186K |
Holdings After Transaction:
Restricted Stock Units -1 — 23,601 shares (Direct);
Restricted Stock Units -2 — 10,488 shares (Direct);
Common Stock — 57,372 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
RSU shares vested: 8,522 shares
Tax withholding shares: 3,883 shares
Withholding reference price: $47.97 per share
+4 more
7 metrics
RSU shares vested
8,522 shares
Shares of PayPal common stock from RSU conversion on April 15, 2026
Tax withholding shares
3,883 shares
Common shares withheld to satisfy tax obligations at vesting
Withholding reference price
$47.97 per share
Price used for the 3,883-share tax-withholding disposition
Post-transaction holdings
56,111 shares
Aaron Webster’s direct PayPal common stock holdings after transactions
First RSU conversion
5,900 units/shares
Restricted Stock Units -1 converting into common stock
Second RSU conversion
2,622 units/shares
Restricted Stock Units -2 converting into common stock
Total derivative exercises
8,522 units
Exercise or conversion of derivative securities per transaction summary
Key Terms
Restricted Stock Units, tax withholding obligations, three-year vesting schedule, contingent right, +1 more
5 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 of shares"
three-year vesting schedule financial
"The reporting person received a restricted stock unit grant subject to a three-year vesting schedule"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transactions did PayPal (PYPL) executive Aaron Webster report?
Aaron Webster reported RSU vesting that converted into 8,522 PayPal common shares. As part of this equity compensation event, some shares were simultaneously withheld to satisfy tax obligations, rather than being sold in the open market.
What do the restricted stock unit (RSU) terms for PayPal (PYPL) specify?
Each restricted stock unit represents a contingent right to receive one PayPal common share. The grant vests over three years, with one-third after one year and the remainder in quarterly installments until the third anniversary, when the award becomes fully vested.
Was Aaron Webster’s PayPal (PYPL) transaction an open-market sale or purchase?
No open-market purchase or sale was reported. The filing shows RSU exercises converting into common shares and a tax-withholding disposition, where shares were withheld to satisfy tax liabilities, not sold on the open market.