PayPal (PYPL) accounting chief sells 1,213 shares in open market

Rhea-AI Filing Summary

PayPal Holdings, Inc. senior vice president and chief accounting officer Chris Natali reported an open-market sale of 1,213 shares of PayPal common stock. The shares were sold at a price of $40.49 per share. After this transaction, Natali directly holds 404 PayPal common shares.

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

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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^*

Natali Chris

(Last) (First) (Middle)

C/O PAYPAL HOLDINGS, INC.

2211 NORTH FIRST STREET

(Street)

SAN JOSE CA 95131

(City) (State) (Zip)

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)
	SVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/17/2026		S		1,213	D	$40.49	404	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:

Remarks:

The transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted on November 18, 2025.

	By: Brian Yamasaki For: Chris Natali	02/18/2026
	** 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.

FAQ

What insider transaction did PayPal (PYPL) report for Chris Natali?

PayPal reported that Chris Natali, its SVP and Chief Accounting Officer, sold 1,213 shares of common stock. The transaction was an open-market sale, reflecting routine insider activity rather than a corporate action by PayPal itself.

How many PayPal (PYPL) shares did Chris Natali sell and at what price?

Chris Natali sold 1,213 shares of PayPal common stock at $40.49 per share. This was an open-market sale, as disclosed in a Form 4 insider trading report filed with regulators.

How many PayPal (PYPL) shares does Chris Natali own after the sale?

Following the reported transaction, Chris Natali directly owns 404 shares of PayPal common stock. This post-transaction holding reflects his remaining direct ownership after selling 1,213 shares in the open market.

What role does Chris Natali hold at PayPal (PYPL) in this Form 4 filing?

In the Form 4 filing, Chris Natali is identified as PayPal’s senior vice president and chief accounting officer. His status as an officer makes his trades subject to insider reporting rules and public disclosure requirements.

Was the PayPal (PYPL) insider sale by Chris Natali a direct transaction?

Yes, the filing classifies Chris Natali’s 1,213-share sale as a direct transaction. The ownership code is listed as direct, indicating the shares were held and sold directly rather than through an intermediary entity or trust.