PayPal Holdings (PYPL) CEO vests 23,281 RSUs, withholds 9,724 shares
Rhea-AI Filing Summary
PayPal Holdings, Inc. reports that President and CEO James Alexander Chriss had 23,281 restricted stock units convert into an equal number of common shares on January 15, 2026. To cover tax obligations, 9,724 shares were withheld at $57.66 per share. He now directly holds 196,403 PayPal common shares and continues to hold 69,838 restricted stock units that vest over a three-year schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,557 shares
Net Buy
3 txns
Insider
Chriss James Alexander
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -1 | 23,281 | $0.00 | $0.00 |
| Exercise | Common Stock | 23,281 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,724 | $57.66 | $561K |
Holdings After Transaction:
Restricted Stock Units -1 — 69,838 shares (Direct);
Common Stock — 196,403 shares (Direct)
Footnotes (4)
- F1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
- F2. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
- F3. 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 (the 'Grant Date'), 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.
- F4. Not applicable.
Key Figures
RSUs converted: 23,281 shares
Shares withheld for taxes: 9,724 shares
Tax withholding price: $57.66 per share
+5 more
8 metrics
RSUs converted
23,281 shares
Restricted stock units converting into common stock on January 15, 2026
Shares withheld for taxes
9,724 shares
Common shares withheld to satisfy tax obligations on RSU vesting
Tax withholding price
$57.66 per share
Per-share value used for the 9,724-share tax-withholding disposition
Direct holdings post-transaction
196,403 shares
Direct PayPal common stock held by James Alexander Chriss after the reported transactions
RSUs remaining
69,838 units
Restricted stock units held by James Alexander Chriss after the January 15, 2026 conversion
RSU vesting period
3 years
Restricted stock unit grant vests over a three-year schedule
Initial vesting fraction
1/3
Portion of the RSU grant that vests on the one-year anniversary of the grant date
Quarterly vesting fraction
1/12
Portion of the RSU grant that vests on each quarterly anniversary after the first year
Key Terms
restricted stock units, tax withholding obligations, contingent right, vesting schedule
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 granted"
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"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock"
vesting schedule financial
"The reporting person received a restricted stock unit grant subject to a three-year vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did PYPL's CEO James Chriss report on January 15, 2026?
James Alexander Chriss reported 23,281 restricted stock units converting into the same number of PayPal common shares, plus a tax-withholding disposition of 9,724 shares at $57.66 per share, reflecting shares withheld to satisfy associated tax obligations.
What is the vesting schedule of the PayPal (PYPL) RSU grant to James Chriss?
The RSU grant follows a three-year vesting schedule: 1/3 vests on the one-year anniversary of the grant date, and 1/12 vests on each subsequent quarterly anniversary until the third anniversary, when the entire restricted stock unit grant is fully vested into common shares.
How many restricted stock units does PayPal (PYPL) CEO James Chriss still hold?
Following the January 15, 2026 conversion of 23,281 units, James Alexander Chriss continues to hold 69,838 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of PayPal common stock upon vesting under the grant’s three-year schedule.