PayPal (NASDAQ: PYPL) executive sells 4,612 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PayPal Holdings, Inc. executive Frank Keller, President of Checkout Solutions & PayPal, reported an open-market sale of Common Stock. He sold 4,612 shares at a price of $42.54 per share and now directly holds 41,567 PayPal shares. This filing records a routine insider share sale and the updated ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,612 shares ($196,194)
Net Sell
1 txn
Insider
Keller Frank
Role
Pres., Checkout Sol. & PayPal
Sold
4,612 shs ($196K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,612 | $42.54 | $196K |
Holdings After Transaction:
Common Stock — 41,567 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 4,612 shares
Sale price per share: $42.54 per share
Shares held after transaction: 41,567 shares
3 metrics
Shares sold
4,612 shares
Open-market sale of PayPal Common Stock
Sale price per share
$42.54 per share
Price for the 4,612 shares sold
Shares held after transaction
41,567 shares
Direct ownership after the sale
Key Terms
open-market sale, Common Stock, Form 4, transaction code "S"
4 terms
open-market sale financial
"transaction_action: "open-market sale" for Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title set to "Common Stock" in the transaction"
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.
Form 4 regulatory
"Insider transaction is reported on a Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" financial
"transaction_code is "S", indicating a sale"
FAQ
What insider transaction did PayPal (PYPL) report for Frank Keller?
PayPal reported that executive Frank Keller completed an open-market sale of Common Stock. He sold 4,612 shares at $42.54 per share, and the filing updates his remaining direct ownership in PayPal stock after this transaction.
What role does Frank Keller hold at PayPal (PYPL)?
Frank Keller is an officer of PayPal serving as President, Checkout Solutions & PayPal. His position makes his equity transactions reportable on Form 4 as an insider, providing transparency into his trading activity in PayPal stock.
What type of transaction was reported in this PayPal (PYPL) Form 4?
The Form 4 reports an open-market sale of PayPal Common Stock by Frank Keller. The transaction code was “S”, which indicates a sale in the open market or a private transaction, rather than an option exercise, gift, or tax withholding event.