PayPal Board Member Opts for Stock Payment Over Cash for Risk Committee Role
Rhea-AI Filing Summary
PayPal Holdings director David W. Dorman reported a new acquisition of 146 shares of common stock on June 23, 2025. The shares were received in lieu of cash compensation for his role on the company's Risk and Compliance Committee, valued at $10,465.75.
Following the transaction, Dorman's holdings include:
- 68,615 shares held directly
- 1,547 shares held indirectly through various 2021 Family Trusts
The stock award represents Dorman's prorated committee member retainer of $20,000 for the period from his appointment through December 31, 2025. The number of shares was calculated by dividing the prorated retainer by PayPal's closing stock price on the grant date. This equity-based compensation aligns with PayPal's Independent Director Compensation Policy and demonstrates the company's commitment to aligning director interests with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 146 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Pursuant to the Company's Independent Director Compensation Policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable in connection with his appointment as a member of the Company's Risk and Compliance Committee, effective as of June 23, 2025. The number of shares of common stock awarded represent the quotient of (A) $10,465.75 (representing the reporting person's Risk and Compliance Committee member retainer of $20,000, prorated to reflect the number of days from the date of his appointment to December 31, 2025), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.