PayPal exec sells 4,162 shares under 10b5-1 plan

PayPal Holdings, Inc. (PYPL) reported that Suzan Kereere, President, Global Markets, sold a total of 4,162 shares of common stock on August 18, 2026 in open-market transactions under a Rule 10b5-1 plan.

Rhea-AI Filing Summary

PayPal Holdings, Inc. (PYPL) reported that Suzan Kereere, President, Global Markets, sold a total of 4,162 shares of common stock on August 18, 2026 in open-market transactions under a Rule 10b5-1 plan. The sales comprised 3,362 shares at a weighted average price of $60.8563 (within a range of $60.23–$61.22) and 800 shares at a weighted average price of $61.4050 (within a range of $61.23–$61.50). Post-transaction share holdings were not reported in this filing.

Insider Trade Summary 10b5-1

Net Seller: 4,162 shares

Net Sell 2 txns

Insider Kereere Suzan

Role President, Global Markets

Sold 4,162 shs ($254K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	3,362	$60.8563	$205K
Sale	Common Stock F2	800	$61.405	$49K

Holdings After Transaction: Common Stock — 30,983 shares (Direct)

Footnotes (2)

1. F1. Represents the weighted average price of shares sold at prices that ranged from $60.2300 to $61.2200.
2. F2. Represents the weighted average price of shares sold at prices that ranged from $61.2300 to $61.5000.

Key Figures

Shares sold (first transaction): 3,362 shares Shares sold (second transaction): 800 shares Total shares sold: 4,162 shares +3 more

6 metrics

Shares sold (first transaction) 3,362 shares Common stock sale on August 18, 2026 at weighted average price

Shares sold (second transaction) 800 shares Common stock sale on August 18, 2026 at weighted average price

Total shares sold 4,162 shares Net shares sold across two Form 4 transactions

Weighted average price (first sale) $60.8563 per share Sales within price range $60.2300–$61.2200

Weighted average price (second sale) $61.4050 per share Sales within price range $61.2300–$61.5000

Rule 10b5-1 plan adoption date November 14, 2025 Plan governing the August 18, 2026 stock sales

Key Terms

Rule 10b5-1 plan, weighted average price, open market or private transaction

3 terms

Rule 10b5-1 plan regulatory

"transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

weighted average price financial

"Represents the weighted average price of shares sold at prices that ranged"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"transaction_code_description: Sale in open market or private transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PYPL report for Suzan Kereere on August 18, 2026?

PayPal (PYPL) reported that Suzan Kereere sold 4,162 shares of common stock on August 18, 2026. The transactions were open-market sales executed in two tranches at disclosed weighted average prices under a Rule 10b5-1 plan.

How many PYPL shares did Suzan Kereere sell in each transaction?

Suzan Kereere sold 3,362 shares in one transaction and 800 shares in a second transaction, totaling 4,162 shares. Both involved PayPal common stock and occurred on the same date, August 18, 2026.

At what prices were Suzan Kereere’s PYPL shares sold?

The first block of shares was sold at a weighted average price of $60.8563, within a range of $60.23–$61.22. The second block was sold at a weighted average price of $61.4050, within a range of $61.23–$61.50.

Was Suzan Kereere’s PYPL stock sale under a Rule 10b5-1 plan?

Yes. The filing states the transactions were made under a Rule 10b5-1 plan adopted on November 14, 2025. Such plans pre-arrange trade terms, which can reduce the informational value of the timing of these sales.

What is Suzan Kereere’s role at PayPal (PYPL) in this Form 4?

In this Form 4, Suzan Kereere is identified as an officer of PayPal, serving as President, Global Markets. The reported transactions involve her directly held shares of PayPal common stock.

Does the Form 4 show Suzan Kereere’s PYPL share holdings after the sales?

No. The Form 4 reports the shares sold and corresponding prices but does not provide a total for shares beneficially owned following these transactions. Only the transaction-level details are disclosed here.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 08/19/2026 - 07:10 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Kereere Suzan

(Last) (First) (Middle)

C/O PAYPAL HOLDINGS, INC.

2211 NORTH FIRST STREET

(Street)

SAN JOSE CALIFORNIA 95131

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President, Global Markets

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026

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

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

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

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	08/18/2026		S		3,362	D	$60.8563(1)	31,783	D
Common Stock	08/18/2026		S		800	D	$61.405(2)	30,983	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:

1. Represents the weighted average price of shares sold at prices that ranged from $60.2300 to $61.2200.

2. Represents the weighted average price of shares sold at prices that ranged from $61.2300 to $61.5000.

Remarks:

The transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted on November 14, 2025.

	By: Peter Kraus For: Suzan Kereere	08/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)