PayPal Holdings exec vests 6,903 RSUs; 3,524 withheld
PayPal’s President, Global Markets reported RSU vesting into 6,903 shares, with 3,524 shares withheld for taxes and 41,412 RSUs remaining outstanding.
Rhea-AI Filing Summary
PayPal Holdings, Inc. (PYPL) reported that Suzan Kereere, President, Global Markets, had restricted stock units vest and convert into common stock on September 1, 2026. 6,903 restricted stock units were exercised into an equal number of PayPal common shares, with no cash exercise price.
Of the common shares received, 3,524 shares were withheld at a price of $52.665 per share to satisfy tax withholding obligations. Following this vesting event, Kereere holds 41,412 restricted stock units directly. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,903 shares exercised/converted
Exercise
3 txns
Insider
Kereere Suzan
Role
President, Global Markets
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -3 F2, F3, F4 | 6,903 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,903 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 3,524 | $52.665 | $186K |
Holdings After Transaction:
Restricted Stock Units -3 — 41,412 contracts (Direct);
Common Stock — 34,362 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 on March 1, 2025, 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, 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
Restricted stock units converted: 6,903 units
Shares withheld for taxes: 3,524 shares
Tax withholding price: $52.665 per share
+2 more
5 metrics
Restricted stock units converted
6,903 units
RSUs vesting and converting into PayPal common stock on September 1, 2026
Shares withheld for taxes
3,524 shares
Common shares withheld to satisfy tax withholding obligations on September 1, 2026
Tax withholding price
$52.665 per share
Price used for shares withheld for tax obligations associated with RSU vesting
RSUs held after transaction
41,412 units
Restricted stock units directly held by Suzan Kereere following the reported vesting event
RSU grant date
March 1, 2025
Grant of RSUs subject to a three-year vesting schedule
Key Terms
Restricted stock units, vesting, tax withholding obligations, Rule 10b5-1
4 terms
Restricted stock units financial
"The reporting person received a restricted stock unit grant on March 1, 2025"
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.
vesting financial
"subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations in connection with the vesting"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What equity award transaction did PYPL executive Suzan Kereere report?
Suzan Kereere reported the vesting and conversion of 6,903 restricted stock units into an equal number of shares of PayPal common stock on September 1, 2026, at an exercise price of $0.00 per share, reflecting previously granted equity compensation.
How many restricted stock units does Suzan Kereere still hold at PayPal (PYPL)?
After the September 1, 2026 vesting, Suzan Kereere continues to hold 41,412 restricted stock units directly. Each restricted stock unit represents a contingent right to receive one share of PayPal common stock upon future vesting.
Was a Rule 10b5-1 trading plan used for this PYPL Form 4 transaction?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmatively marked, and there is no footnote stating that the transactions were effected pursuant to a Rule 10b5-1 trading plan.
What is the vesting schedule for the PYPL restricted stock units granted to Suzan Kereere?
The reporting person received an RSU grant on March 1, 2025, vesting 1/3 on the first anniversary of the grant date and 1/12 on each quarterly anniversary thereafter until the third anniversary, when the grant becomes fully vested.
What types of transactions are reported in this PYPL Form 4?
The Form 4 reports: (1) an exercise/conversion of 6,903 RSUs into PayPal common stock, and (2) a related disposition of 3,524 common shares through share withholding for tax obligations tied to the RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
