STOCK TITAN

PayPal's Frank Keller acquires 1,639 vested shares

The April 15, 2024 award follows a three-year schedule, with one-third vesting after a year and one-twelfth quarterly thereafter.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

PayPal Holdings, Inc. (PYPL) reports that Frank Keller, listed as Pres., Checkout Sol. & PayPal, acquired 1,639 common shares when 1,639 restricted stock units vested on October 15, 2026. Another 907 common shares were withheld to satisfy tax withholding obligations tied to vesting. The reported post-transaction balance was 3,278 restricted stock units.

Insider Keller Frank
Role Pres., Checkout Sol. & PayPal
Type Security Shares Price Value
Exercise Restricted Stock Units -8 F2, F3, F4 1,639 $0.00 $0.00
Exercise Common Stock 1,639 $0.00 $0.00
Tax Withholding Common Stock F1 907 $56.10 $51K
Holdings After Transaction: Restricted Stock Units -8 — 3,278 contracts (Direct); Common Stock — 42,299 shares (Direct)
Footnotes (4)
  1. 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.
  2. F2. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
  3. F3. The reporting person received a restricted stock unit grant on April 15, 2024, 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.
  4. F4. Not applicable.
Restricted stock units vested 1,639 restricted stock units October 15, 2026
Common shares acquired 1,639 shares On vesting, October 15, 2026
Shares withheld for tax obligations 907 shares In connection with vesting on October 15, 2026
Post-transaction restricted stock units 3,278 restricted stock units Following the October 15, 2026 transaction
Reported price per share $56.10 per share For the 907 shares withheld on October 15, 2026
Restricted Stock Units technical
"restricted stock units granted to the Reporting Person"
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 schedule technical
"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.
tax withholding obligations financial
"to satisfy tax withholding obligations"

FAQ

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

How many PYPL shares did Frank Keller acquire on October 15, 2026?

Frank Keller acquired 1,639 PayPal common shares as 1,639 restricted stock units vested on October 15, 2026.

How many PYPL shares were withheld for taxes?

907 common shares were withheld to satisfy tax withholding obligations in connection with vesting on October 15, 2026. The reported price was $56.10 per share.

What was Frank Keller's PYPL restricted stock unit vesting schedule?

The restricted stock unit grant was made April 15, 2024, subject to a three-year vesting schedule: one-third vested on the first anniversary, then one-twelfth on each quarterly anniversary until the third anniversary, when the grant became fully vested.

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

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SEC Form 4
FORM 4UNITED 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).
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*
Keller Frank

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres., Checkout Sol. & PayPal
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/15/2026M1,639A$0.043,206D
Common Stock10/15/2026F907(1)D$56.142,299D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units -8(2)10/15/2026M1,639 (3) (4)Common Stock1,639$0.03,278D
Explanation of Responses:
1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
2. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
3. The reporting person received a restricted stock unit grant on April 15, 2024, 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.
4. Not applicable.
By: Peter Kraus For: Frank Keller10/16/2026
** Signature of Reporting PersonDate
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)

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