PayPal EVP Diego Scotti exercises 8,589 RSUs
PayPal Holdings EVP Diego Scotti exercised restricted stock units that vested into common shares and had a portion withheld for taxes.
Rhea-AI Filing Summary
PayPal Holdings EVP Diego Scotti exercised restricted stock units that vested into common shares and had a portion withheld for taxes. On April 15, 2026, 8,589 restricted stock units converted into the same number of PayPal common shares. Of those, 4,750 shares were withheld at $47.97 per share to cover tax obligations, rather than being sold on the open market.
Following these compensation-related transactions, Scotti directly held 38,128 shares of PayPal common stock and 25,762 restricted stock units, reflecting a net increase in his equity stake through vesting and partial tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,589 shares exercised/converted
Exercise
3 txns
Insider
Scotti Diego
Role
EVP, GM Consumer Group
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -1 | 8,589 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,589 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,750 | $47.97 | $228K |
Holdings After Transaction:
Restricted Stock Units -1 — 25,762 contracts (Direct);
Common Stock — 38,128 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 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
RSUs vested and exercised: 8,589 units/shares
Shares withheld for taxes: 4,750 shares
Tax withholding price: $47.97 per share
+2 more
5 metrics
RSUs vested and exercised
8,589 units/shares
Restricted stock units converted to PayPal common stock on April 15, 2026
Shares withheld for taxes
4,750 shares
Tax-withholding disposition at $47.97 per share tied to RSU vesting
Tax withholding price
$47.97 per share
Price used for 4,750 withheld shares to satisfy tax obligations
Common shares after transactions
38,128 shares
Direct PayPal common stock holdings following RSU vesting and tax withholding
Remaining restricted stock units
25,762 units
RSU balance after 8,589 units vested and converted into common shares
Key Terms
restricted stock unit, tax withholding obligations, derivative security, Form 4
4 terms
restricted stock unit financial
"The reporting person received a restricted stock unit grant subject to a three-year vesting schedule"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PayPal (PYPL) executive Diego Scotti report in this Form 4?
Diego Scotti reported the vesting and exercise of 8,589 restricted stock units into PayPal common shares. A portion of these shares was then withheld to satisfy tax obligations related to the vesting, which is a standard, compensation-driven event rather than an open-market trade.
What is the nature of the 8,589 restricted stock units in the PayPal (PYPL) filing?
Each unit is a restricted stock unit representing a contingent right to receive one PayPal common share. In this event, 8,589 RSUs vested and converted into the same number of shares, consistent with a long-term equity compensation schedule outlined for the executive.
Is Diego Scotti’s Form 4 for PayPal (PYPL) an open-market stock sale?
No, the Form 4 reflects RSU vesting and tax withholding, not an open-market sale. Shares were acquired through the conversion of 8,589 restricted stock units, and 4,750 shares were withheld to pay related taxes, a typical mechanism for equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
