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[Form 4] PayPal Holdings, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

PayPal Holdings (PYPL) insider transaction: EVP, GM Consumer Group Diego Scotti reported open‑market sales of common stock on 10/30/2025 pursuant to a Rule 10b5‑1 plan adopted on March 7, 2025.

The sales occurred in three tranches: 1,897 shares at a weighted average price of $68.406 (range $67.95–$68.92); 1,800 shares at $69.465 (range $69.07–$70.05); and 141 shares at $70.2049 (range $70.17–$70.29). After these transactions, Scotti directly beneficially owned 16,989 shares.

The filing classifies the transactions as dispositions (“S”) and indicates direct ownership. The disclosure notes the use of a pre‑arranged trading plan under Rule 10b5‑1, which schedules trades in advance.

Positive
  • None.
Negative
  • None.

Insights

Routine insider sale under 10b5‑1; neutral signal.

PayPal executive Diego Scotti executed pre‑planned sales on 10/30/2025 under a Rule 10b5‑1 plan adopted on March 7, 2025. The filing lists three dispositions at weighted average prices of $68.406, $69.465, and $70.2049, each with specified intraday price ranges.

These are standard open‑market transactions coded “S,” reflecting sales rather than option exercises. Following the trades, directly owned shares stand at 16,989. Because trades are under a 10b5‑1 plan, activity reflects a pre‑set schedule rather than discretionary timing.

Actual market impact depends on trade size relative to float and liquidity. Subsequent filings may provide additional transactions if the 10b5‑1 plan continues.

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*
Scotti Diego

(Last) (First) (Middle)
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET

(Street)
SAN JOSE CA 95131

(City) (State) (Zip)
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)
EVP, GM Consumer Group
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 10/30/2025 S 1,897 D $68.406(1) 18,930 D
Common Stock 10/30/2025 S 1,800 D $69.465(2) 17,130 D
Common Stock 10/30/2025 S 141 D $70.2049(3) 16,989 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 $67.9500 to $68.9200.
2. Represents the weighted average price of shares sold at prices that ranged from $69.0700 to $70.0500.
3. Represents the weighted average price of shares sold at prices that ranged from $70.1700 to $70.2900.
Remarks:
The transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted on March 7, 2025.
By: Brian Yamasaki For: Diego Scotti 10/31/2025
** 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.

FAQ

What insider activity did PYPL disclose?

An officer, Diego Scotti (EVP, GM Consumer Group), reported open‑market sales of PayPal common stock on 10/30/2025.

How many PYPL shares does the insider hold after the sales?

Following the reported transactions, directly beneficially owned shares total 16,989.

At what prices were the PYPL shares sold?

Weighted averages were $68.406, $69.465, and $70.2049, each with stated intraday price ranges.

Were these PYPL trades under a Rule 10b5‑1 plan?

Yes. The sales were made pursuant to a Rule 10b5‑1 plan adopted on March 7, 2025.

What was the transaction code for the PYPL insider trades?

The transactions are coded “S”, indicating open‑market or private sale of non‑derivative securities.

Is the ownership direct or indirect after the PYPL transactions?

The filing shows direct ownership for the 16,989 shares.
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