PayPal executive exercises RSUs, shares withheld for taxes
PayPal Holdings executive Suzan Kereere, President, Global Markets, reported routine equity compensation activity.
Rhea-AI Filing Summary
PayPal Holdings executive Suzan Kereere, President, Global Markets, reported routine equity compensation activity. She exercised restricted stock units covering 6,903 shares of common stock, converting them into directly held shares.
To cover related tax withholding obligations, 3,524 shares were withheld at a price of $44.75 per share. After these transactions, she directly holds 34,362 shares of PayPal common stock, reflecting a net increase in her equity position rather than an open-market sale.
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 | 6,903 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,903 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,524 | $44.75 | $158K |
Holdings After Transaction:
Restricted Stock Units -3 — 48,315 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
Shares withheld for taxes: 3,524 shares
Tax withholding price: $44.75 per share
RSU shares exercised: 6,903 shares
+3 more
6 metrics
Shares withheld for taxes
3,524 shares
Tax withholding disposition at $44.75 per share on Common Stock
Tax withholding price
$44.75 per share
Value used for 3,524 shares withheld to satisfy tax obligations
RSU shares exercised
6,903 shares
Restricted stock units converted into PayPal common stock
Shares held after transactions
34,362 shares
Direct PayPal common stock ownership following Form 4 activity
Tax-withheld shares count
3,524 shares
Count of shares used to satisfy vesting-related tax liabilities
Exercise-related transactions
1 exercise, 1 tax withholding
Form 4 shows one derivative exercise and one F-code disposition
Key Terms
restricted stock units, tax withholding obligations, derivative security, vesting schedule, +1 more
5 terms
restricted stock units financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted"
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.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares"
derivative security financial
"transaction_code_description": "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.
vesting schedule financial
"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"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PYPL executive Suzan Kereere report?
Suzan Kereere reported exercising restricted stock units into 6,903 shares of PayPal common stock. In the same event, 3,524 shares were withheld to satisfy tax obligations tied to the vesting, a standard equity compensation mechanism rather than an open-market trade.
Did Suzan Kereere buy or sell PayPal (PYPL) stock on the market?
The filing shows no open-market buy or sell by Suzan Kereere. She acquired shares through restricted stock unit vesting, while 3,524 shares were withheld for taxes, which is an administrative disposition, not a discretionary market sale or purchase.
How were Suzan Kereere’s PayPal restricted stock units structured?
The restricted stock units were granted on March 1, 2025, with a three-year vesting schedule. One-third vests after one year, and 1/12 vests on each subsequent quarterly anniversary until the third anniversary, when the grant becomes fully vested into common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
