PayPal (NASDAQ: PYPL) chair David Dorman gets stock awards
Rhea-AI Filing Summary
PayPal Holdings director David W. Dorman reported receiving stock-based compensation in the form of common shares. On February 2, 2026, he acquired 564 shares of PayPal common stock at $0 under the company’s Independent Director Compensation Policy as a fully vested stock payment tied to his appointment as Chair of the Board.
On the same date, he also acquired 1,521 shares at $0 by electing to receive common stock instead of cash retainer fees for his Chair role. The first grant reflects a value of $29,486.30, and the fee-related award reflects $79,589.04, both prorated amounts derived from an annual Chair equity or retainer figure of $87,500. After these grants, he directly owned 72,850 shares, and additional common stock was held indirectly through several 2021 Family Trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 564 | $0.00 | -- |
| Grant/Award | Common Stock | 1,521 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted and has received a fully vested stock payment award for shares of Company common stock in connection with his appointment as Chair of the Board of the Directors of the Company. The number of shares of common stock granted represents the quotient of (A) $29,486.30 (representing the reporting person's annual Chair equity award of $87,500, prorated to reflect the number of days from the date of his appointment to the first anniversary of the most recent annual stockholders meeting), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock. Pursuant to the Company's Independent Director Compensation Policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors for his appointment as Chair of the Board of Directors of the Company. The number of shares of common stock awarded represent the quotient of (A) $79,589.04 (representing the reporting person's annual Chair retainer fees of $87,500, prorated to reflect the number of days from the date of his appointment to December 31, 2026), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.
