PayPal CFO/COO vests 7,414 RSUs; 3,785 withheld
PayPal’s CFO and COO reported RSU vesting into common stock with part of the shares withheld to cover taxes.
Rhea-AI Filing Summary
PayPal Holdings, Inc. reported that Chief Fin & Op Officer Jamie S. Miller had 7,414 restricted stock units convert into an equal number of shares of common stock on September 1, 2026. Of these, 3,785 shares were withheld to satisfy tax withholding obligations, and the filing reports 44,479 restricted stock units remaining after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,414 shares exercised/converted
Exercise
3 txns
Insider
Miller Jamie S
Role
Chief Fin & Op Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -3 F2, F3, F4 | 7,414 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,414 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 3,785 | $52.665 | $199K |
Holdings After Transaction:
Restricted Stock Units -3 — 44,479 contracts (Direct);
Common Stock — 80,533 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
Restricted stock units converted: 7,414 units
Common shares acquired from RSUs: 7,414 shares
Shares withheld for taxes: 3,785 shares
+4 more
7 metrics
Restricted stock units converted
7,414 units
RSUs converted into common stock on September 1, 2026
Common shares acquired from RSUs
7,414 shares
Shares of PayPal common stock received upon RSU vesting
Shares withheld for taxes
3,785 shares
Withheld to satisfy tax withholding obligations at vesting
Tax withholding price
$52.665 per share
Price used for shares withheld to pay tax liability
Restricted stock units remaining
44,479 units
RSUs reported as held after the September 1, 2026 transaction
RSU grant date
March 1, 2025
Grant subject to three-year vesting schedule
Vesting schedule length
3 years
RSU award vests over three years with quarterly installments
Key Terms
Restricted Stock Units, tax withholding obligations, vested, contingent right
4 terms
Restricted Stock Units financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units"
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"
vested financial
"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"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock"
FAQ
What insider equity activity did PYPL’s CFO/COO Jamie S. Miller report?
Jamie S. Miller reported the vesting and conversion of 7,414 restricted stock units into 7,414 shares of PayPal common stock on September 1, 2026, as part of a previously granted equity award with a multi-year vesting schedule.
How many restricted stock units does the PYPL officer report remaining after this vesting?
After the reported transaction, Jamie S. Miller is shown as holding 44,479 restricted stock units, each representing a contingent right to receive one share of PayPal common stock, according to the Form 4 disclosure.
What is the vesting schedule for the PYPL restricted stock units in this filing?
The restricted stock unit grant was received on March 1, 2025 and vests over three years: 1/3 on the one-year anniversary of the grant date, then 1/12 on each quarterly anniversary until the third anniversary, when it becomes fully vested.
Was the PYPL insider transaction made under a Rule 10b5-1 trading plan?
The document-level checkbox for Rule 10b5-1 is not checked, and the footnotes do not state that these transactions were made pursuant to a Rule 10b5-1 trading plan.
What types of transactions are reported in this PYPL Form 4?
The Form 4 reports an exercise/conversion of 7,414 restricted stock units into common stock and a separate code F transaction in which 3,785 shares were withheld to pay the reporting person’s tax liability related to the vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.