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PayPal Holdings, Inc. (PYPL) officer logs 8,523-share RSU vesting and 3,883-share tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PayPal Holdings, Inc. executive Aaron Webster, EVP and Global Chief Risk Officer, reported equity compensation activity involving restricted stock units. On 2026-07-15, RSU vesting and related exercises delivered 8,523 shares of common stock. In connection with this vesting, 3,883 shares of common stock were withheld at $47.37 per share to satisfy tax withholding obligations, as described in the footnotes. The filing also notes that each restricted stock unit represents a contingent right to receive one share of PayPal common stock under a multi-year vesting schedule.

Positive

  • None.

Negative

  • None.
Insider Webster Aaron
Role EVP, Global Chief Risk Officer
Type Security Shares Price Value
Exercise Restricted Stock Units -1 5,901 $0.00 --
Exercise Restricted Stock Units -2 2,622 $0.00 --
Exercise Common Stock 5,901 $0.00 --
Exercise Common Stock 2,622 $0.00 --
Tax Withholding Common Stock 3,883 $47.37 $184K
Holdings After Transaction: Restricted Stock Units -1 — 17,700 shares (Direct); Restricted Stock Units -2 — 7,866 shares (Direct); Common Stock — 64,517 shares (Direct)
Footnotes (1)
  1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. 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. Not applicable.
Shares withheld for taxes 3,883 shares Common stock withheld to satisfy tax withholding obligations on 2026-07-15
Tax withholding price $47.37 per share Value assigned to 3,883 withheld shares of common stock
Shares from RSU vesting 8,523 shares Total common shares delivered via RSU exercises and conversions
RSU holding -2 7,866 units Restricted Stock Units -2 outstanding, each for one PayPal common share
RSU holding -1 17,700 units Restricted Stock Units -1 outstanding, each for one PayPal common share
restricted stock unit financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units"
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
"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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock"
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FAQ

What did PayPal (PYPL) executive Aaron Webster report in this Form 4?

Aaron Webster reported RSU vesting and exercises totaling 8,523 shares of PayPal common stock on 2026-07-15, with a portion of the shares withheld to cover associated tax obligations.

How many PayPal (PYPL) shares were withheld for Aaron Webster’s taxes?

A total of 3,883 shares of PayPal common stock were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units, at a value of $47.37 per share.

How many PayPal (PYPL) shares did Aaron Webster receive from RSU vesting?

Aaron Webster received 8,523 shares of PayPal common stock through the vesting and exercise of restricted stock units on 2026-07-15, according to the Form 4 transaction summary.

Were Aaron Webster’s PayPal (PYPL) transactions open-market buys or sells?

No. The reported activity reflects RSU vesting, derivative exercises, and tax-withholding dispositions, with no open-market purchase (P) or sale (S) transactions disclosed in this Form 4.

What does each restricted stock unit represent for PayPal (PYPL) shares?

Each restricted stock unit represents a contingent right to receive one share of PayPal’s common stock, delivered upon vesting according to the multi-year schedule described in the Form 4 footnotes.

What ongoing RSU holdings did Aaron Webster report at PayPal (PYPL)?

After these transactions, Aaron Webster reported 7,866 units under one RSU award and 17,700 units under another, each representing a contingent right to receive an equal number of PayPal common shares upon vesting.
SEC Form 4
FORM 4UNITED 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).
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*
Webster Aaron

(Last)(First)(Middle)
C/O PAYPAL HOLDINGS, INC
1000 PALM BLVD #605

(Street)
ISLE OF PALMS SOUTH CAROLINA 29451-0605

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PayPal Holdings, Inc. [ PYPL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Global Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/15/2026M5,901A$0.064,517D
Common Stock07/15/2026M2,622A$0.067,139D
Common Stock07/15/2026F3,883(1)D$47.3763,256D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units -1(2)07/15/2026M5,901 (3) (4)Common Stock5,901$0.017,700D
Restricted Stock Units -2(2)07/15/2026M2,622 (3) (4)Common Stock2,622$0.07,866D
Explanation of Responses:
1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person.
2. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
3. 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.
4. Not applicable.
By: Peter Kraus For: Aaron Webster07/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)