PayPal (PYPL) president reports open-market sale of 10,732 shares

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

PayPal Holdings, Inc. president of Checkout Solutions & PayPal, Frank Keller, reported selling a total of 10,732 shares of PayPal common stock in open-market transactions. The sales occurred on April 29, 2026 at prices of $50.00 and $49.46 per share.

Insider Trade Summary 10b5-1

Net Seller: 10,732 shares ($536,205)

Net Sell 2 txns

Insider Keller Frank

Role Pres., Checkout Sol. & PayPal

Sold 10,732 shs ($536K)

Type	Security	Shares	Price	Value
Sale	Common Stock	732	$49.46	$36K
Sale	Common Stock	10,000	$50.00	$500K

Holdings After Transaction: Common Stock — 51,567 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold (block 1): 10,000 shares Shares sold (block 2): 732 shares Total shares sold: 10,732 shares +2 more

5 metrics

Shares sold (block 1) 10,000 shares Open-market sale of PayPal common stock at $50.00 per share on April 29, 2026

Shares sold (block 2) 732 shares Open-market sale of PayPal common stock at $49.46 per share on April 29, 2026

Total shares sold 10,732 shares Net shares sold across two open-market transactions reported in the Form 4

Sale price (block 1) $50.00/share Price per share for the 10,000-share open-market sale

Sale price (block 2) $49.46/share Price per share for the 732-share open-market sale

Key Terms

Form 4, open-market sale, Common Stock, transaction code "S"

4 terms

Form 4 regulatory

"This insider transaction was disclosed in a Form 4 filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

open-market sale financial

"Each transaction is described as an open-market sale of common stock."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"Both transactions involve PayPal Holdings, Inc. Common Stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code "S" regulatory

"The transactions carry the transaction code "S" for sales."

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 05:52 PM

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).

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^*

Keller Frank

(Last)

(First)

(Middle)

C/O PAYPAL HOLDINGS, INC.

2211 NORTH FIRST STREET

(Street)

SAN JOSE

CALIFORNIA

95131

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Pres., Checkout Sol. & PayPal

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/29/2026		S		732	D	$49.46	51,567	D
Common Stock	04/29/2026		S		10,000	D	$50	41,567	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

The transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted on October 30, 2025.

	By: Brian Yamasaki For: Frank Keller	04/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PayPal (PYPL) executive Frank Keller report?

Frank Keller, president of Checkout Solutions & PayPal, reported selling 10,732 shares of PayPal common stock. The Form 4 shows two open-market sales on April 29, 2026, reflecting a net reduction in his directly held PayPal shares.

How many PayPal (PYPL) shares did Frank Keller sell and at what prices?

Frank Keller sold 10,732 PayPal common shares in total. One block of 10,000 shares was sold at $50.00 per share, and a second sale of 732 shares was completed at $49.46 per share, both as open-market transactions.

What type of transactions were reported in this PayPal (PYPL) Form 4 filing?

The filing reports two non-derivative transactions in PayPal common stock. Both are coded “S,” indicating open-market or private sales, and are described as open-market sales of existing shares rather than option exercises, conversions, gifts, or tax-withholding events.

Did Frank Keller acquire any new PayPal (PYPL) shares in this Form 4?

No, the Form 4 shows only sales of PayPal common stock. The transaction summary indicates two sale transactions totaling 10,732 shares and no acquisitions, exercises, grants, gifts, or tax-withholding entries during the reported period.

Are there any derivative securities involved in this PayPal (PYPL) insider filing?

No derivative securities are listed in this Form 4. The derivativeSummary section is empty, and all reported transactions involve non-derivative PayPal common stock, indicating no option exercises, warrant conversions, or other derivative activities in this particular filing.

Were Frank Keller’s PayPal (PYPL) sales direct or through an intermediary entity?

The reported PayPal share sales are classified as direct ownership. The ownership code for both transactions is “D” for direct, and there is no footnote indicating that the shares were held or sold through a trust, partnership, or other related entity.