PayPal (PYPL) director Frank Yeary granted $275K in fully vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yeary Frank D reported acquisition or exercise transactions in this Form 4 filing.
PayPal Holdings, Inc. director Frank D. Yeary reported an equity compensation grant on common stock. He received a fully vested stock payment award of 6,275 shares, recorded at a value of $275,000 under the company’s Independent Director Compensation Policy, based on the closing stock price on the grant date.
After this grant, Yeary directly holds 57,036 PayPal shares. The filing also notes indirect holdings of 8 shares held by his son and 4,500 shares held through a trust, providing a consolidated view of his reported PayPal equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Yeary Frank D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,275 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 57,036 shares (Direct, null);
Common Stock — 4,500 shares (Indirect, Trust)
Footnotes (1)
- [object Object]
Key Figures
Stock award value: $275,000
Shares granted: 6,275 shares
Direct holdings after grant: 57,036 shares
+2 more
5 metrics
Stock award value
$275,000
Independent Director Compensation Policy grant
Shares granted
6,275 shares
Fully vested common stock award on grant date
Direct holdings after grant
57,036 shares
Common stock directly held by Frank D. Yeary
Trust holdings
4,500 shares
Common stock held indirectly through a trust
Son’s holdings
8 shares
Common stock held indirectly by son
Key Terms
Independent Director Compensation Policy, fully vested stock payment award, closing stock price, Form 4
4 terms
Independent Director Compensation Policy financial
"Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted a fully vested stock payment award"
fully vested stock payment award financial
"has been granted a fully vested stock payment award for common stock promptly following the Company's annual meeting"
closing stock price financial
"represents the quotient of (A) $275,000 divided by (B) the Company's closing stock price on the date of grant"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
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.
FAQ
What did PayPal (PYPL) director Frank D. Yeary report in this Form 4 filing?
Frank D. Yeary reported receiving a stock payment award of 6,275 PayPal common shares. The award was granted under PayPal’s Independent Director Compensation Policy and is fully vested, meaning the shares are not subject to future service-based vesting conditions.
How large is Frank D. Yeary’s new PayPal (PYPL) stock award and how was it determined?
The award is valued at $275,000 and consists of 6,275 fully vested common shares. The number of shares equals $275,000 divided by PayPal’s closing stock price on the grant date, rounded up to the nearest whole share according to the policy.
Is the PayPal (PYPL) stock award to Frank D. Yeary part of a standard director compensation program?
Yes. The footnote states the award was granted under PayPal’s Independent Director Compensation Policy. It describes a fully vested stock payment granted promptly after the company’s annual stockholder meeting, with value set at $275,000 and converted into shares.
Does this PayPal (PYPL) Form 4 show any stock sales by Frank D. Yeary?
No stock sales are reported in this Form 4. The filing shows an acquisition of 6,275 common shares as a grant or award and two holding entries for existing indirect positions, without any open-market purchases or sales transactions disclosed.