Form 4: PayPal Director Frank D. Yeary Receives Annual Stock Grant Valued at $275,000
Insider Transaction Report
PayPal Holdings, Inc. Director Frank D. Yeary was granted 3,795 shares of common stock as part of his annual compensation, valued at $275,000, with receipt deferred under the company's deferred compensation plan.
Summary
- Frank D. Yeary, a Director of PayPal Holdings, Inc. (PYPL), acquired 3,795 shares of common stock on June 5, 2025.
- This acquisition represents a fully vested stock payment award, part of the Company's Independent Director Compensation Policy.
- The number of shares granted was determined by dividing $275,000 by the Company's closing stock price on the grant date, rounded up to the nearest whole share.
- Mr. Yeary has elected to defer the receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan.
- Following this transaction, Mr. Yeary beneficially owns 50,630 shares directly, 4,500 shares indirectly through a Trust, and 8 shares indirectly by his son.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive as it reflects standard corporate governance and director alignment with shareholder interests through equity compensation, without any negative implications.
Positives
- The stock grant aligns the director's interests with those of shareholders, as compensation is tied to company equity.
- The grant is part of a standard, pre-defined Independent Director Compensation Policy, indicating structured corporate governance.
Future Outlook
The document does not provide forward-looking statements or guidance beyond the deferral of the stock payment award.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically a director's compensation in the form of equity. Such grants are common practice across publicly traded companies to align the interests of directors with shareholders and are a standard component of corporate governance in the technology and financial services sectors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Policy Implementation | The stock grant was made pursuant to the Company's Independent Director Compensation Policy, which dictates fully vested stock payment awards following the annual meeting of stockholders. | 06/05/2025 | Reinforces structured and transparent director compensation practices, aligning director incentives with company performance and shareholder value. |
Stakeholder Impact
- Shareholders: The equity grant aligns the director's financial interests with those of shareholders, potentially fostering decisions that enhance long-term shareholder value.
Next Steps
- The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.
Key Dates
| Date | Description |
|---|---|
| 06/05/2025 | Date of transaction for the acquisition of common stock. |
| 06/06/2025 | Date the Form 4 was signed by Brian Yamasaki for Frank D. Yeary. |
Keywords
PayPal, PYPL, Form 4, Director Compensation, Stock Grant, Insider Transaction, Equity Award, Deferred Compensation
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