Form 4: PayPal Executive Diego Scotti Reports Stock Transactions
SEC Form 4 Filing
EVP and GM Consumer & Global Marketing of PayPal Holdings, Inc., Diego Scotti, reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On January 15, 2025, Diego Scotti, EVP and GM Consumer & Global Marketing at PayPal Holdings, Inc., executed transactions involving PayPal common stock.
- Scotti vested 34,354 restricted stock units, each representing a contingent right to receive one share of PayPal's common stock.
- Following the vesting, 17,365 shares were withheld to cover tax obligations at a price of $87.18 per share.
- After these transactions, Scotti directly owns 16,989 shares of PayPal common stock and 68,704 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company executive, as required by SEC regulations. It provides transparency into the executive's holdings and transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 01/17/2025 | Date of signature on the Form 4 filing. |
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