Form 4: PayPal Executive Diego Scotti Reports Stock Transactions
SEC Form 4 Filing
EVP and GM of Consumer Group at PayPal, Diego Scotti, reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On April 15, 2025, Diego Scotti, EVP and GM of Consumer Group at PayPal Holdings, Inc., reported transactions involving PayPal common stock.
- Specifically, 8,589 restricted stock units vested, which were then converted into common stock.
- 4,750 shares were withheld to cover tax obligations at a price of $62.27 per share.
- Following these transactions, Scotti directly owns 20,828 shares of PayPal common stock and 60,115 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is a standard practice for executives to receive and vest stock options and restricted stock units as part of their compensation packages.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the standard compensation practices for company executives.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of stock transactions (vesting of restricted stock units and tax withholding). |
| 04/16/2025 | Date of signature on the Form 4 filing. |
Keywords
PayPal, Diego Scotti, Stock, Restricted Stock Units, Form 4, Executive Compensation, Insider Trading
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