Form 4: PayPal Executive Frank Keller Reports RSU Vesting and Tax Sale

PayPal EVP Frank Keller reported the vesting of restricted stock units and a subsequent sale of shares to cover tax obligations on September 1, 2025.

Summary

• Frank Keller, EVP, GM, Large Ent & Mer Plat. at PayPal Holdings, Inc. (PYPL), reported transactions on September 1, 2025.
• Acquired 1,319 shares of common stock through the vesting of Restricted Stock Units (RSUs).
• Acquired 1,055 shares of common stock through the vesting of Restricted Stock Units (RSUs).
• Acquired 3,418 shares of common stock through the vesting of Restricted Stock Units (RSUs).
• Disposed of 3,205 shares of common stock at a price of $70.19 per share to satisfy tax withholding obligations related to RSU vesting.
• Following these transactions, Keller directly beneficially owns 50,835 shares of common stock.
• Remaining derivative securities include 2,638, 2,110, and 20,508 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation (RSU vesting and tax-related share sales), which are generally neutral in sentiment.

Positives

• Vesting of 5,792 Restricted Stock Units (1,319 + 1,055 + 3,418) indicates the realization of executive compensation.
• The transactions are part of a pre-established vesting schedule for RSU grants.

Negatives

• Disposed of 3,205 shares of common stock, reducing direct ownership, although this was for tax withholding purposes.

Stakeholder Impact

• Shareholders may note the executive's continued ownership and the routine nature of compensation-related stock activity.

Next Steps

• Continued vesting of remaining Restricted Stock Units according to their respective three-year schedules.

Key Dates

Keywords

PayPal, PYPL, Frank Keller, Insider Transaction, Form 4, Restricted Stock Units, Executive Compensation, Stock Vesting, Tax Withholding