Form 4: PayPal Executive Frank Keller Reports Stock Transactions
SEC Form 4 Filing
Frank Keller, an EVP at PayPal, reported the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- Frank Keller, an Executive Vice President at PayPal Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On April 15, 2025, Keller vested 13,428 and 6,557 shares of common stock from restricted stock units.
- 11,053 shares were withheld to cover tax obligations at a price of $62.27 per share.
- Following these transactions, Keller directly owns 44,926 shares of PayPal common stock and 13,112 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 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 04/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Restricted Stock Units, PayPal, PYPL, Frank Keller, Vesting, Tax Withholding
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