The sale by PayPal’s Global Chief Risk Officer was automatic to cover taxes from RSU vesting, leaving 63,256 shares held directly.
A PayPal Holdings Inc (NASDAQ:PYPL) executive sold 3,883 shares on July 15, 2026, at a weighted average price of $47.37. The transaction was non-discretionary, executed to cover tax obligations tied to the vesting of restricted stock units (RSUs).
The shares were part of a three-year vesting schedule, with quarterly installments following an initial one-year cliff. Post-sale, the executive retains 63,256 shares directly, representing 0.0072% of outstanding equity, alongside 25,566 unvested RSUs.
PayPal’s stock closed at $55.52 on July 15, 2026, after the transaction. The sale does not reflect a change in the executive’s investment stance, according to the filing.