Frank Keller - Mar 1, 2025 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role: EVP, GM, Lg Ent & Mer Plat.
Signature: By: Brian Yamasaki For: Frank Keller
Stock symbol: PYPL
Transactions as of: Mar 1, 2025
Transactions value $: -$666,875
Form type: 4
Date filed: 3/4/2025, 06:43 PM
Previous filing: Dec 2, 2024
Next filing: Apr 16, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PYPL	Common Stock	Options Exercise	$0	+767	+2.7%	$0.00	29.2K	Mar 1, 2025	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+153	+0.52%	$0.00	29.3K	Mar 1, 2025	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+1.32K	+4.5%	$0.00	30.7K	Mar 1, 2025	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+1.06K	+3.45%	$0.00	31.7K	Mar 1, 2025	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+13.7K	+43.13%	$0.00	45.4K	Mar 1, 2025	Direct
transaction	PYPL	Common Stock	Tax liability	-$667K	-9.39K	-20.68%	$71.05	36K	Mar 1, 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PYPL	Restricted Stock Units -2	Options Exercise	$0	-767	-100%	$0.00	0	Mar 1, 2025	Common Stock	767		Direct	F2, F3, F4
transaction	PYPL	Restricted Stock Units -3	Options Exercise	$0	-153	-100%	$0.00	0	Mar 1, 2025	Common Stock	153		Direct	F2, F3, F4
transaction	PYPL	Restricted Stock Units -4	Options Exercise	$0	-1.32K	-20.01%	$0.00	5.28K	Mar 1, 2025	Common Stock	1.32K		Direct	F2, F4, F5
transaction	PYPL	Restricted Stock Units -5	Options Exercise	$0	-1.06K	-20.01%	$0.00	4.22K	Mar 1, 2025	Common Stock	1.06K		Direct	F2, F4, F5
transaction	PYPL	Restricted Stock Units -7	Options Exercise	$0	-13.7K	-33.34%	$0.00	27.3K	Mar 1, 2025	Common Stock	13.7K		Direct	F2, F4, F6
transaction	PYPL	Restricted Stock Units -9	Award	$0	+82.8K		$0.00	82.8K	Mar 1, 2025	Common Stock	82.8K		Direct	F2, F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
F2	Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F3	The reporting person received a restricted stock unit grant on March 1, 2022, subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F4	Not applicable.
F5	The reporting person received a restricted stock unit grant on March 1, 2023, subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F6	The reporting person received a restricted stock unit grant on March 1, 2024, subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F7	The reporting person received a restricted stock unit grant on March 1, 2025, subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.