PayPal Officer Frank Keller Files Form 144 to Sell 732 Shares Under 10b5-1 Plan

Executive Summary

On October 28, 2026, Frank Keller, an Officer at PayPal Holdings, Inc. ($PYPL), filed a Form 144 notice of proposed sale covering 732 shares of common stock. The aggregate market value of the proposed transaction is $41,057.88, representing an average price of approximately $56.09 per share.

Transaction Details

• Securities to be Sold: 732 shares of Common Stock
• Aggregate Market Value: $41,057.88
• Acquisition Origin: The shares were recently acquired on October 15, 2026, through the vesting of Restricted Stock Units (RSUs) directly from the issuer.
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Planned Execution Date: October 28, 2026

Rule 10b5-1 Plan & Past Sales Context

• Trading Plan: The planned sale is governed by a pre-established Rule 10b5-1 trading plan adopted on October 30, 2025.
• Recent Prior Sales:
  • September 3, 2026: 4,612 shares sold for $255,656.01 under 10b5-1 plan.
  • July 29, 2026: 732 shares sold for $42,529.20 under 10b5-1 plan.

Market & Trading Significance

The trading significance of this filing is Low. The transaction size of 732 shares constitutes a negligible fraction of PayPal's 830,658,298 shares outstanding. Furthermore, the sale is executed pursuant to a pre-scheduled Rule 10b5-1 trading plan entered into nearly a year in advance, and appears to follow regular quarterly RSU vest-and-sell activity.