PayPal Officer Frank Keller Disposes Shares for Tax Withholding Following RSU Vesting

Executive Summary

On October 16, 2026, Frank Keller, President of Checkout Solutions & PayPal at PayPal Holdings, Inc. ($PYPL), reported the vesting of restricted stock units (RSUs) and associated tax withholding transactions occurring on October 15, 2026. The transaction involved the settlement of 1,639 RSUs into Common Stock and the subsequent withholding of 907 shares to satisfy statutory tax obligations.

Transaction Breakdown

• RSU Conversion (Code M): 1,639 shares of Common Stock were acquired at an exercise price of $0.00 upon vesting of RSUs granted on April 15, 2024.
• Tax Withholding (Code F): 907 shares were withheld by the issuer at $56.10 per share, amounting to approximately $50,882.70, to cover tax obligations.
• Ending Direct Holdings: 42,299 shares of Common Stock remain directly owned by the reporting person following the transaction, alongside 3,278 unvested RSUs from this grant tranche.

Market Significance

This filing represents standard equity compensation vesting and mandatory tax withholding. Because no discretionary market sale or purchase took place, this event bears Low trading significance and provides neutral sentiment regarding insider outlook.