DORMAN DAVID W 4

Accession 0001193125-26-037471

CIK 0001633917other

Filed

Feb 3, 7:00 PM ET

Accepted

Feb 4, 3:30 PM ET

Size

10.7 KB

Accession

0001193125-26-037471

AI-generated summary of this filing

Updated Feb 4, 2026

PayPal Director David W. Dorman Receives Stock Awards

What Happened

David W. Dorman, a PayPal (PYPL) director newly appointed Chair of the Board, was granted two fully vested stock awards on 2026-02-02 totaling 2,085 shares (564 shares and 1,521 shares). The Form 4 reports a per-share price of $0.00 because these were awards (transaction code A). Footnotes disclose the underlying dollar amounts used to calculate the grants: $29,486.30 (prorated chair equity award) and $79,589.04 (prorated chair retainer in stock), totaling $109,075.34 based on the company's closing stock price on the grant date.

Key Details

Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (timely filing).
Transaction type/code: Award/Grant (A); shares acquired at $0.00 per SEC reporting convention.
Shares granted: 564 and 1,521 (total 2,085).
Reported dollar amounts in footnotes: $29,486.30 (equity award) and $79,589.04 (retainer-in-stock) — combined ≈ $109,075.34.
Shares owned after the transaction: Not specified in the provided filing.
Footnotes: F1 = fully vested stock payment award for prorated Chair equity; F2 = election to receive prorated annual Chair retainer in common stock.

Context

These grants are compensation-related (pro-rated chair equity and retainer paid in stock) tied to Dorman’s appointment as Chair, not open-market purchases or sales. Such awards are routine director compensation and do not, by themselves, indicate insider buying or selling sentiment.

Form 4

Period: 2026-02-02

Director

Transactions

Holdings

Footnotes (2)

[F1]Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted and has received a fully vested stock payment award for shares of Company common stock in connection with his appointment as Chair of the Board of the Directors of the Company. The number of shares of common stock granted represents the quotient of (A) $29,486.30 (representing the reporting person's annual Chair equity award of $87,500, prorated to reflect the number of days from the date of his appointment to the first anniversary of the most recent annual stockholders meeting), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.
[F2]Pursuant to the Company's Independent Director Compensation Policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors for his appointment as Chair of the Board of Directors of the Company. The number of shares of common stock awarded represent the quotient of (A) $79,589.04 (representing the reporting person's annual Chair retainer fees of $87,500, prorated to reflect the number of days from the date of his appointment to December 31, 2026), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.

Signature

By: Brian Yamasaki For: David Wyatt Dorman|2026-02-04

1 file

PayPal Holdings, Inc.

CIK 0001633917

Entity typeother